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Voting & engagement

The latest developments in sustainable finance: CalPERS to vote against Musk’s pay package at Tesla AGM; Morningstar Sustainalytics overhauls ESG risk ratings.
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French asset manager also ramps up sustainability assurance expectations as part of voting policy as mandatory disclosures come into force.
The latest developments in sustainable finance: UK investors call for higher ambition in transition plans; only 29 percent of companies prepared for ESG data assurance, finds KPMG.
Signs of a slight bounce on environmental and social requests; negligible support for anti-ESG proposals falls further; growing interest in governance issues.
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Stakeholders are waiting on regulatory guidance to flesh out the impact of the rule changes.
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.
Lack of designated lead investors prompts diverse approaches as work gets underway on landmark collaborative engagement scheme.
The latest developments in sustainable finance: Exxon shareholders re-elect board directors; Swedish government votes to adopt CSRD bill.
Responsible Investor’s polling finds investors split on the power of engagement and hints at an increasing role for investment teams.
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