ESG Monthly archive

Aug 30, 2019
Attorney says ‘unusual’ WeWork CEO succession plan illustrates trend
WeWork has raised at least one set of seasoned corporate governance eyebrows with its CEO succession plans. The arrangement – featuring as it does a ‘pre-delegation’ of the process and the inclusion of the current CEO’s wife – is ‘quite unusual,’ a highly experienced corporate governance attorney tells Corporate Secretary, the online sister publication of IR Magazine. The lawyer describes the plan as illustrative of a trend among companies goi...
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Aug 23, 2019
Shift from shareholder value to stakeholder-focused model for top US firms
In a major corporate shift, shareholder value is no longer the main objective of the US’ top company CEOs, according to the Business Roundtable, which instead emphasizes the ‘purpose of a corporation’ and a stakeholder-focused model. The influential body – a group of chief executive officers from major US corporations – has stressed the idea of a corporation dropping the age-old notion that corporations function first and foremost to serve their shareholde...
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Aug 13, 2019
What makes an ESG investment is becoming unclear, warns Morningstar
As sustainable investment across Europe continues to grow, investors face a major problem in the form of unclear information about just how investments are adopting ESG metrics, according to a new report published by data and research group Morningstar. In its report: ‘European Sustainable Funds Landscape,’ it identified 2,232 sustainable funds in Europe that state they use ESG criteria or pursue a sustainability-related theme alongside financial return. ...
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