Some of the world’s largest asset managers are far off track on meeting their 2050 net zero commitments, a study by data tool FinanceMap has found, with many failing to improve their climate performance over the past two years.

This week’s key votes highlights that governance frameworks are as important as the substance of proposals themselves, with voting outcomes impacted by supermajority voting thresholds, no-action exclusions and major shareholders.

Germany has abruptly narrowed its “acting in concert” standard after a rebuke from the Court of Justice of the European Union.

On 27 May, ExxonMobil shareholders will vote on a ballot that includes a proposal to redomicile the company from New Jersey to Texas.