The Department of Labor unveiled Friday a more principles-based final rule on proxy voting that did away with requirements in the proposed version requiring ERISA-governed fiduciaries to cast proxy votes any time the matter being voted on would have an economic impact on the plan but also only cast votes when there is an economic impact on the retirement plan...
The continuing impact of the COVID-19 pandemic has made systemic ESG shifts more tangible, Moody's Investors Service said Thursday in its quarterly ESG Focus report...
When it comes to executive compensation issues at the corporations in CalPERS' portfolio, pension fund officials have made corporate board member actions personal...
Activist investor campaigns at public companies were up globally in the first half of 2020, but they have been less successful than in years past, a report Monday from CGLytics shows...
ESG disclosure issues were the leading topic in T. Rowe Price Group's corporate engagement activity in 2019, the asset manager said in a report released Monday...
J.P. Morgan Chase & Co. will replace lead independent director Lee R. Raymond in a few months, the company said in a supplemental proxy statement filed May 1 with the Securities and Exchange Commission...
Fearless Girl is proving to be much more than an eye-catching statue in front of the New York Stock Exchange...
CalPERS in August became one of the latest institutional investors to alter its governance model when its board instituted sweeping changes, including reducing the number of committee and board meetings, and stripping its investment committee's decision-making power...
Many companies have voluntarily adopted corporate governance best practices contained in CII's policies in response to shareholder proposals...
Timothy M. Doyle, vice president of policy and general counsel for the American Council for Capital Formation, a corporate governance advocate in ...
... and work this out," said Darla Stuckey, president and CEO of the Society of Corporate Governance , which represents about 1,000 public companies...
The risk factors to which CalSTRS' staff referred in the pension fund's environmental, social and governance policy included "respect for human rights ...
Kirsty Jenkinson will be joining the $229.2 billion California State Teachers' Retirement System as director of corporate governance , replacing Anne ...
CalPERS voted against 438 directors at 141 companies based on the ... diversity, said Simiso Nzima, investment director, corporate governance...
"The irony is that many of the companies on the NAM board are active ... a portfolio manager in corporate governance at the $228 billion CalSTRS, ...
It's seeking out companies that prioritize transparency, good governance ... The rating considers such factors as a company's risk management and ...
... sustainability reports were supported by a majority of shareholders at the company's annual meeting Wednesday, said a news release from Ceres, ...
... was not very impressive," said Tracy Stewart, senior corporate governance analyst at the FBSA, in an email on the pension fund's say-on-pay vote.
"Our resolution asked how these very real concerns are being incorporated into corporate governance policies on executive compensation and, importantly, if these policies and practices are consistent with our company's stated mission of 'providing access to prescription medicines at fair prices,'" said ...
After the company provided revised corporate governance guidelines, the pension fund withdrew its shareholder resolution in mid-February. The guidelines include the statement: "The board believes that its membership should continue to reflect a diversity of gender, race, ethnicity, age, sexual ...
"It is an area where I would say really good lawyering and good corporate governance is necessary." Ms. Walter also asked Mr. Clayton to explain more about the SEC's initiative to address the different standards of conduct for investment advisers and broker-dealers. Mr. Clayton said it has become ...
"Research continues to strongly support the business case for gender equality in the workplace," said Maureen O'Brien, vice president and director of corporate governance at Segal Marco in a news release Wednesday. "A study last year of 222 companies by LeanIn.org and McKinsey showed company ...
Morrow Sodali is a global consulting firm that specializes in shareholder services, corporate governance , proxy solicitation and capital markets transactions. The survey results also showed that 93% of respondents integrated environmental, social and governance considerations into investment ...
Nearly two-thirds of companies served with challenges to corporate governance by the New York City Retirement Systems agreed during the 2017 proxy season to make changes and avoid a proxy fight, said a report Tuesday by Scott Stringer, New York City comptroller and fiduciary for the five pension ...