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134 people dead, but ‘we’re still invested’
In 2015, 19 people died in a human rights disaster. One fund firm said engagement would prevent it happening again. In 2019, it did, killing 134 people. So why are they still invested?
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Axa IM explains its 2,275 votes against companies
Remuneration and board issues were the top reasons for voting against a company’s management team
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Investors to benefit from human rights data deal
Data provided by Swiss firm RepRisk will assess the human rights approaches of 110,000 private and public companies
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Sovereign debt governance levels plummet
A new study by Insight Investment found governance standards at sovereign debt issuers are falling
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Investors tell firms to stamp out slavery
Investors, regulators and financial institutions have lost patience with companies turning a blind eye to issues in their supply chains
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Consultants welcome trustees’ ESG U-turn
Pension trustees are thinking differently about the relationship between ESG and their fiduciary responsibilities
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Legg Mason pays $71m to settle Libya bribery case
Global investment manager involved in scheme to secure investments from Libyan officials
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Investor activism fails to curb FTSE pay inequality
Investor activism and the planned introduction of a pay ratio has had little effect on curbing the excessive pay of FTSE 100 executives, a report has found.
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Schroders ignites ‘fast and loose’ governance concerns
A Schroder family member with little City experience could be appointed to the board.
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Trade group launches “How to incorporate ESG” guide
The US Forum for Sustainable and Responsible Investment (USSIF) has released a best practice guide for asset managers and discretionary fund managers on incorporating ESG principles into investment strategies.
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Schroders calls for lobbying changes after Google vote
Schroders has called on companies to be more transparent on the amount they spend on lobbying governments and influencing policymakers and to outline their reasons for doing so.
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SSGA calls for German governance changes
State Street Global Advisors has called for a change to the German Corporate Governance Code, claiming that the existing rules make it too easy for companies to protect underperforming executives.
