Corporate governance

Watch breaking news videos and read news updates about Corporate Governance on pionline.com

  1. New York comptrollers call on SEC to enforce climate change disclosures at companies

    trueNew York state Comptroller Thomas DiNapoli and New York City Comptroller Scott Stringer on Friday said the SEC should “consider enforcement and other actions” to make fossil-fuel companies improve disclosure of “material risks” that climate change “poses to their business.”

    Articles

  1. Fulfilling a valuable purpose

    truePension funds should stop trying to save the world and reaffirm their focus on securing retirement benefits for millions of participants.

    Articles

  2. Canadian workers' compensation plan looking for consultant to assist in OCIO search

    trueWorkplace Health, Safety and Compensation Commission, St. John’s, Newfoundland and Labrador, is searching for an investment consultant to help the C$1 billion ($796 million) workers’ compensation plan choose an outsourced CIO provider.

    Articles

  3. Wendy's to support proxy access vote following Philadelphia pension fund proposal

    truePhiladelphia Public Employees Retirement System withdrew a shareholder proposal at Wendy's Co. after the company agreed to submit management-supported proxy access amendments to its certificate of incorporation and bylaws to a vote at its 2016 annual meeting, Wendy's announced in a news release ...

    Articles

  4. ADM adopts anti-deforestation policy following N.Y. State Common proposal

    trueNew York State Common Retirement Fund, Albany, announced Tuesday that Archer Daniels Midland agreed to adopt policies under which it will accept from suppliers only soybean and palm oil products that aren't due to deforestation.

    Articles

  5. SEC should increase board diversity disclosure — public pension funds

    trueNine large public pension funds asked the SEC on Tuesday to require companies to disclose more about their boards’ diversity.

    Articles

  6. Ackman: Shareholder activism driving bull market

    trueShareholder activism deserves much of the credit for the bullish stock market in recent years, William A. Ackman, founder and CEO of Pershing Square Capital Management, told the more than 560 attendees Monday at a conference of the Council of Institutional Investors in Washington.

    Articles

  7. Towers Watson: Pay-for-performance disclosures dip in 2014 proxy statements

    trueSome 27% of the largest U.S. companies included an executive pay-for-performance discussion in their 2014 proxy statements, down from 28% the previous year, a Towers Watson analysis released Thursday found.

    Articles

  8. eBay revises governance guidelines for board diversity; pension funds withdraw proposal

    trueNew York State Common Retirement Fund and Trillium Asset Management withdrew a shareholder proposal at eBay Inc., after the company agreed to revise its governance guidelines to include gender and racial diversity among qualities its seeks in its board directors.

    Articles

  9. Massachusetts treasurer proposes reforms to MassPRIM proxy-voting guidelines

    trueMassachusetts Treasurer Deborah B. Goldberg proposed a series of reforms to the state's Pension Reserves Investment Management board's custom proxy-voting guidelines on Thursday.

    Articles

  10. Institutional investors say ESG has positive impact on alternatives returns — report

    trueSome 57% of asset owners and other institutional investors surveyed believe incorporating ESG into alternative investments decision-making has a positive impact on risk-adjusted returns, said a report Monday from Mercer and LGT Capital Partners.

    Articles

  11. Tennessee Consolidated searching for private equity consultant

    trueTennessee Consolidated Retirement System is searching for a private equity investment consultant.

    Articles

  12. Exxon Mobil to disclose sustainability metrics in setting executive pay

    trueWespath Investment Management, the investment division of the Glenview, Ill.-based $21 billion General Board of Pension and Health Benefits of The United Methodist Church, agreed to withdraw a shareholder proposal at Exxon Mobil Corp. after the company agreed to disclose sustainability-related ...

    Articles

  13. U.S. Steel agrees to disclose political spending following N.Y. State Common proposal

    trueNew York State Common Fund withdrew a shareholder proposal it filed at United States Steel Corp. after the company agreed to disclose its political spending.

    Articles