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Updated Voting Guidelines Turn Up Heat on Virtual AGMs

Success of HSBC, Tesco resolutions show ability of investors to drive change. 

The UK’s Pension and Lifetime Savings Association (PLSA) has updated its Voting Guidelines in order to ensure shareholder voting in annual general meetings (AGMs) is undisrupted by the ongoing pandemic lockdown restrictions. The PLSA has also strengthened guidance on climate change, saying member schemes may wish to vote against companies…

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