The Magazine of Corporate Responsibility

Tag Archive for ‘Proxy Voting’

Proxy Voting for Sustainability

A sustainability advocate argues that it is illogical – and quite myopic – that many large institutional investors refer to shareholder resolutions on climate change and other material issues as “special interest,” “non-routine” or involving “special circumstances.” The opposite is true, she says: if companies aren’t addressing sustainability they won’t be producing long-term value for their shareholders.

Improve Public Trust: Transform the Nominating Committee

Corporate governance expert Paul Strebel says there’s need for a “fundamental change” in the way board directors are nominated, with members of the nominating committee drawn from a more diverse group of stakeholders than has been the case. “To improve public trust in business, the search for board directors has to extend beyond the world of top executives,” he says.

Proxy Season 2011: Progress or Procrastination?

Reporter James Hyatt says that depending on whom you ask, when it comes to shareholder activism and corporate governance issues this year’s proxy season is a glass half full, a glass half empty, or a glass completely shattered.

Apple Opposes Shareholder Successorship Proposal

The Central Laborers’ Pension Fund has proposed that the company “adopt and disclose a written and detailed succession planning policy.” Apple’s successorship plans are particularly sensitive because Apple CEO Steve Jobs underwent a liver transplant operation in 2009.

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.”