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EMEA

“Ambiguous” Rules Restrict French Climate Stewardship

Corporate governance laws are limiting the ability to lodge resolutions, as pressure grows for greater transparency on voting and engagement by asset managers.

French shareholder resolutions on climate themes are being hindered by the country’s corporate governance laws, with the lack of voting clarity from asset managers also presenting obstacles. A recent report from think tank 2° Investing Initiative (2DII) on investor engagement with French firms’ transition plans found that regulations are limiting…

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