The SEC May 25 proposed two new rules that would give investors more clarity about investment funds that take environmental, social and governance (ESG) factors into account.

New York State Comptroller Thomas DiNapoli’s broad vote-no campaign against all directors at Meta and Twitter appears to have prevailed against one director.

Shopify shareholders, who have witnessed their investment crater nearly 80% since November, will vote June 7 on a management proposal to peg the voting power of the company’s CEO Tobi Lütke, his family members and affiliates to 40%. Lutke currently controls about 34% of voting power through a traditional dual-class structure that gives him 10 votes per share.

Eight proposals filed by CII members that targeted companies’ specific executive pay issues went to votes this proxy season. At many of the targeted companies, say-on-pay proposals had either received exceptionally low levels of support or had failed to pass last year.

Connecticut State Treasurer Shawn Wooden, the Rhode Island General Treasurer, the New York State Common Retirement Fund and other members of the Northeast Investors’ Diversity Initiative (NIDI), through engagements, convinced Vicor, Intellia Therapeutics, and Silgan Holdings to consider diversity, inclusive of gender, race and ethnicity, when seeking director candidates.

In a May 20 statement, the G7 Finance Ministers and Central Bank Governors, and the heads of the International Monetary Fund (IMF), World Bank Group, Organization for Economic Cooperation and Development (OECD), and Financial Stability Board (FSB) encouraged the International Sustainability Standards Board (ISSB) to establish baseline reporting requirements that can be implemented globally and applied to both small- and medium-sized companies.