Section: December 14, 2023 | Vol. 28, Issue 45
?CII sent a letter to the Commerce Department December 13 supporting the executive leadership principle in the department’s recently released draft Business Diversity Principles, which describe best practices related to promoting equity and economic development in the private sector.
by: Rosemary Lally
12/14/2023
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The absence of a U.S. rule on corporate climate disclosure would result in many American companies being forced to comply with European reporting rules such as those issued by the EU’s Corporate Sustainable Reporting Directive (CSRD), SEC Chair Gary Gensler warned when he spoke December 7 to the Council on Foreign Relations.
by: Rosemary Lally
12/14/2023
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In a December 7 speech before the American Bar Association, SEC Chair Gary Gensler outlined the rulemakings over the past two years that the SEC has issued related to corporate governance topics, several of which have been on CII’s list of advocacy priorities.
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12/14/2023
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Twenty-three Republican attorneys general, led by Iowa Attorney General Brenna Bird, sent letters to ISS and Glass Lewis asking the proxy advisors to explain their reasoning behind vote recommendations against shareholder proposals that ask banks to disclose their policies for closing customers’ bank accounts.
by: Rosemary Lally
12/14/2023
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The Illinois State Treasurer’s Office filed a shareholder proposal asking Meta to disclose the voting results on matters subject to a shareholder vote according to the class of shares, namely differentiating between those shares carrying one voting right and those carrying multiple voting rights, beginning at the company’s 2025 annual meeting of shareholders.
by: Rosemary Lally
12/14/2023
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Just three of the 13 shareholder proposals that appeared on Microsoft’s proxy ballot received more than 20% of the votes cast at Microsoft’s December 7 annual meeting.
by: Rosemary Lally
12/14/2023
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Companies that lead on disability inclusion have higher revenue, net income and economic profit, according to a recent report from Accenture, Disability: IN and the American Association of People with Disabilities.
by: Rosemary Lally
12/14/2023
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Japan’s corporate governance has improved while Hong Kong’s has eroded, according to CG Watch 2023: A new order, a study of corporate governance and ESG norms by the Asian Corporate Governance Association and Chinese investment group CLSA.
by: Emmanuel Tamrat
12/14/2023
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?At a recent meeting of the Global Network of Investor Associations (GNIA), representatives of investor groups shared updates on developments in corporate governance and shareholder rights.
by: Amy Borrus
12/14/2023
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