Tag: International Corporate Governance Network
Opposition to dual-class shares resumes
Proposals to lessen the restrictions on dual-class shares are again met with investor protests over board accountability.
SEC votes in new US climate risk disclosure rules
The US regulator-approved rules mean companies must make extensive new disclosure on “material” climate change risks.
US regulator to vote on new climate disclosure rules
The level of materiality in the new regulations from the Securities and Exchange Commission remains to be seen.
Changes to London listings ‘expose investors to undue risk’
FCA proposals will ‘roll back’ governance and mean ‘weaker voting rights’, writes global investor stewardship body.
News round-up: this week in governance
‘More people believe in aliens than know about ESG’; court cases against Shell; ICGN challenge to Japan’s gender diversity targets.
News round-up: this week in governance
Lonely leadership; how governance helps in a crisis; Kerrie Waring to depart ICGN; ESG and competitiveness may not go together
Campaigners challenge M&S over virtual-only AGMs
M&S chair Archie Norman’s Share Your Voice petition would ‘restrict shareholders’ ability to engage’, says The Engagement Appeal.
Hybrid AGMs maximise shareholder participation
Avoid virtual-only annual general meetings: although pragmatic in an emergency, they water down shareholders’ rights.
Investors balk at S&P dual-class shares decision
Representatives of US pension funds are ‘disappointed’ that dual-class structures have been allowed to return to S&P Global Indices.
Shareholder group calls on EU to define corporate sustainability
The ICGN also seeks clarity on what role boards will play in supervising due diligence under the forthcoming EU directive.