November 4, 2021
The U.S. Securities and Exchange Commission on Wednesday published new staff guidance that may make it harder for corporations to keep shareholder proposals on matters like workforce diversity or climate from being voted on at annual meetings. The new bulletins …
July 27, 2021
Corporate diversity has become the most common type of sustainability metric used in setting executive pay, a new study found, as companies look to increase the share of women and minorities in their workforces. Among 61 metrics used by Fortune …
June 8, 2021
A group of 50 investors managing more than $4.5 trillion in assets is calling on companies involved in the development and use of facial recognition technology, such as Amazon and Facebook, to do so in an ethical way. The investor …
April 28, 2021
The world’s banks, asset managers and insurers should provide more information to investors about the greenhouse gas emissions from the activities they finance, a group that tracks emissions data said on Wednesday. CDP, which maintains a system used by hundreds …
March 18, 2021
With Democrats at the helm, the U.S. securities regulator is pledging to crack down on companies and funds that mislead investors over climate change risks, but that may be easier said than done, more than a dozen attorneys and former …
February 17, 2021
Even women who make it to the top ranks of U.S. corporations face a persistent pay gap compared with men in leadership roles, a new study of corporate filings found. Among companies in the Russell 3000 index, covering most of …
October 16, 2020
More data disclosure will help investors, employees and customers judge the pledges many American companies have made to diversify their workforces and boardrooms, activists and analysts said on Tuesday. Companies should release specific information such as on the racial backgrounds …
July 6, 2020
American companies are coming under increasing pressure from investors to publicly disclose information about diversity among employees in the wake of nationwide protests against racial discrimination. Many executives have pledged to champion equality in response to the Black Lives Matter …
October 9, 2019
The far-reaching impacts of climate change on companies have investors pressing corporate leaders for action to minimize environmental damage and to maximize disclosure of risks to their businesses. The threats range from more frequent floods or wildfires that imperil major …
May 22, 2019
American International Group Inc. said shareholders approved a $21 million pay package for Chief Executive Officer Brian Duperreault by only a narrow margin during the company’s annual meeting on Tuesday. A non-binding resolution to endorse the firm’s executive compensation received …