Activism Archive

Looking ahead at 2021, corporate management teams will be facing a very different operating environment from the one that prevailed through most of 2020. While the availability of Covid-19 vaccines may allow the economy to return to something akin to normalcy, some changes accelerated by the coronavirus – such as working from home, increased digitization of commerce and shifts in consumer behavior – will leave a lasting impact on businesses. At the same time, a heighte...

– Pope Francis gave his blessing to a new alliance that includes large investors, companies, unions and foundations, reported the Financial Times (paywall). Founding members of the Council for Inclusive Capitalism include the managers of around $10.5 tn in assets, companies with a combined market cap of more than $2 tn and groups representing more than 200 mn workers ar...

The Children’s Investment Fund (TCI) has significantly expanded its ‘say on climate’ campaign, with resolutions filed at several US-listed companies and plans to target ‘hundreds’ more. The hedge fund, managed by Sir Christopher Hohn, will also focus on companies in Canada, the UK and continental Europe as it seeks to push management into more urgent action over global warming.  On a ...

While investors were broadly supportive of companies during this year’s European AGM season, boards should expect more scrutiny in 2021 over their response to the Covid-19 pandemic, according to a new report from Morrow Sodali, the advisory firm. Across European markets, investors showed little change from last year in their votes on board elections and executive compensation i...