Tag: State Street
News round-up: this week in governance
CofE cites ‘disconnect’ in top pay; do purpose statements work?; banks and their governance mentions; Big Three fund managers ‘deferential’.
News round-up: this week in governance
ISS takes aim at Apple over CEO pay; State Street on human rights; £4.7m fine for JD Sports; investors’ “negative response” to interim CFOs.
News round-up: this week in governance
Unilever’s green goals under fire; activists demand board changes; KPMG faces FRC over Carillion; State Street urges clarity on net zero.
News round-up: this week in governance
Tim Martin hits out at Fidelity; Disney appoints its first female chair; the LSE fines Sensyne Health; fund managers may not save the planet.
Progress on ethnic diversity in FTSE 100 boardrooms ‘has stalled’
Research by consultancy Green Park finds just 3.4% of chairs, CEOs and CFOs have ethnic minority backgrounds—the same proportion as in 2014.
‘A systemic risk’: investors demand greater ethnic diversity in boardrooms
State Street’s CEO says ethnic diversity on boards is “material to long-term sustainable returns”. It’s a reminder that businesses do not exist in a vacuum.
Shareholder pressure gets women directors on US boards
Study reveals that recent campaigns by BlackRock, State Street and Vanguard have significantly increased the number of women on US boards.
Culture and intangibles top list of engagement concerns
Letters from State Street and BlackRock’s CEO Larry Fink indicate the emphasis investors now place on corporate culture and intangible assets.