Tag: Norges Bank
Academics criticise BlackRock gender diversity research
Its methodology came under fire, with some critics also pointing out it was wrong to focus on the business case for investing in women.
News round-up: this week in governance
EY consultancy split may be back on again; Big Four’s income grows; do we need T-shaped NEDs?; ESG vs anti-ESG
Norges Bank leads investor voting against Exxon and Chevron
The fund seeks to push the companies into speeding up their climate transition plans and acting to cut greenhouse gas emissions.
News round-up: this week in governance
Investors challenge McDonald’s over antibiotic use; Norges Bank’s ESG push criticised; diversity box-ticking; revolt at The Restaurant Group.
News round-up: this week in governance
Toyota faces investor pressure on climate; IIA’s top risk; Shell’s climate battle; Norges Bank takes US to task on ESG; Musk unrepentant; do we need specialist NEDs?
Aviva highlights cost-of-living crisis
Fund calls for ‘mindful’ pay ratios, showing executive pay is now firmly an issue for investors as the cost-of-living crisis bites.
Top fund fires warning shot at ‘laggard’ boards
Norges Bank chief executive warns boards of investor pressure on climate proposals and challenges ‘corporate greed’.
Norges Bank backs mandatory US climate risk reporting
Heavyweight investor’s support boosts Securities and Exchange Commission’s controversial proposed US rules on board ESG disclosures.
Ericsson faces shareholder ire over Iraq investigation
Reports say investors including Cevian and Norges Bank will vote against a resolution to discharge board liability over compliance breaches.
Norges Bank rejects idea of standards for board sustainability skills
“Prescriptive requirements for directors’ ESG expertise will be difficult to implement and may impede board formation,” warns the investor.