The Appleseed Fund, a sponsor of the recent #AllinForImpact SRI Conference, leverages its role as a shareholder advocate to encourage boards and management teams to become more transparent and responsible with regard to ESG matters. They believe investors can have significant influence on the companies they own through informal engagement, proxy voting and submitting shareholder resolutions. (more…)
On February 27, 2015 Vanguard sent out an important letter to many boards of directors of publicly traded companies. The letter, signed by Vanguard’s Chairman and CEO, exhorts directors to follow best practices to ensure that corporate resources are stewarded effectively. But what happens to those boards of directors who are stubbornly entrenched? (more…)
CalPERS filed a notice of exempt solicitation (PX14A6G) and urged shareholders to vote for a proposal asking the company to amend their bylaws to exclude broker non-votes when tabulating proxy votes at the 2014 AGM of Nabors Industries (NBR). I don’t personally own stock in NBR but the issue is an important one, so it […]