In April, President Biden signed Executive Order 14096 to “Revitalize our Nation’s Commitment to Environmental Justice for All.” It states, “We must advance Environmental Justice for all by implementing and enforcing the Nation’s environmental and civil rights laws, preventing pollution, addressing climate change and its effects, and working to clean legacy pollution that is harming human health and the environment.”…
2024 AGM Outlook: Asset manager voting policies are ‘super vague’
Corporates’ annual general meetings (AGMs) are a time for investors and their stewardship strategies to shine. ESG Clarity asked industry professionals to find out what they expect – and what they hope – to see this AGM season. Louisiana Salge, EQ Investors head of sustainability, is not feeling hugely optimistic about how asset managers will use their role as stewards this…
Investors told to vote down fossil fuel directors
Investor engagement with oil and gas companies has achieved “derisory” results and must be radically improved, including by voting down directors, according to an open letter NGO Reclaim Finance sent to 50 large investment firms yesterday. The letter stated investors ought to vote against strategic routine resolutions, suspend new investments and making public statements for oil and gas companies which…