ComplianceThe week in GRC: More companies alerting DoJ to potential misconduct and stock buybacks keep up pace May 26, 2023Ben Maiden– The Wall Street Journal (paywall) reported that Facebook owner Meta Platforms was fined $1.3 bn by EU regulators for sending user...Read more
ESGShell shareholders vote against climate resolution May 25, 2023Hemma VisavadiaShareholders at Shell have voted against aligning the energy company’s ESG goals with the Paris Climate Agreement, despite persistence...Read more
ShareholdersShell investors urged to vote against energy resolution at AGM May 12, 2023Hemma VisavadiaShareholders of energy conglomerate Shell should vote against the company’s energy-transition resolution at the upcoming AGM,...Read more
ComplianceThe week in GRC: Fink says BlackRock not the ‘environmental police’ and SEC reopens cyber-security rules comment period Mar 17, 2023Ben Maiden– Reuters (paywall) reported that US authorities took emergency measures to protect confidence in the banking system after the failure...Read more
BoardroomThe week in GRC: Peltz ends proxy fight with Disney and Shell directors sued over climate strategy Feb 10, 2023Ben Maiden– Bloomberg (paywall) reported that, according to an analysis by advocacy group Climate Power, companies announced more than 100,000...Read more
EnforcementThe week in GRC: SEC’s Gensler defends climate proposal and DoJ targets executive pay in corporate prosecutions Sep 16, 2022Ben Maiden– Reuters reported that Zendesk investor Light Street Capital Management reaffirmed its decision to vote against the software company’...Read more
ComplianceThe week in GRC: Amazon shareholders reject 15 proposals and SEC targets disclosures by ESG funds May 27, 2022Ben Maiden– Reuters said that, according to people familiar with the matter, Toshiba Corp plans to propose giving two of its major hedge fund...Read more
ComplianceThe week in GRC: SEC member Lee to step down after term ends and new law will require companies to report cyber-attacks Mar 18, 2022Ben Maiden– Reuters reported that Democratic SEC member Allison Herren Lee plans to leave the agency after her term ends in June, but will...Read more
EnforcementThe week in GRC: BlackRock eyes shareholder voting changes and DoJ to focus on white-collar crime victims Mar 04, 2022Ben Maiden– The Wall Street Journal (pay wall) reported that the SEC is seeking more details from companies about their climate risks as it gets...Read more
BoardroomThe week in GRC: US and European activist investors eye UK companies and Kohl’s adopts poison pill Feb 04, 2022Ben Maiden– Reuters reported that Shell began trading with a single line of shares after the UK oil company confirmed the assimilation of its A...Read more