September 26, 2024
Three institutional investors representing $110 billion in assets have withdrawn a shareholder resolution against BHP following improved disclosures in the company’s climate transition plan.
Denmark’s largest pension fund, …
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Some of the world’s largest asset managers are not using their proxy voting rights to support sustainable …
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The New York City Pension Funds have filed new shareholder resolutions in their continued campaign to get investors the right to nominate a director to the boards of US companies.
The Boardroom Accountability Project, which was launched in November …
Read MoreWhen Dale Wannen of US investment advisor Sustainvest Asset Management wanted Irish pharmaceuticals company Actavis to publish an annual sustainability report he didn’t just write a letter to the directors, or lobby a regulator for a rule change, he took …
Read MoreThe Australian federal government has mooted a draft bill which, if it succeeds, will remove the right of a 100 shareholders to call an extraordinary general meeting (EGM).
According to the announcement from Mathias Cormann, acting assistant treasurer, the draft …
Read MoreThe upcoming AGM of Deutsche Bank AG is looming large in many shareholders minds now. With the long running succession planning debate at the company leading some proxy advisors to publicly recommend opposition to ratification of the supervisory board acts, …
Read MoreEuro investor activism at US firms continues
International pension funds appear ready to continue to pressure U.S. companies to appoint independent board chairs, a leadership structure now commonly adopted by European boards but still relatively rare in the United States. …
Read MoreAfter setting a new high-water mark in 2009 in terms of US shareholder proposals (more than five dozen) and support (one majority vote and three others exceeding 40% of the votes cast), proponents of climate change resolutions are gearing up …
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