Glass Lewis navigates US backlash with global push
Proxy advisers are facing mounting political pressure in the US, even as demand for their services grows elsewhere. For Glass Lewis, one of the two dominant global proxy advisory firms alongside ISS, that divergence is reshaping both its strategy and its product offering.
‘World’s biggest asset managers block ESG progress’
How asset managers vote on corporate resolutions every year determines the future of our planet, but the world’s very biggest investment corporations continue to block progress on environmental and social issues.
Researchers from non-profit organisation Share Action, in the latest edition of the Voting Matters report released this week, outlined how 68 of the world’s largest asset managers voted on 252 ESG-related shareholder resolutions.