The Magazine of Corporate Responsibility

Tag Archive for ‘House Financial Services Committee’

Senate Bill Changes Rules for Boards, Executive Pay

The bill, which passed the Senate by a vote of 59-39, requires directors to win by majority vote in uncontested elections, gives the SEC authority to grant shareholders proxy access to nominate directors and gives shareholders the right to a nonbinding vote on executive pay. The measure must be reconciled with a House bill.

Opinion: SEC on ESG?

When do you know that ESG (or factoring environmental, social, and governance issues into investment and corporate decisions) has gone mainstream? One signal would be the agenda of last week’s meeting of the Securities and Exchanhe Commission’s Investor Advisory Committee, which included items such as “ESG Disclosure Work Plan” and “Proxy Voting Transparency.”