Posts Tagged ‘shareholder activism’
What Boards Are Saying About AI
Today I want to start an occasional series about artificial intelligence, and how businesses can take a more risk- and compliance-aware approach to integrating AI into their operations. We might as well start that exploration at the top: What are boards saying about how they oversee the adoption of artificial intelligence? Not much, apparently. At…
Read MoreMore Messages From SEC on Climate
Compliance professionals watching the SEC’s actions on climate risk have one more item for the radar screen. Last week the agency ruled that Amazon.com must include a shareholder resolution in its proxy statement asking the company to prepare a report about whether its employee retirement plans align with Amazon’s stated climate goals. Why is that…
Read MoreSEC OKs Anti-Discrimination Proposal
Here’s a clever way for activists to force an awkward policy fight at a corporation: an asset management fund wants a California software firm to report on the risks of omitting gender identity and sexual orientation from its employment policies — and the Securities and Exchange Commission has ruled that yes, the company has to…
Read MoreTeamsters Blast Cardinal Health Compliance Efforts
The Teamsters’ Union is pressuring Cardinal Health to separate the CEO and board chairman roles at the company—and cites large bonus pay to Cardinal’s top compliance officer as one sign of misgovernance. The Teamsters made their campaign public last week, with a letter to Cardinal investors urging them to support a shareholder proposal for an…
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