Shareholders of The Walt Disney Company will vote on proposals regarding two governance issues in the spotlight – lobbying activities and board composition – at the upcoming annual meeting.
Multiple co-filers intend to present a proposal, which the board opposes, requesting full disclosure of Disney’s direct and indirect lobbying activities and expenditures to assess whether this is consistent with the company’s goals and in the best interests of shareholder...
ESG Monthly archive
Founded just over 20 years ago, CDP has grown and evolved to become a key part of the sustainable reporting ecosystem. In the early days, just a couple of hundred companies responded to its questionnaire on carbon emissions. Today, the organization collects information on climate change, deforestation and water security from nearly 10,000 businesses worldwide.
Last year saw further developments when CDP released a joint statement with four other organizations – th...
IR Magazine's Jeff Cossette talks to Patrick Mitchell, managing partner at market intelligence firm Investor Update, about the rapidly growing focus on ESG among investors, and the implications for companies, IR teams and access to capital.
Listen to the podcast recording below >
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The mining sector has traditionally been male-dominated in western markets, and perhaps even more so in Russia. Maria Lodkina, a young audit manager at accounting firm EY, didn’t think about that too much in November 2013 when she decided the time had come to turn the corner in her career and responded to an interview invitation from the gold-mining company Polymetal International in her native St Petersburg, Russia.
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Nasdaq’s efforts to promote diversity on boards has received support from a variety of constituencies, with a number of commenters approving of its ‘comply-or-explain’ approach.
The exchange operator last month filed a proposal with the SEC to adopt new listing rules that would require companies to have – or explain why they do not have – at least two diverse directors, including one wh...
When EY published its recent report, Six priorities for boards in 2021, it spoke of organizations ‘evaluating every aspect of their business’ following a year of global ‘upheaval’. But while it identifies six distinct areas of focus, each really falls under the scope of ESG and demonstrating the long-term resilience of the company.
EY’s six areas of board...
State Street Global Advisors (SSGA) is ramping up the pressure for improved diversity and inclusion disclosures as part of its 2021 proxy voting and engagement plans.
In a letter to board members this week, SSGA CEO Cyrus Taraporevala announced proxy voting practices intended to make sure that companies are transparent about the racial and ethnic composition of their boards and workforces. According to these practices:
In 2021 SSGA will vote against the...
In what it describes as ‘a sign of the growing appeal of climate resolutions for mainstream investors’, responsible investment NGO ShareAction says its latest resolution – calling for HSBC to publish a strategy and targets to reduce its exposure to fossil fuels – has gained the support of investors with $2.4 tn in assets under management.
Fifteen institutional investors, including Amundi, Europe’s largest asset manager, Man Group, the world’s largest pub...
‘PepsiCo is a poster child for what people are trying to do’ in terms of ESG reporting, says one of the Corporate Secretary judges. It’s a rapidly evolving field of endeavor for governance teams and their colleagues and one in which our winner has shown dedication to disclosing useful information in an accessible way across several avenues.
PepsiCo in June 2020 published its sustainability report in a new format: all-digital and embedded for the first time on ...