The Corporate Governance World in 2019 (from ISS Analytics Governance Insights. Jan 22, 2019)
Board Gender Diversity: Pressure from investors has led to a decline in the number of all-male boards to an all-time low, and that trend is expected to continue in 2019. Shareholder interest in greater board diversity is not unrelated to broader societal concerns about sexual harassment and gender parity in the workplace, but also reflects the belief that diverse boards perform better and are less prone to groupthink.
Shareholder Engagement Brings Microsoft into Leadership Position on Prison Labor
NorthStar Asset Management, Inc., a socially responsible investment firm based in Boston, announced that it has reached a groundbreaking agreement with tech giant Microsoft regarding its policy on prison labor.
WSJ Shell Links Pay Emissions
New Climate Risk Disclosure Act Would Ensure Investors and Public Have Information on How Companies Are Planning for Low-Carbon
WASHINGTON (September 17, 2018)—Sen. Elizabeth Warren (D-Mass.) introduced a bill with seven co-sponsors today that would require financial, insurance and fossil fuel companies to disclose climate-related risks in their annual Securities and Exchange Commission (SEC) reporting. The bill would require companies to identify the risks they face—and how they plan to address them—as the global economy transitions to clean energy.