Ross Kerber

Looking to keep doing business in West Virginia amid a review of energy lending policies, several top U.S.

Jul 13, 2022

Average support for shareholder resolutions on environmental, social and governance (ESG) topics at U.S.

Jul 13, 2022

Activist investment leaders who have urged U.S. companies to cut carbon emissions said on Friday they expect more such efforts following a milestone U.S.

Jul 01, 2022

Investors in May pulled $3.5 billion from U.S. mutual funds using environmental, social and governance (ESG) factors, researcher Morningstar Inc said on Thursday, a break with years of net new deposits.

Jun 16, 2022

Sustainability-focused hedge fund Engine No. 1 has backed 83% of shareholder resolutions on environmental, social and governance (ESG) topics at top U.S.

Jun 02, 2022

A majority of shareholders of gunmaker Sturm Ruger & Co voted in favor of a shareholder resolution calling for a human rights impact report, executives said on Wednesday.

Jun 01, 2022

Tesla Inc CEO Elon Musk may have denounced business use of environmental, social and governance (ESG) factors as a "scam" last week but one sustainable investing pioneer thinks the electric carmaker still believes in the cause.

May 23, 2022

New York State Comptroller Thomas DiNapoli is calling for votes against directors at Twitter Inc and at Facebook parent Meta Platforms Inc at their upcoming annual meetings, saying both companies failed to enforce their standards against harmful content including from a mass shooting in Buffalo, N.Y.

May 23, 2022

BlackRock Inc, JPMorgan Chase & Co and other top financial firms have told a Texas official they are not boycotting energy companies, responding to a request for information that could determine if they are able to continue to manage state funds.

May 19, 2022

S&P Dow Jones Indices has removed electric carmaker Tesla Inc from its widely-followed S&P 500 ESG Index, citing issues including racial discrimination claims and crashes linked to its autopilot vehicles, a move that prompted critical tweets from Tesla CEO Elon Musk on Wednesday.

May 18, 2022

Four top Wall Street firms and Ford Motor Co will start to disclose the race and gender of individual directors under deals reached with New York City pension officials, the city's comptroller, Brad Lander, said on Thursday, while a utility company has pushed back on the idea.

May 12, 2022

Top asset manager BlackRock Inc said on Wednesday it has more than $800 million in commitments for a new impact fund, part of a growing investor focus on diversity and equity themes.

May 11, 2022

Bipartisan majorities of U.S. adults think CEO pay is too high, a new poll found, presenting a challenge for corporate boards looking to balance compensation for leaders and workers.

May 09, 2022

A prominent corporate reformer is pitching a trendy idea to Elon Musk as he takes control of Twitter Inc: turn the social-media platform into a "public benefit corporation" to work for the benefit of all stakeholders, not just investors.

May 04, 2022

The top U.S. securities regulator on Tuesday told companies they may have to disclose the impact Russia's invasion of Ukraine could have on their business, such as on operations or employee bases in either country, or if their assets were nationalized.

May 03, 2022

The head of the World Health Organization will present a shareholder resolution at the annual meeting of Moderna Inc on Thursday, a rare step into investor advocacy by the United Nations agency.

Apr 28, 2022

A shareholder proposal calling on Moderna Inc to study transferring production of COVID-19 vaccines to less-developed countries won 24% support from investors on Thursday after it received a rare endorsement from the World Health Organization.

Apr 28, 2022

New York City pension leaders said the $262 billion system will mostly favor calls for sharp limits on fossil fuel lending at top banks this week, giving a late boost to activists who have gained little backing from proxy advisers.

Apr 25, 2022

Median pay for top U.S. CEOs rose 31% last year to a record $20 million, a new study found, surging after a slight decline during the COVID-19 pandemic, as companies showered leaders with stock awards and cash bonuses.

Apr 18, 2022

Top proxy adviser Institutional Shareholder Services on Tuesday recommended investors cast proxy votes against the pay of Wells Fargo & Co Chief Executive Charles Scharf and other leaders, citing concerns about the discretion used to award the pay and lack of disclosures.

Apr 12, 2022

New York pension officials on Monday said they will support shareholder resolutions filed at major banks seeking quick cuts to financing of new fossil fuel development, pushing climate issues to the fore of another springtime shareholder meeting season.

Apr 11, 2022

Edward C. "Ned" Johnson 3d, an American billionaire investor and philanthropist who as chairman of Fidelity Investments propelled the family business to a dominant place in finance for decades, died on Wednesday at age 91, the company said.

Mar 24, 2022

Edward C. "Ned" Johnson 3d, an American billionaire investor and philanthropist who as chairman of Fidelity Investments propelled the family business to a dominant place in finance for decades, died on Wednesday at age 91, the company said.

Mar 24, 2022

Goldman Sachs' big asset-management arm will take a harder line in voting on directors at companies that do not disclose enough about their greenhouse gas emissions, an executive said on Thursday, adding to the pressure on business leaders to provide more climate-impact data.

Mar 24, 2022

Investors, including several who run environmentally focused funds, welcomed the U.S.

Mar 22, 2022

U.S. corporations face an unprecedented wave of shareholder resolutions focused on ESG themes for 2022, a new review shows, as activists look to build on favorable regulatory changes and more executives seem willing to make deals.

Mar 17, 2022

Texas Comptroller Glenn Hegar has questioned 19 financial companies to clarify their investment policies on fossil fuels, his office said on Wednesday, showing the breadth of a review that could see firms losing state pension mandates.

Mar 16, 2022

BlackRock Inc's total client exposure to Russia has declined to less than $1 billion from $18 billion a month ago, before Moscow's invasion of Ukraine led to Western sanctions and the closure of the Russian stock market, according to figures supplied by the asset manager on Friday.

Mar 11, 2022

Vanguard Group on Monday said it has moved swiftly to implement international sanctions imposed against Russian banks, entities and individuals in the wake of Moscow's invasion of Ukraine, and is working to further reduce its exposure to Russia and exit positions across its index funds.

Mar 07, 2022