May 24, 2021
As the May 26th election for Exxon’s 12 directors approaches, top asset manager BlackRock (BLK.N) could determine the outcome of a proxy fight between Exxon Mobil (XOM.N) and a hedge fund seeking to reshape the oil giant's board and future direction, including setting a course to limit global warming to below 2 degrees Celsius by 2050.
May 19, 2021
Institutional Shareholder Services Inc (ISS) is encouraging Amazon.com Inc. investors to vote in favor of an independent racial audit of the world’s largest online retailer, including its impacts on civil rights, equity, diversity and inclusion, and how those issues affect Amazon’s business.
May 17, 2021
Following the Trump ban decision, many similarities have been revealed between the Facebook Oversight Board to an international human rights tribunal, such as the European Court of Human Rights, potentially impacting set standards and due diligence for social media companies in the future.
May 11, 2021
The Security and Exchange Commission (SEC) has recently signaled that climate issues are a priority going forward, including in establishing it’s 2021 examination priorities; which include an enhanced focus on climate-related and environmental, social, and governance (ESG) issues and the creation of a Climate and ESG Task Force.
May 04, 2021
On Earth Day 2021 two separate initiatives were announced that will likely to increase the pressure on boards to recognize climate as a significant enterprise risk and to more closely monitor management’s engagement on climate matters including President Biden’s commitment that the United States would reduce its greenhouse gas emissions by at least 50% by the end of the decade.
April 19, 2021
Facebook’s oversight board has announced that it will begin letting individual users file appeals over posts, photos, and videos that they think the company should not allow on its platforms.
April 14, 2021
Top CEOs and executives from businesses including Levi Strauss, LinkedIn and Delta met over a ZOOM summit to discuss a plan to get tougher on state legislators over new voting restrictions by withdrawing campaign contributions and retracting investments.
April 12, 2021
Environmental, Social and Governance (ESG) issues become a strategic pillar in a growing number of companies, PwC, along with the London School of Economics has created a report on the benefits and potential negatives of paying executives based on ESG performance.
April 07, 2021
JDSupra has published a paper describing the significant rise of ESG litigation in Europe over the last decade as well as the causes of the recent spike in the EU and UK.
April 05, 2021
Companies increasingly weigh the risk of doing business with Beijing as public concern mounts over human rights violations in the Chinese region of Xinjiang.