Corporate governance - Vigil

If certain ESG metrics have a material impact on a business’ performance – which is widely accepted – then it follows that investors, regulators and proxy advisers will likely seek assurances that executives are incentivized to meet expectations.

Netflix, the maker of the Attenborough climate documentary, plans to banish dirty diesel generators from film sets and use more virtual production techniques, after a review found that more than half of the company’s carbon emissions came from film production.

Two large shareholders in Canadian Pacific Railway Ltd. and Kansas City Southern Railway say they will vote for the US$25.2-billion takeover by the Calgary freight hauler.

The Montreal-based telemedicine company priced 8.34 million shares in its IPO at $12 each to generate aggregate gross proceeds of about $100 million, but its stock jumped by 25 per cent to reach $15 in mid-morning trading Tuesday.

The fallout from a jarring sell-off at Archegos Capital Management has touched a major Canadian lender, as Bank of Montreal 
counted the fund as a client as recently as last week.

The merger of Rogers Communications Inc. and Shaw Communications Inc. would result in sufficient market competition, Shaw’s chief executive said on Monday, as a Canadian parliamentary committee grilled the telecom firms’ officials on antitrust aspects of the deal.

Volkswagen’s American division appears poised to change its name to "Voltswagen," switching the "k" to a "t" in a nod toward the automaker’s investment in electric vehicles.

Top asset managers BlackRock Inc and Vanguard Group Inc have joined an investor push to limit greenhouse gas emissions to net zero by 2050, giving new momentum to the effort despite concerns its goals have some wiggle room.

The counting of votes that will determine whether a union can form at an Amazon warehouse in Bessemer, Ala., begins Tuesday. But the results of the union election, one of the most consequential in recent memory, may not be known until later this week or early next week because the vote can often involve a painstaking process that will be closely scrutinized by representatives from the union and Amazon.

Real-time data on everything from sit-down restaurant meals to job hirings shows American business and consumers leaping to take advantage of a fast vaccine rollout even as their European counterparts languish in extended lockdowns.

Corporate purpose may be the most debated issue in corporate law this year. It has pitted proponents of the traditional ‘shareholder primacy’ model of corporate governance against representatives of newer, more ‘stakeholder-oriented’ approaches to corporate governance – in what both sides view as an Armageddon-like battle for supremacy.

Deutsche Bank CEO Christian Sewing will hand over oversight of the investment bank to board member Fabrizio Campelli, the German bank said on Monday, as part of an overhaul of the management board.

Are scandals at Archegos and Greensill an unlucky coincidence or symptomatic of a wider failing?

Drive aims to make large public companies set near-term carbon-emission targets subject to annual shareholder vote

The International Monetary Fund will raise its forecast for global economic growth in 2021 and 2022 after last year’s 3.5 per cent contraction, but financial conditions remain highly uncertain, IMF Managing Director Kristalina Georgieva said on Tuesday.

The guidelines, published by the Canadian Securities Administrators (CSA), lay out in detail how existing securities legislation for dealers and issuers of traditional securities would apply to cryptocurrency trading platforms, depending on their exact function.

The rise of affluent millennials, wealthy families sitting on a cash pile and remote-working trends have created a ‘perfect storm’ in the world of high-end real estate, according to a new report.

The German automaker's announcement on the change appeared briefly on its media site Monday before it was removed, having apparently been released before it was ready for an official rollout.

The Net Zero Asset Managers initiative now has a total 73 signatories representing $32 trillion in assets under management (AUM), 36 per cent of the global total.

Rio Tinto is facing a backlash at its annual meeting next month after shareholders were advised to vote against its remuneration report because of the exit package handed to former chief executive Jean-Sébastien Jacques.

Boeing Co asked a Delaware court to throw out a shareholders’ lawsuit over the safety of its 737 MAX following fatal crashes, saying the board engaged in “robust and well-established” oversight of jet’s development.

Outside of the somewhat arcane discourse on corporate governance, society is straining for a better understanding of what role corporations - and business more generally - should play in the lives of citizens, and those within the discourse are struggling with whether and how law and regulation should promote the evolving ethos.