NBIM divested from 86 companies in 2023 over ESG concerns
Norges Bank Investment Management (NBIM) has stepped up its climate plans and expects its portfolio companies to follow suit as it...
Shareholders & activism archive
Amazon looks to exclude shareholder proposal seeking ‘living wage report’
Amazon.com has asked the SEC for the green light to omit a shareholder proposal asking the company to produce a ‘living wage...
Activism: Collective voting power of retail shareholders could sway contested votes
In early 2021, individual investors – including many amateurs – got together on Reddit and other social media platforms to buy...
Tesla and GM face deep-sea mining shareholder proposals
Shareholder advocacy group As You Sow has filed proposals at Tesla and General Motors (GM) asking them to address concerns about...
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The week in GRC: SDNY launches whistleblower pilot program and Oregon pushes companies to stop thwarting shareholder activists
– The Financial Times (paywall) reported that according to a report by Lazard, companies faced a record number of attacks from...
Apple and Disney face shareholder proposals on AI
Apple and The Walt Disney Company are set to face votes at their 2024 AGMs on their use of AI after the SEC denied their requests...
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The week in GRC: Investor backs Disney in proxy battle and political polarization worries US business leaders in 2024
– The Wall Street Journal (paywall) reported that The Walt Disney Company won the support of a key shareholder in its fight with...
The week in GRC: DoJ official defends use of corporate settlements and Trian announces nominees to Disney’s board
– The Wall Street Journal (paywall) reported that the SEC is asking investment advisers how they use and oversee artificial...
Activism: ‘Mixed year’ comes to a close with rise in small-cap campaigns
Shareholder activists have seemingly found greater success with smaller-cap campaigns than when targeting mid and large-cap firms...
‘Like watching paint dry’: Buyback announcements slowest in years despite surprises from Snap, Bumble and Ferrari
Monitoring the market for share buybacks in 2023 has been likened to ‘watching paint dry’, as even the Q3 earnings season failed...
