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.
The three largest U.S. pension funds are backing a bid by hedge fund firm Engine No. 1 to replace board directors at Exxon Mobil.
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.
Ontario Teachers' Pension Plan and Alberta Investment Management Corp. sold their stakes in Glass Lewis, a governance solutions provider.
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.
New York State Common withrew a shareholder proposal challenging diversity efforts at McDonald's after the fast-food chain proposed changes.
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 2021 proxy season for ESG issues promises new shareholder tactics and priorities.
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.
CalPERS for the first time voted against compensation committee members for say-on-pay plans.
The SEC voted to raise the thresholds for filing shareholder proposals, much to the dismay of the investor community.