BlackRock’s ESG Shareholder Support Reaches New Low
BlackRock, the world's largest asset manager, has reduced its backing for shareholder proposals related to environmental and social issues to a record low of 4.1% during the recent annual general meeting season, the company announced on Wednesday.
The first AGM shareholder vote is won by the Bayer CEO
Bayer CEO Bill Anderson emerged victorious at his inaugural annual general meeting (AGM), leading the embattled healthcare and agriculture conglomerate and rebuffing a challenge from a German mutual fund management firm.
ExxonMobil Climate Resolution Withdrawn Amidst Legal Battle, Sparking Concerns for Shareholder Activism
Amsterdam-based green shareholder group Follow This has withdrawn its climate resolution at ExxonMobil following the oil giant's legal action, a move likely to deter shareholder activism.
Isha, Akash, And Anant Ambani Get Shareholder Approval For RIL Board Seats
Reliance Industries’ shareholders have approved the appointment of Isha Ambani, Akash Ambani, and Anant Ambani as non-executive Directors of the company.
Dish TV shareholders are calling for board changes and an EGM
Dish TV has told the stock exchanges that institutional shareholders owning 45% of the firm have requested the appointment of K Badrinarayanan, Satish Kumar Yanamandra, and Jeet Sengupta to the board.
Major investor’s plan to break up HSBC thwarted
HSBC, one of the largest banks in the world, has managed to fend off an attempt by its largest shareholder, Chinese insurer Ping An, to split up the bank. Ping An has been calling for HSBC to separate its Asian business, arguing that its profitable operations in Asia are subsidising other parts of t
