Agenda – ESG Metrics Not Enough to Drive ‘Real Change,’ Say Experts

As S&P 500 companies increasingly move to tie executive compensation to environmental, social and governance metrics, experts caution that pay incentives alone cannot drive the changes needed for companies to attain their ESG goals. More than half (57%) of S&P 500 companies, such as investment management company T. Rowe Price, Valero Energy and health insurance…

Three Myths about ESG: Nell Minow

VEA Vice Chair Nell Minow wrote about the three myths about ESG for the NYU Compliance and Enforcement blog. Three Myths About ESG by Nell Minow ESG has passed the tipping point. For investors, ESG, which stands for Environmental, Social, and Governance factors, has gone from a nice-to-have to a have-to-have. ESG is the fastest growing…

The rise of the minority shareholders – The Hindu BusinessLine

Vinit Bolinjkar, Head of Research, Ventura Securities, said it is high time that companies start recognising the rights of minority shareholders. The rights of minority shareholders need to be protected by independent directors but the problem currently is that many of them act on behalf of the promoters. Deepak Sanchety, Ex-Head of Surveillance, SEBI, said…

SEC.gov | Sample Letter to Companies Regarding Climate Change Disclosures

The Commission has stated that a number of its disclosure rules may require disclosure related to climate change.[2]  For example and depending on the particular facts and circumstances, information related to climate change-related risks and opportunities may be required in disclosures related to a company’s description of business, legal proceedings, risk factors, and management’s discussion…

SEC Sued Over NASDAQ Road Diversity Rule

Once again, those who love to rhapsodize about the free market want to protest when they don’t like the results. A group claiming to be about free enterprise is suing the SEC over its approval of the NASDQ listing standards on board diversity. For the thousandth time, that rule is not a quota. It is…