Insights for Institutional Investors I Minerva Blog

Florida passes anti-ESG bill

4 May 2023

Woodside Energy withstands investor unrest at AGM

2 May 2023

Woodside Energy has withstood investor backlash against inadequate climate policies at this year’s AGM.

BAT fined $629M for North Korea sanction breaches

28 April 2023

Cigarette maker British American Tobacco (BAT) has paid penalties totalling more than $629 million (£503.5 million) to US authorities to settle charges related to breaches of sanctions against North Korea.

Three trends in shareholder proposals at US AGMs

28 April 2023

With the 2023 proxy season well underway, it is looking like it could be another record-breaking year for environmental, social and governance (ESG) shareholder proposals.

EU adds financial services to due diligence proposal

27 April 2023

Proposed legislation will hold financial services firms based in or operating in the EU accountable for human rights and environmental violations in their value chain.

BP shareholders demand tighter climate policy

26 April 2023

Charity watchdog overhauls investment guidelines

21 April 2023

The UK’s charities regulator has scrapped words such as “ethical” and “responsible” from its investment guidelines in a major overhaul designed to modernise its advice for non-profits.

European Commission updates SFDR guidance

20 April 2023

The European Commission (EC) has amended guidance to clarify how to interpret the Sustainable Financial Disclosure Regulation (SFDR).

Amazon sets record for shareholder proposals

18 April 2023

Amazon shareholder proposals have hit a record number for the second consecutive year as ESG investors demand greater transparency

Investor groups to pressure Japan banks on climate change

14 April 2023

Japan’s three largest banks are facing pressure from shareholder groups over climate change policies that the groups claim “lack credibility”.

Pilot test shows TNFD requires further guidance

13 April 2023

FCA delays introduction of SDR

12 April 2023

The Financial Conduct Authority (FCA) has postponed the introduction of rules aimed at eradicating greenwashing across the UK’s asset management sector.

New US coalition demands right to invest responsibly

12 April 2023

A coalition of more than 300 investors and companies has urged US policymakers to protect their freedom to invest responsibly.

GII provides false solutions says feminist group

6 April 2023

Santos faces shareholder pressure ahead of AGM

4 April 2023

Santos Ltd holds its 2023 AGM on 6 April and has faced shareholder criticism over its climate ambitions and executive remuneration.

HSBC added to Texas’ banned list over fossil fuel policy

31 March 2023

Governance and stewardship news

Wise faces shareholder lawsuit soon after controversial US shift