Canadian pension scheme demands sunset clauses from portfolio companies.
Directors urged to integrate climate risks and opportunities into their governance roles.
Just 22% seats filled by ethnic minority individuals; 55% of companies have no non-white directors.
All directors will face greater scrutiny of their firms’ climate strategies, says Melanie Wadsworth, corporate partner at Faegre Drinker.
Luke Hildyard, Director of the High Pay Centre, says adoption of stakeholder-orientated cultures would improve decision-making as well as reducing wage disparities.
Institutional investors call for board-level representation in line with Parker Review.
Amended corporate governance code and listing rules will require firms to ensure board independence, refreshment, and diversity from January 2022.
New ISS report reveals that the number of climate-related shareholder resolutions in the US Proxy Voting season soared this year.
As Hong Kong corporates become more international in profile and investor base, HKEX Head of Listings Bonnie Chan says their board diversity...
Firms encouraged to address “compulsive homogeneity”, but investor influence for change limited by own challenges.
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