Paul Verney
Head of RI at UK pension pool stressed the need to ‘flip the narrative’ on investing in hard-to-abate sectors but called for guardrails.
Verena Ross responds to challenge on lack of ‘market signals’, telling RI Europe actions will come but national supervisors still on learning curve.
Signs of a slight bounce on environmental and social requests; negligible support for anti-ESG proposals falls further; growing interest in governance issues.
LGIM and AkademikerPension call for trade associations reviews at Nippon Steel and Toyota, as proxy season ramps up in Japan.
Investment team respondents report tensions at substantially higher levels than stewardship peers.
Responsible Investor’s polling finds investors split on the power of engagement and hints at an increasing role for investment teams.
Shift follows French oil major's statement that chair/CEO did not participate in 'unanimous' vote on split roles.
Investment giant raises concerns around increasing focus on ‘sustainability outcomes’.
Influential proxy adviser recommends vote against former State Street CEO Hooley over Exxon’s ‘unusual and aggressive tactics’.
Analysis of 2024 proxy season by Shareholder Rights Group also shows 55% jump in number of corporate 'no action' requests.