Insightia's Proxy Voting Annual Review is out now, providing an in-depth analysis of the voting trends of institutional investors in the 2021 proxy season.
A campaign that sought the removal of Angela Braly from Procter & Gamble’s (P&G) board failed to win the favor of investors at the S&P 500 consumer goods company’s October 12 annual meeting.
Shareholder proposals on human rights at technology companies suggest that investors' expectations are outstripping the slow pace of reform in the industry.
Japanese listed companies will soon be required to report their greenhouse gas emissions and enhance their climate-related disclosure, under new policies developed by the Financial Services Agency (FSA).
BlackRock announced last week that it will allow institutional clients the right to directly control how their shares are voted at shareholder meetings.
In Proxy Monthly's September issue, AllianceBerstein tell us more about their approach towards responsible investing.
Proxy voting adviser Institutional Shareholder Services (ISS) has released the results of its annual global benchmark policy survey and a new survey on climate-related issues ahead of its policy updates for the 2022 proxy season.
Although shareholder proposals concerning plastic pollution are few and far between, support for these resolutions is rapidly growing. In response, the retail and food & drink industries are promptly making commitments to reduce their plastic use, to dissuade investors from taking further action.
Remuneration structures have been subject to increased investor scrutiny in response to COVID-19, but nowhere more so than in Europe.
Hedge funds will be required to disclose how they vote on executive compensation proposals, according to a new rule proposed by the SEC on Wednesday.
It appears that a wider range of U.S. companies will be racial equity audit proposals in the coming months.
Proxy Monthly’s September 2021 edition explores how shareholders are responding to European compensations structures that fail to align with broader stakeholder experiences.
Vanguard’s support for environmental and social (E&S) shareholder proposals in the first half of 2021 more than doubled from the same period last year, according to the investment giant’s semi-annual report.
Concerns about the fate of individual directors in the path of the ESG juggernaut have been heightened after a director targeted by a group of environmental activists declined to stand for re-election.
In episode 71 of the Activist Insight Podcast, I join podcast host Kieran Poole to discuss the September issue of Proxy Monthly magazine.
John Chevedden’s shareholder proposal, seeking the right to act by written consent, won majority support for the second consecutive year at NetApp’s September 10 annual meeting.
The world of investor engagement may be subject to a dramatic shift, as retail investors will soon be provided with new ways by which to vote proxies and engage with portfolio companies.
Boards are utilizing controversial tactics to dissuade investors from supporting popular shareholder proposals according to their proponents.
In the August 2021 edition of Proxy Monthly, I speak to Andrew Behar, CEO of As You Sow.
The Securities and Exchange Commission (SEC) denied Fox’s request to omit a shareholder proposal from its proxy statement, seeking disclosure of the company’s lobbying payments.
Despite being few in number, environmental- and social-focused shareholder proposals have proven especially successful this year at Canadian companies in the oil and gas and finance sectors.
Proxy Monthly’s August 2021 edition explores the rise of E&S shareholder proposals in Canada and features an interview with Andrew Behar, CEO of As You Sow.
Climate Action 100+ investor signatories called on the food and beverage industry to accelerate engagement with emissions reduction strategies.
U.S.-listed companies are adopting shorter poison pills, to keep shareholder dissent at bay, but triggering thresholds are being set at “concerning” lows.
In episode 70 of the Activist Insight Podcast, I join podcast host Kieran Poole to discuss the August issue of Proxy Monthly magazine, as well as the ten wildest activist campaigns of the year so far.
Robinhood Markets agreed to buy proxy voting services provider Say Technologies for $140 million, with the goal of boosting retail investor engagement with portfolio companies.
An interview with Michael Hugman, director, climate finance at the Children's Investment Fund Foundation (CIFF).
The Australasian Center for Corporate Responsibility (ACCR) refiled a shareholder proposal at BHP Group on Friday.
Director support among U.S.-listed companies is dropping this year as investors expect boards to accelerate their diversity commitments for not only gender, but also racial and ethnic diversity. Average support for director elections at S&P 500 companies dropped to 96.1% in the first half of 2021, and a similar decline has also been exhibited in the U.K.
Proxy Monthly's July issue is out now!
The Financial Conduct Authority (FCA) launched a consultation on Wednesday, seeking perspectives on new listing rules recommending U.K. companies feature a minimum of 40% female representation on their boards.
Taken from Insightia’s ‘Activism and Voting this Week’ newsletter. Despite being few in number, environmental-focused shareholder proposals at carbon-intensive Australian companies have proved especially successful this year, suggesting a broader array of ASX-listed companies will be under pressure to disclose steps taken to mitigate climate risk when proxy season kicks off later this year. Average support for the four environmental shareholder proposals subject to a vote this year more than doubled to 73.2%, compared with 15 proposals winning… Continue reading Voting this Week – July 30, ’21
Taken from Activist Insight Online's half-year review 2021. With global warming blamed for floods in Europe and heatwaves in America, shareholder support for environmental proposals at annual meetings is soaring. As seen with Engine No. 1’s recent win at Exxon Mobil, investor engagements with oil and gas companies this year have been especially successful. Average… Continue reading Embracing Diversity
AGL Energy has committed to providing shareholders with annual advisory “say on climate” votes at the 2022 annual meetings of its proposed demerger companies, following pressure from the Australasian Center for Corporate Responsibility.
Oppositionn to European “say on pay” proposals is on the up, as shareholders closely scrutinize companies that have failed to take into consideration the impact of the pandemic.
Sustainability nonprofit Ceres wants S&P 100 companies to go further lobbying governments for climate-friendly policies.
Investors are seemingly unanimous that Scope 3 emissions disclosure and target-setting is vital for companies in carbon-intensive sectors, but the consensus for companies in sectors less susceptible to climate risk is unclear.
Compensation has been subject to increased investor controversy in the wake of COVID-19. As of June 18 2021, 54 “say on pay” proposals at U.S.-listed companies failed to gain majority support, compared to 45 in the same period in 2020.
of England, is seeking comments from stakeholders on plans to improve diversity and inclusion among U.K.-listed companies.
Although leading fund managers are supporting an increased number of shareholder proposals seeking lobbying disclosure this year, they are also failing to hold companies in carbon-intensive sectors accountable to the same degree as other industries.
An interview with Robert Walker, global co-head of asset stewardship, State Street Global Advisors (SSGA).
t has been a record-breaking proxy season for shareholder proposals seeking corporate lobbying disclosure, according to recent findings by the Center for Political Accountability (CPA).
A record number of shareholder proposals concerning investors’ rights went to a vote this proxy season and won impressive levels of support, spurred on by the continued absence of physical shareholder meetings.
Following pressure from investors, the new SEC leadership has announced multiple revisions in its approach toward ESG this year.
The pressure on Japanese-listed companies to engage with Paris Agreement goals is heating up, with Mitsubishi UFJ Financial Group being the latest company to be targeted with an environmental shareholder proposal at its upcoming AGM.
Shareholder proposals seeking environmental reporting have become more nuanced this year, calling for specific information tailored to sustainability issues such as plastic pollution, deforestation, and climate lobbying.
Proxy Monthly's June 2021 edition examines the Securities and Exchange Commission's (SEC) revised approach towards no-action letters and features an interview with Robert Walker, global co-head of asset stewardship at State Street Global Advisors (SSGA).
In episode 65 of The Activist Insight Podcast, I join podcast host Kieran Poole to discuss the June issue of Proxy Monthly magazine.