Comcast: How Many More Times Do We Have to Explain One Share One Vote?

Our concerns about Comcast go back a long way. Our predecessor company, The Corporate Library (now GMI Analyst, a part of MSCI), we gave Comcast and its board a rare F rating for catastrophically poor corporate governance. If there was a lower grade than F, we would have given it to them. And if we were still grading…

Accounting for Climate: The Next Frontier in ESG | S&P Global

As more and more companies and investors conclude that sustainable practices make for sustainable returns, the assessment of corporations’ environmental, social, and governance (ESG) footprints has moved from a simple measure of corporate responsibility to an investment proposition. While this general focus on ESG policies is undeniably beneficial, companies today are presented with the additional…

Kingsdale Advisors on the SEC Proxy Proposals

Amy Freedman, Michael Fein, and Ian Robertson, of Kingsdale Advisors write: Anecdotally, at Kingsdale, we know, from our conversations with shareholders and from witnessing the expansion of in-house governance teams, that shareholders are taking back the decision-making process (to the extent it ever really left) as governance is increasingly seen not only as a risk…

Tracking SEC’s Evolving Approach to ESG Disclosures

The SEC is moving—slowly—toward including environmental, social, and governance (ESG) disclosures in public company filings. Although the U.S. House of Representatives’ Financial Services Committee in July 2019 rejected a bill that would have aligned ESG reporting standards closer to those found in the EU and required climate change risk factor disclosures, ESG is an issue…

Costco Will Report on Prison Labor – Corporate Governance

Jim McRitchie reports: Costco will report on prison labor in its supply chain, such as pajamas from China, making it if the first U.S. company to make a public commitment to disclose known instances. Many thanks to NorthStar Asset Management for negotiating the agreement. via Costco Will Report on Prison Labor – Corporate Governance

Capitalism Is a Blessing — IQ2US Debates

The IQ Squared Debate series has experts debate today’s the most complex and hotly contested topics. Coming: Is what we get from capitalism worth what we pay for it? We will post a recording of the debate as soon as it is available. Recent polls show that two out of three Americans support capitalism. But…