stewardship Archives

Board diversity a key theme for US 2017 proxy season

Board diversity and gender pay equity were key themes for the 2017 proxy season in the US, according to the annual review by the EY Center for Board Matters.

The report noted that this year’s proxy season was notable …

Pension funds should work to encourage better human capital reporting

Diandra Soobiah, Senior Research Analyst at NEST, the UK government’s auto-enrolment pensions provider has argued for pension funds to work together to encourage companies to improve their disclosure of human capital information.

In an article written for Professional …

ShareAction expands to take over the Asset Owners Disclosure Project

Responsible investment pressure group ShareAction has taken over the Asset Owners Disclosure Project (AODP), which has worked to improve the management of climate risk investors have in their portfolios and to improve the level of disclosure about those risks.

For …

ICGN voices concern over proposed Dutch law on takeovers

The International Corporate Governance Network (ICGN), has written to the Dutch Economic Ministry and to the Dutch House of Representative’s economic affairs committee to express its significant concerns relating to the new legislation regarding takeover bids in the Netherlands. …

RLAM’s Glencore governance worries flagged in AGM results

Royal London Asset Management (RLAM), voiced concerns about the unusual remuneration and board structure of Glencore ahead of its May 24 AGM.

The voting results show RLAM’s concerns may have been shared by other shareholders. While all Glencore’s resolutions …

Shell faces shareholder resolution for greenhouse gas targets

Oil giant Shell is facing a shareholder resolution at its AGM next week (23rd May) calling for it to set and publish targets for reduction of its greenhouse gas emissions (GHG) that are aligned with the Paris Climate Agreement goal …

ShareAction: Investors to oppose BP and Shell’s pay policies

Responsible investment pressure group, ShareAction is calling on investors to oppose the executive pay policies of oil companies, Shell and BP, arguing that they are not aligned with the long-term interests of shareholders.

ShareAction said that the remuneration for

Guidance on stewardship code in Japan published

Guidance on Stewardship Code for institutional investors in Japan to perform their duties effectively has been published by the Principles for Responsible Investment (PRI), the United Nations Environment Programme Finance Initiative (UNEP FI) and the Generation Foundation as part of …

Shareholder advisors group announces review of its best practice principles

The charter signatories to the Best Practice Principles for Shareholder Voting Research & Analysis (the BPP Group), which includes Manifest, will review its principles by the end of 2017 following a public consultation overseen by Chris Hodge, the new …

LGIM to use vote to put pressure on firms to take climate change action

Legal & General Investment Management (LGIM) will be using its shareholder vote at company AGMs to put pressure on companies to take action to respond to climate change and demonstrate they are taking measures to move to a low carbon …