Insights for Institutional Investors I Minerva Blog

FCA overhauls listing rules in final reforms

12 July 2024

The Financial Conduct Authority (FCA) has updated the UK’s listing regime to streamline the rules, hoping to boost growth and innovation.

EU officially publishes CSDDD

10 July 2024

The European Sustainable Investment Forum (Eurosif) has released the Corporate Sustainability Due Diligence Directive (CSDDD), which will soon be adopted into EU member states’ law.

Judge throws out New York lawsuit against pension funds

5 July 2024

A New York judge has dismissed a lawsuit against three pension funds in the New York City Retirement System for violating fiduciary duties.

Companies failing to ensure human rights

4 July 2024

The majority of the world’s 2,000 most influential companies are failing to ensure human rights, decent work and ethical conduct.

Consultation launches on Irish corporate governance code

4 July 2024

The consultation on the Irish corporate governance code has launched as Ireland works to align itself with international standards.

PRI launches ‘Spring’ engagement process to tackle biodiversity loss

28 June 2024

The Principles for Responsible Investment (PRI) has launched the engagement process for Spring, an investor stewardship initiative focused on tackling the material financial risks of biodiversity loss.

Republicans file for SEC climate rules to be scrapped

28 June 2024

A group of 35 Republican lawmakers have urged the Eighth US Circuit Court of Appeals in St Louis to vacate the SEC’s climate disclosure rules.

ISSB starts two-year plan and publishes feedback statement

27 June 2024

The International Sustainability Standards Board (ISSB) has started on its two-year work plan to improve harmonisation and consolidation of sustainability disclosure guidance.

Exxon lawsuit against shareholder activist voided

21 June 2024

A federal judge has tossed ExxonMobil’s lawsuit against activist ESG shareholder Arjuna Capital.

ESAs propose introduction of SFDR labels

20 June 2024

The three European Supervisory Authorities (ESAs) have published a joint proposal calling for an update to the Sustainable Finance Disclosure Regulation (SFDR).

Pension funds split vote on Musk pay package

20 June 2024

Tesla shareholders were split in their vote on Elon Musk’s $55.8 billion pay package, with many US and international pension funds voting against the measure.

AG Barr Shareholders Vote to Increase New CEO’s Pay

14 June 2024

Shareholders of AG Barr have supported a resolution to increase the new CEO’s salary by 25.7%.

Tesla shareholders approve Musk’s huge pay day

14 June 2024

Tesla shareholders have approved CEO Elon Musk’s $56 billion pay package – the largest in US corporate history – after it was rescinded by a Delaware court in January.

GRI Introduces Revised Disclosures for Labour-Related Standards

13 June 2024

The Global Reporting Initiative (GRI) has launched a new review of all its labour-related standards to inform the introduction of proposed changes that address policies on employment relationships.

Shareholders Vote Against Key ESG Proposals

10 June 2024

Shareholders at both McDonald’s and Exxon Mobil have voted against key ESG-related proposals at recent annual general meetings, despite prominent campaigns by institutional investors.

Portion of Tesla Shareholders Risk Being Unable to Vote at AGM

5 June 2024

The Minerva Blog

SpaceX IPO highlights governance risks as Musk consolidates control