Tag: Norway
Shareholder showdown looms for Elon Musk
Tesla’s investors will vote on $56m pay deal this week, with Norges Bank’s fund already declaring its opposition.
Norges Bank reinforces ESG standpoint
CEO Nicolai Tangen underlines that caring about companies’ environmental impact makes for ‘good long-term investing’.
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.
What the world can learn from Nordic boards
Proactive, engaged and democratic, corporate boards in Nordic countries are well-placed to deal with today’s complex operating environments.
News round-up: this week in governance
Tory leadership contest; Grant Thornton fined; Norwegian insider dealing; virtual AGMs; US environmental disclosures; diversity at Amazon.
NBIM set to publish voting intentions five days before company AGMs
The Norwegian sovereign wealth fund cites greater transparency as the motive for the policy change, after an earlier pledge to publish voting rationales.
Investors call for mandatory human rights due diligence
Some of world’s biggest asset managers, including Aviva, Federated Hermes and Robeco, have signed up to the Investor Alliance for Human Rights.
Norway pushes for mandatory human rights due diligence
Draft act imposes a duty for firms to know the “salient risks” to human rights in direct operations and provides a “right to information” about any impact.
Norges Bank excludes G4S from portfolio over human rights concerns
An investigation by the bank, which invests Norway’s oil revenues, revealed G4S had “behaved in a manner which is at the limit of, or outside, accepted norms” with regard to its treatment of migrant workers in Qatar and UAE.