Governance and stewardship news

Shareholders at both McDonald’s and Exxon Mobil have voted against key ESG-related proposals at recent annual general meetings, despite prominent campaigns by institutional investors.

The Asia Investor Group on Climate Change (AIGCC) has released a report to demonstrate how to effectively manage nature-related risks.

ExxonMobil's shareholders have released plans to vote against the company’s board of directors in response to its lawsuit against climate activist investors.

The Institutional Investors Group on Climate Change (IIGCC) has published guidance on incorporating sovereign bonds into a net zero investment strategy.

Institutional investors and shareholder advocacy firms across the world are increasingly calling for more action from energy companies in response to the climate challenge but the responsiveness of boardrooms remains tentative and varied.

Competition Bureau Canada has begun an investigation into lululemon over allegations of greenwashing.

Oklahoma Attorney General Gentner Drummond has fired the Treasurer-appointed legal counsel on the state’s anti-ESG law case.

Businesses incorporating the UN’s Sustainable Development Goals (SDGs) into their operations will see significant benefits, according to a new report.

A high-stakes shareholder fight has broken out at Germany’s fintech brokerage flatexDEGIRO AG. After a flurry of senior management changes, twenty percent shareholder, GfBk is demanding the removal of supervisory board chair Martin Kombacher at the conclusion of the virtual AGM scheduled for June 4, 2024.

The majority of CEOs are prioritising delivering on their sustainability journey but face challenges from the broader economic market.

The Council of Institutional Investors (CII) has invited members to comment on its proposal calling for dual-class companies to provide vote results on a class-by-class basis.