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Blog: Can SEC Commissioner Hester Peirce avert adoption of ESG metrics? | Cooley LLP - Vimarsana News

Blog: Can SEC Commissioner Hester Peirce avert adoption of ESG metrics? | Cooley LLP

To embed, copy and paste the code into your website or blog: It’s widely anticipated that we’ll soon be seeing more action from the SEC on sustainability disclosure, including possibly a prescriptive ESG framework that draws on some global metrics.  (See, e.g.,this PubCo post and this PubCo post.) Trying to head those prescriptive ESG metrics off at the pass is Commissioner Hester Peirce—yes, she who once described “ESG” as standing for “enabling shareholder graft”—in her statement, Rethinking Global ESG Metrics. With Gary Gensler now sworn in as SEC Chair, the revised comp...

What's Ahead For This Proxy Season? - Corporate/Commercial Law - Vimarsana News

What's Ahead For This Proxy Season? - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. Alliance Advisors, a proxy solicitation and corporate advisory firm, has just posted its 2021 Proxy Season Preview, a useful introduction into the major themes of this season—well worth a read.  First, and most obviously, there is COVID-19 and its direct and indirect impact. The pandemic is having a significant direct impact this year—not just in necessitating recourse to virtual-only annual meetings again this season—but also in focusing the attention of investors and proxy advisor...

Source: mondaq.com
Blog: What's ahead for this proxy season? | Cooley LLP - Vimarsana News

Blog: What's ahead for this proxy season? | Cooley LLP

To embed, copy and paste the code into your website or blog: Alliance Advisors, a proxy solicitation and corporate advisory firm, has just posted its 2021 Proxy Season Preview, a useful introduction into the major themes of this season—well worth a read.  First, and most obviously, there is COVID-19 and its direct and indirect impact. The pandemic is having a significant direct impact this year—not just in necessitating recourse to virtual-only annual meetings again this season—but also in focusing the attention of investors and proxy advisors on “how well corporate leaders navigated...

Blog: The Shareholder Commons offers a new approach to ESG activism | Cooley LLP - Vimarsana News

Blog: The Shareholder Commons offers a new approach to ESG activism | Cooley LLP

To embed, copy and paste the code into your website or blog: Environmental, social and governance activism continues to adopt new approaches. One of the latest is from The Shareholder Commons, a non-profit organization founded by CEO Rick Alexander—you might recognize the name from B-Lab and Morris Nichols in Delaware—that uses “shareholder activism, thought leadership, and policy advocacy to catalyze systems-first investing and create a level playing field for sustainable competition.” In essence, TSC seeks to shift the focus from the impact of a company’s activities and conduct on...

The Shareholder Commons Announces Withdrawal of Shareholder Proposal after Yum! Brands Commits to Disclose Systemic Costs of Antibiotic Use - Vimarsana News

The Shareholder Commons Announces Withdrawal of Shareholder Proposal after Yum! Brands Commits to Disclose Systemic Costs of Antibiotic Use

Share this article Share this article WILMINGTON, Del., March 3, 2021 /PRNewswire/ -- The Shareholder Commons announced today that Yum! Brands (NYSE: YUM, the "Company") has agreed to provide comprehensive reporting on the systemic effects of the use of antibiotics in its supply chain by the end of 2021. Paul Rissman, a long-time shareholder of the Company, worked with The Shareholder Commons, a non-profit organization that seeks to shift the paradigm of investor thinking towards a systems-first approach, to submit a shareholder proposal earlier in the year. Rissman and The Shareholder Common...