TCI (the Children's Investment fund managed by Chris Hohn ) is a #shareholderactivist which aren't that bad afterall ! #corpgov #esg #isr

Activist takes aim at Liberty-controlled Belgian telecoms group ft.com/content/f22531… via Financial Times

"Dans une procédure de sauvegarde, l’actionnaire fait toujours un effort [...], explique Loïc Dessaint de Proxinvest. Jean-Charles Naouri n’en fait aucun. En réalité, Casino finance le sauvetage de son propriétaire". bfmbusiness.bfmtv.com/entreprise/com…

It's about time! ECGS has been at the forefront of gender diversity with guidelines of 15% as early as 2012, upped to 20% in 2013, 30% since 2016. Meanwhile, our main US competitor is only advocating for 1 female director from 2020 on #corpgov #esg ft.com/content/cf8b32…

1/ #climate, 2/ #execpay, 3/ #diversity, the 3 top agenda items at UK AGMs this year #corpgov #esg #isr ft.com/content/751602…

BBVA AGM: #Villarejo casts long shadow as PIRC recommends investors abstention on board discharge. Remuneration of exec & indie NEDs flagged up by ECGS CORPORANCE. ISS ESG & Glass, Lewis & Co. "for" not without comments. Read via Responsible Investor responsible-investor.com/articles/europ…

ECGS' Spanish partner, Corporance, opposes over BBVA excessive executive and board members remuneration #CorpGov #esg #isr #ExecPay lnkd.in/dkagdhB

H2O warns clients of ‘surprisingly large’ losses after market turmoil ft.com/content/21e450… via Financial Times

Deutsche Bank and Bayer are two leading examples of corporate governance failures in Germany: ECGS recommended to vote against the discharge of management and supervisory boards at both companies in 2019 #corpgov #esg #isr ft.com/content/109a7d…

An unbelievable major #CorpGov scandal for a company of the main UK stock index FTSE100! 3 billions of debt/facilities hidden to the Board and the market!!! 🤭 Now NMC HEALTH is facing liquidity problems and some employees are not paid 🤬. ftalphaville.ft.com/2020/03/10/158…

Once again, why shareholders pay UK audit firms for? EY at NMC Health this time...I 🧐

And Occidental Petroleum shareholders lost their money without having any AGM vote for the acquisition of Anadarko. A shame. Thank you the Board 😠

#CorpGov

Another failure of #CorpGov at French bank Natixis?

For this new season 2020, the ECGS publishes here its new corporate governance policies and voting guidelines to be used for AGMs after 15 March 2020 (available in English only). #CorpGov #esg #isr proxinvest.fr/?p=8071&lang=en

ECGS, the European network of independent proxy advisors, and Proxinvest, its French managing partner, who are fully consistent/coherent, recommended to vote "for" the similar Scope 3 shareholder resolution at both Equinor and Total [article in French] #corpgov #ESG #ISR

As part of its shareholder engagement campaign on sustainable distribution policies launched in Feb.2020, ECGS recommended to act as responsible LT investors by reducing/postponing dividends and buybacks in many AGMs of this COVID's year #CorpGov #isr #esg ft.com/content/da8b6f…

Remuneration committees ought to be careful of not granting larger stock options/performance shares at low prices which creates outsized windfalls in #ExecPay #CorpGov #ISR #ESG #SocialCohesion #UnjustEnrichment lnkd.in/g6-hUmb

ECGS recommended opposition to the three AGM items mentioned in this article (Exec pension, re-elections of chair and director) #CorpGov #ExecPay #GenderDiversity #DirectorAttendance #esg #isr ft.com/content/83bb9e…

ECGS, the European network of independent proxy advisors lead-managed by Proxinvest, has recommended to its European institutional clients to vote "against" Altice's excessive executive compensation #CorpGov #ExecComp