Today's News
NEWS STORY:
SHAREOWNER ACTIVISM | CLIMATE CHANGE | OIL SANDS
Investor group led by Boston Common Asset Management in the US and FairPensions in the UK joins forces to engage with BP and Shell on disclosure of strategic risk mitigation in Canadian oil sands developments.
NEWS BRIEF:
ECONOMIC CRISIS | CREDIT RATING AGENCIES | LAWSUITS
Lawsuit charges that Moody's and Standard & Poor's knowingly assigned inflated ratings to investments backed by sub-prime loans in order to earn lucrative fees.
NEWS STORY:
CLIMATE CHANGE MITIGATION
A climate scientist and a business leader join forces to assert the validity of climate science, and recommend the adoption of a market-based cap-and-trade program.
NEWS STORY:
SHAREOWNER ACTIVISM | EXECUTIVE COMPENSATION
Companies adopting say-on-pay include many in the financial industries, and all TARP recipients mandated to do so last year; in the absence of legislation or regulations, activist shareowners file more than 70 resolutions on the issue this year.
NEWS BRIEF:
SHAREOWNER ACTIVISM | HUMAN RIGHTS | SUPPLY CHAIN MANAGEMENT
A report from the Environmental Justice Foundation finds that up to two million children are forced into working in Uzbekistan’s cotton fields, and recommends that apparel retailers improve monitoring of their supply chains to ensure that forced labor is not a part of them.
NEWS STORY:
SHAREOWNER ACTIVISM | CLIMATE CHANGE
Organizations that have filed resolutions addressing oil sands operations, quantitative greenhouse gas emissions reduction targets, and coal ash waste disposal, express strong support for SEC guidance on climate change disclosure.
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