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Showing 11 - 20 of 122 results for "proxy voting"

Glass Lewis acquires investment stewardship platform

MATTHEW WAI  |  MONDAY, 17 MAR 2025  |  NEWS
... strategy to more holistically serve clients in markets like Europe and Australia where the combination of informed proxy voting and issuer engagement is integral to investors' stewardship efforts, it said. The acquisition follows a three-year partnership ...

SSGA abandons gender diversity targets

KARREN VERGARA  |  MONDAY, 10 MAR 2025  |  NEWS
... manager ditched these expectations in its March Summary of Material Changes to State Street Global Advisors' 2025 Proxy Voting and Engagement Policy. SSGA said it recognises that many factors may influence board composition, including board size, geographic ...

BlackRock ditches diversity targets, drops hiring mandates

ANDREW MCKEAN  |  MONDAY, 3 MAR 2025  |  NEWS
... business priorities and long-term objectives. FS Sustainability previously reported that BlackRock watered down its proxy voting guidelines for 2025, ditching its 30% gender balance target in favour of a request for companies to simply explain how diversity ...

Investors still drawn to DEI

ROSE MARY PETRASS  |  MONDAY, 17 FEB 2025  |  NEWS
... assisting them with initial public offerings (IPOs). BlackRock, the world's largest asset manager, revised its proxy voting guidelines for 2025, from 30% gender balance to a suggestion that investible companies explain how diversity is integrated ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025  |  NEWS
... gives special consideration to environmental factors," he said. BlackRock has agreed to increase its disclosure of proxy voting practices and implement compliance measures, including audits by a third-party service to monitor adherence to the agreement's ...

World Bank exit policy gets thumbs up from local experts

ROSE MARY PETRASS  |  THURSDAY, 21 NOV 2024  |  NEWS
... proactively. This could be either directly, or in collaboration with other stakeholders. Financiers can also use proxy voting rights, and support shareholder resolutions where appropriate. "Financiers do have leverage to bring to the table," she said. ...

Northern Trust firms up stewardship, proxy voting offering

ROSE MARY PETRASS  |  FRIDAY, 9 AUG 2024  |  NEWS
... trillion global asset manager has poached a stewardship head from rival UBS Asset Management, who will chair the proxy voting committee amid a rollout of a new proxy voting solution. Paul Clark is an investment management expert with over 35 years of ...

Proxy voting targets DEI and pay

ROSE MARY PETRASS  |  MONDAY, 29 APR 2024  |  NEWS
Diversity, equity, and inclusion (DEI) has joined executive remuneration packages as top of mind in proxy voting this year. According to data compiled by the international equity team at Morgan Stanley Investment Management, shareholder proposals related ...

Podcast: Divestment, impact, and all that good stuff with Sharon Davis of Future Super

THE GREENER WAY  |  TUESDAY, 16 APR 2024  |  NEWS
... investment with a focus on clean energy and social impact projects. The pair chat impact investing, stewardship (proxy voting and engagements), and how to approach divesting from fossil fuels while at the same time ensuring the fiduciary duty of long-term ...

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
... increasingly focusing on climate. Banks and asset management firms are facing pressure to publicly disclose their proxy voting records on climate-related shareholder resolutions. BlackRock, Goldman Sachs, JPMorgan Chase & Co, Northern Trust Corp and ...