ESGSSGA to get tough with boards lagging on ESG Feb 05, 2020Ben MaidenState Street Global Advisors (SSGA) is running out of patience with boards that are not taking account of important ESG issues. In a...Read more
BoardroomThe week in GRC: Goldman Sachs wants IPO-stage board diversity, and Xerox to nominate new HP board Jan 24, 2020Ben Maiden– The Guardian reported that Sainsbury’s, Lego and H&M are among the companies to make a CDP-produced list of companies deemed to...Read more
ESGOpinion: How companies should interpret Larry Fink’s letter Jan 22, 2020Mike WallaceRather than getting caught up in a debate over fiduciary duty or whether or not sustainability or ESG performance is material, let’s...Read more
ComplianceThe week in GRC: Harley-Davidson plans to adopt proxy access, and SEC’s Jackson to step down Jan 17, 2020Ben Maiden– Reuters reported that the US Department of Labor has made it tougher for employees of fast-food restaurants or other big franchises...Read more
ESGBlackRock signals renewed climate focus Jan 15, 2020Ben MaidenBlackRock has this week made major announcements highlighting renewed efforts to integrate climate change into its investment process...Read more
ComplianceThe week in GRC: SEC releases 2020 exam targets, and banks weigh ESG risks when lending Jan 10, 2020Ben Maiden– Bloomberg reported that Hudson’s Bay Co minority shareholders including Catalyst Capital Group won a battle to obtain a higher price...Read more
ComplianceThe week in GRC: Investors challenge SEC on proxy adviser guidance, and FINRA releases exam findings Oct 18, 2019Ben Maiden– CNN reported that Boeing’s board of directors voted on October 11 to remove CEO Dennis Muilenburg’s role as chair. The board said...Read more
BoardroomThe week in GRC: Vanguard steps up board diversity push, and BlackRock increases opposition to CEO overboarding Aug 30, 2019Ben Maiden– The Guardian reported that a group of more than 30 US corporate leaders – including the heads of outdoor clothing brand Patagonia,...Read more
ShareholdersThe week in GRC: TCFD says climate disclosures lagging, and NY Fed president eyes Wall Street culture Jun 07, 2019Ben Maiden– The Wall Street Journal said that, according to people familiar with the matter, the US Department of Justice (DoJ) is preparing for...Read more
ESGInvestors underpricing impact of climate-related risks, BlackRock warns Apr 11, 2019Andrew HoltBlackRock has warned that investors are underpricing the impact of climate-related risks and need to rethink their assessment of asset...Read more