Santos faces shareholder pressure ahead of AGM
April 4, 2023
Santos Ltd will hold its 2023 AGM on 6 April and has faced shareholder criticism over its climate ambitions and executive remuneration.
At Santos Ltd’s AGM in 2022 the oil …
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BEIS aims to ‘restore’ investor trust in audit and corporate governance
Audits could look at companies’ wider performance, including against key climate targets
A government consultation is seeking views on a series of proposals to reform the UK’s audit, corporate …
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Guy Jubb: AGMs have lost their sense of purpose
Ex-Standard Life Investments governance head argues meetings should be complemented by continual dialogue
Guy Jubb, former head of governance at asset management giant Standard Life Investments, claims AGMs have lost their …
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Investors file resolution calling on bank to publish strategy and targets
Some of Europe’s biggest pension funds and asset managers have filed a shareholder vote urging HSBC to cut its lending linked to fossil fuels.
Fifteen institutional investors with a …
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Watchdog highlights widespread box-ticking by UK plc
FTSE-listed companies are treating corporate governance as a box-ticking exercise and failing to meet stakeholder expectations in their reporting, according to the Financial Reporting Council (FRC).
The FRC’s Review of Corporate Governance Reporting …
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Edelman: ESG key to rebuilding investor trust post Covid-19
ESG criteria still championed by investors despite retrogressive attitude from policymakers
Environmental, social and governance (ESG) will play a crucial role in rebuilding trust between companies and the investment community, the …
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EC corporate governance report draws criticism
The European Commission report on directors’ duties and sustainable corporate governance, published earlier this year, is drawing heavy criticism from law experts.
Writing on the Oxford Business Law blog, the European Company Law …
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UK govt extends AGM leeway to end of 2020
The UK government has extended flexibility over AGM rules, meaning companies will be able to hold such meetings in Covid-safe fashion until the end of the year.
This temporary adjustment to …
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Spanish “loyalty shares” draw central bank criticism
The Bank of Spain has emerged as part of almost unanimous opposition to its government’s proposed introduction of so-called loyalty shares for listed companies.
According to El Pais, in its response to a consultation on a new securities and …
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European Commission pushes ahead with SRD II
The European Commission will proceed with the implementation of the second Shareholder Rights Directive (SRD II), defying protests from some post-trade groups.
As a result, the second phase of SRD II will come …
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