CII recently signed on to a statement published by the International Corporate Governance Network (ICGN) advocating for corporate governance standards and shareholder protections to be maintained at U.K.-listed companies.

Earlier this week a judge in the Texas federal district court ordered ExxonMobil to file by February 21 an expedited reply to the motion to dismiss its lawsuit against shareholder proposal proponents Arjuna Capital and Follow This.

The number of no-action requests filed by companies seeking to exclude shareholder proposals from proxy ballots this proxy season is on track to surpass significantly the total number of those submitted to the SEC in each of the past two years.

Last proxy season CalPERS’ support for environmental and social shareholder proposals and directors globally declined, reports the pension fund’s 2023 Proxy Season Wrap-Up.

Italy’s government is expected to allow listed companies to issue shares with 10 times the voting power for long-time investors in an effort to remain competitive with other markets with permissive rules on share structures.