ESG Monthly archive

Apr 19, 2019
CII targets better ESG and human capital disclosure
The Council of Institutional Investors (CII) has called for action to be taken to improve issuers’ reporting around human capital management and ESG matters, at a time when non-governmental changes appear to have more momentum than regulatory reforms. Human capital management is becoming an increasingly important issue for companies and investors, putting many governance teams in a position where they need to help boards understand the challenges and opportunities...
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Apr 12, 2019
Should boardrooms consider political diversity?
Should corporates be more interested in ‘ideological diversity’ in the boardroom? They should, according to Justin Danhof, director of the National Center for Public Policy Research’s Free Enterprise Project (FEP), a conservative shareholder activist group, who says ‘Silicon Valley-based companies are too liberal’. ‘We’re seeking to protect investors and one area of vulnerability we see is political unanimity,’ Danhof tells IR Magazine. ‘T...
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Apr 11, 2019
Netflix adopts proxy access
Netflix has become the latest US public company to give investors a greater say in who is picked for its board.  According to a regulatory filing, the Netflix board of directors late last month amended and restated the company’s bylaws to add a proxy access provision. The updated bylaws state that a shareholder owning at least 3 percent of the company’s o...
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Apr 10, 2019
Investors underpricing impact of climate-related risks, says BlackRock
Asset manager behemoth BlackRock warns that investors are underpricing the impact of climate-related risks and need to rethink their assessment of asset vulnerabilities. The group, in a major piece of on-going analysis, asserts that while the physical manifestations of climate change are clear, including rising sea levels, and more intense hurricanes, wildfires and droughts, how investors incorporate these risks into their analysis is not. The research indica...
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Apr 05, 2019
Companies face mini-wave of plastic pollution proposals
Petrochemical companies are facing pressure to disclose incidents where they have spilled plastic into the ocean, which leads to what is said to be a major source of pollution. As You Sow, a non-profit organization that promotes environmental and social corporate responsibility via engagement, investor pressure and other legal strategies, has filed proposals seeking such reports with four major companies this proxy season. If approved, the proposals would req...
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Apr 02, 2019
Investment Association reveals UK gender pay gap challenges
With the government’s gender pay gap reporting deadline of April 4 only two days away, UK asset management trade body the Investment Association (IA) has today launched a new report that looks into the make-up of the gender pay gap in the asset management sector. The report, Closing the Gap, finds that IA members have a median gap – the difference between the midpoints in the ranges of earnings of men and women – of 31 percent. A significant factor in t...
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