A majority of Phillips 66 shareholders approved a resolution calling for emission-reduction targets, but a similar bid at BP failed.
AMG and Friess Associates reached an agreement resolving a proxy battle over subadviser changes in two AMG mutual funds.
NBIM will vote against the re-election of Credit Suisse's risk committee in reaction to the Greensill and Archegos scandals.
Friess Associates' 401(k) plan is urging shareholders of two AMG mutual funds to reject the termination of Friess as a subadviser.
Data show the most diverse group of employees hold lower-level roles in money management firms, while those at the top are less diverse.
BlackRock plans to undergo a review of how its diversity, equity and inclusion policies impact stakeholders.
A group of investors with more than $29 billion in assets wants U.K. companies to provide guaranteed minimum working hours for employees.
As You Sow released scorecards to help investors assess S&P 500 companies' efforts on racial justice and workplace equity disclosure.
CEO pay continued to increase in 2021, but so did shareholder opposition to excessive compensation, according to a report.
Only one major company went public last year with an all-male board, a sign that corporate America is yielding to calls to boost diversity.
More institutional investors are asking companies to reconsider political spending in the aftermath of the Jan. 6 assault on the Capitol.
Corporate boards face mounting pressure to be more diverse as investors focus on long-term value and risk management.
Investors called on major social media companies to address the "urgent threat" of violence leading up to the presidential inauguration.
For years Wall Street sprinkled money across U.S. politics to make and keep friends in Washington. Now, it's rethinking the consequences.
The U.K. government has set up a task force to develop improvements to voting processes in pooled funds.
Money managers in Europe have been ramping up stewardship processes, but investors still see room for improvement.
French money managers want the country's largest listed companies to improve board diversity by 2025.
An investor initiative led by Illinois' treasurer called on Russell 3000 companies to disclose their boards' racial, ethnic and gender data.
For J.P. Morgan Asset Management, efforts to advance Black talent and improve diversity at the firm start at the top.
A group representing over $103 trillion in assets says corporations' financial statements should show the effects of climate change.
John Galloway was named global head of investment stewardship at Vanguard on the same day it released its 2020 investment stewardship report.
Zillow Group and Nextdoor.com are among companies pledging to add their first Black directors within the next year, as part of a challenge.
Dawid Konotey-Ahulu is optimistic that the U.K. investment industry is facing up to the fact that it needs to address racial injustice.
First-time and seasoned investors in diverse managers are looking to add or increase allocations to diverse-owned money managers.
The board overseeing Puerto Rico's bankruptcy and fiscal recovery plans is losing its chairman and a board member.