Campaign demands more ‘sustainable’ companies for investors
Netflix and Walt Disney are among the companies targeted by investors calling for more “environmentally friendly” policies.
Chief executives at some of the world's largest companies are receiving letters from investors calling for improved environmental performance.
Coordinated by the campaign group ShareAction, investors with up to $1trn under management have written letters to 15 companies, including brands such as Netflix and Walt Disney telling them that asset managers want to "invest in environment friendly and financially sustainable companies that are prepared for and contributing to the low-carbon economy."
Sophia McNab, project manager at ShareAction, said: "I still hear from some companies that they’ve received no questions from investors on envi
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
Average US CEO pay increases to $21.3m
Bosses in the top 350 US companies have seen their remuneration rise by 14%, with the ratio of CEO pay to average US worker income now 320:1.
-
FTSE 100 rejects idea of employee director to boost worker engagement
A study into compliance with workforce engagement provisions in the UK Corporate Governance Code shows no firms chose an employee director.
-
View from the chair: Sir John Parker
Sir John Parker, chairman of mining giant Anglo American, is calling for broader ethnic diversity in British boardrooms. He tells Dina Medland why.
