August 31, 2023
More than 30 investors have called on proxy advisor ISS to improve the guidance it gives to clients wanting companies to decarbonize faster, saying its policies had failed to keep pace with rising climate change risks. Institutional Shareholder Services (ISS) …
April 22, 2022
Norges Bank Investment Management, one of the main institutional investors in Generali GASI.MI, backs the reappointment of CEO Philippe Donnet, a proxy voting record on the website of the company running Norway’s sovereign wealth fund showed. Shareholders in Italy’s biggest …
April 14, 2022
Swiss Re shareholders re-elected Sergio Ermotti as chair, the company said on Wednesday, despite a recommendation by proxy adviser Institutional Shareholder Services (ISS) to vote against him over a lack of gender diversity. Ermotti won 79% of the vote in …
April 13, 2022
Proxy advisers Glass Lewis and ISS have recommended Credit Suisse’s shareholders vote against discharging the bank’s board and management from liability for the 2020 financial year at its annual general meeting on April 29. Glass Lewis said in a report …
April 11, 2022
Leading investor advisers have recommended shareholders at Generali back the proposal by the Italian insurer’s outgoing board to hand CEO Philippe Donnet another term at the helm, documents showed on Saturday. In reports issued by Institutional Shareholder Services (ISS) and …
November 2, 2021
Corporate governance and investor data firm Institutional Shareholder Services Inc. said it has agreed to acquire Discovery Data, Inc., which provides data and analytics to the asset management, insurance and other financial services industries. No terms were disclosed. Based in …
October 15, 2021
The National Association of Manufacturers (NAM), a business group, sued the U.S. securities regulator on Wednesday for refusing to enforce a Trump-era rule reining-in companies that advise investors on how to vote in corporate elections. Last year, the Securities and …
September 3, 2020
Proxy advisory firm Glass Lewis said late on Tuesday it had recommended Tesla Inc.’s investors to vote in favor of re-electing Chairwoman Robyn Denholm after having earlier opposed her re-election in June. Glass Lewis said its recommendation changed due to …
August 11, 2020
Aon plc and Willis Towers Watson announced that two leading proxy advisory firms have recommended that shareholders vote in favor of the companies’ proposed combination. Institutional Shareholder Services Inc. (ISS) said the strategic rationale of the merger is sound. AON …
November 9, 2018
The U.S. securities regulator is set to review this month rules on corporate democracy, setting it up for a clash with investors who worry the agency will side with companies to diminish voting rights on charged issues like climate change …