New York State Comptroller Thomas P. DiNapoli today announced the New York State Common Retirement Fund’s efforts to increase corporate accountability for progress on diversity, equity and inclusion issues.
public companies have come under increasing pressure from investors and society at large to use their resources and influence for broad and meaningful social impact. Millennials and Generation Z are particularly focused on the role that corporations play in advancing social issues
The Corporation’s Role in Society - Today During the past several years, public companies have come under increasing pressure from investors and society at large to use.
OPTrust Maintains Long-Term Focus, Releases 2020 Responsible Investing Report
TORONTO, May 11, 2021 /PRNewswire/ Today OPTrust released its 2020 Responsible Investing Report, detailing its continued long-term commitment to sustainable investing throughout the volatility of the past year.
OPTrust s responsible investing accomplishments in 2020 include updating its Statement of Responsible Investing Principles and expanding the emphasis on diversity and inclusion in its Proxy Voting Guidelines, developing a cross-portfolio approach to integrate responsible investing in all its externally managed investments, and building an investing program to allocate capital to opportunities at the intersection of sustainability and innovation. Environmental, social and governance (ESG) issues create financial and reputational risks, but we also believe that solving these challenges presents significant investment opportunities, said Alison Loat, Managing Director of Sustainable Investing an
BCI raises expectations on board diversity and addressing climate change risk in new Proxy Voting Guidelines
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VICTORIA, BC, Feb. 9, 2021 /PRNewswire/ - Today, British Columbia Investment Management Corporation (BCI) published new Proxy Voting Guidelines detailing our evolving expectations regarding the governance practices of the publicly-traded companies in which we invest. The new guidelines raise our expectations on increasing board diversity, addressing climate change risk, and reviewing executive compensation in the context of COVID-19 and its impact on human capital.
BCI updates the guidelines every two years. They reflect ongoing research of corporate governance best practices and BCI s understanding of evolving risks facing publicly-traded companies as represented in shareholder proposals.