Activism Archive

Aug 15, 2022
Looking for the laggards: Clearway Capital on targeting firms that are already held to a high standard
Clearway Capital, described by Insightia as ‘Europe’s first dedicated ESG activist fund,’ was thrust into the spotlight this year, with a successful campaign pushing for French energy company TotalEnergies to divest its Russian assets and end the import of oil and natural gas from Russia, following its invasion of Ukraine. Clearway warned that ...
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Jul 05, 2022
How to prepare for engagement with activist investors
Make sure you have a ‘break glass in case of emergency’ plan to actively talk to your shareholders when – not if – activist investors buy into your company’s stock. Maintain a cohesive sense of all your company’s interactions with investors and be vigilant in your monitoring. These were all tips given by a panel of experts in the latest ...
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Jun 22, 2022
NIRI 2022: ESG activist shareholder proposals fall flat in proxy season
The chair of NIRI says she has not seen activists leverage ESG as often as traditional shareholder proposals in the 2022 proxy season so far and the ESG proposals that are tabled are rarely passed. IR Magazine caught up with Victoria Sivrais, chair of the US association of IROs and a partner at the strategic communications firm Clermont Partners, during the NIRI 2022 Annual Conference this month. ...
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Jun 09, 2022
Activism in Europe: UK firms more likely to settle, shows new data
With a ‘quiet resurgence’ in shareholder activism campaigns under way in both the UK and continental Europe, new research shows that UK companies are more likely to reach a settlement than their European counterparts. In the UK, research from Insightia shows there has been a 10 percent year-on-year increase in campaigns overall, though this jumps to a massive 400 percent increase among campaigns aimed at UK consumer-defensive companies. ...
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Jun 06, 2022
What impact will the SEC's proposed rules on beneficial ownership have on engagement with activists?
A pair of long-discussed and highly anticipated regulatory changes affecting activist investors and the US companies they target are coming down the pike. But advisers say that rather than creating a fundamental power shift, the reforms are likely to underscore the importance to each side of having effective engagement and a good story to tell. The value of playing well with others is becoming more widely accepted, they say. Back in February, the SEC proposed rule c...
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May 27, 2022
The week in investor relations: SEC targets bogus ESG claims, CEO pay ratio a ‘failed experiment’ and Icahn loses proxy fight with McDonald’s
– Reuters (paywall) reported on Wednesday that the SEC proposed a pair of rule changes aimed at stamping out unfounded claims by funds regarding their ESG credentials, and enforcing more standardization of such disclosures. The proposals, subject to public input, outline how ESG funds should be marketed and how inve...
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