by jennifer@theshareholdercommons.com | Aug 23, 2022 | Category1
In March, the U.S. Securities and Exchange Commission (SEC) proposed a new rule that would require companies to disclose some of their greenhouse gas emissions in a standardized way, and to explain to investors how climate change could affect companies’ financial... 
by jennifer@theshareholdercommons.com | Aug 23, 2022 | Category1
We’re hardly alone in pointing out that today’s ESG activism has failed to stop companies from externalizing social and environmental costs when they can gain a financial advantage by doing so. Many other critics conclude that shareholder activism at companies is... 
by jennifer@theshareholdercommons.com | Jun 7, 2022 | Category1
In February, the U.S. Department of Labor (DOL) asked for public input on steps the Employee Benefits Security Administration (EBSA) could take “to protect the life savings and pensions of U.S. workers and families from the threats of climate-related financial risk.”... 
by jennifer@theshareholdercommons.com | Jun 3, 2022 | Category1
Rick argued in a piece at The Harvard Governance Forum that the International Sustainability Standards Board (“ISSB”) ought to widen its aperture to prevent its own obsolescence. He also coined a new word. Here’s an excerpt: Corporate social responsibility. Socially... 
by jennifer@theshareholdercommons.com | Mar 10, 2022 | Category1
In another recent column, Bloomberg columnist Matt Levine spelled out the problem with multi-class share structures. This is why we’ve filed shareholder proposals at Goldman Sachs and JPMorgan Chase asking them to explain how their underwriting of multi-class IPOs... 
by jennifer@theshareholdercommons.com | Mar 4, 2022 | Category1
A recent article by Marcel Kahan and Edward B. Rock critiqued the sort of system stewardship we promote at TSC. While several correspondents have pointed to this article as taking a side against system stewardship, it is much more a tour of the landscape that...