Feature
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Pursuing a higher standard of proxy statement
Coeur Mining won Best proxy statement (mid cap) at the Corporate Governance Awards The legal team at Coeur Mining is proud of the evolution its proxy statement has gone through since 2015. Last year the company won the best proxy statement award in the small-cap category, and this year it takes home the same award in the mid-cap category. In recent years, Coeur’s proxy statement has been emblazoned with the firm’s mission statement on the cover: ‘We pursue a higher standard’. For the team responsible for creating the proxy statement, this means it is viewed as more than just an…
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Federated Hermes’ pioneering approach to active engagement
Martin Jarzebowski is director of ESG and responsible investing at Federated Hermes. He talks about the importance of proprietary ESG research and why engagement is the future of responsible investing Numbers say a lot about why Marsh & McLennan Companies is the winner of the inaugural award for best global entity management. In April 2019 Marsh & McLennan acquired Jardine Lloyd Thompson (JLT) – the biggest acquisition in its history – and in doing so increased its legal entities from around 600 to almost 900. Over the past year or so a small team has integrated more than 100 legal…
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MOL: Reinventing the ESG reporting wheel
Hungarian oil and gas firm MOL has bucked the trend for ever-longer sustainability reports with a slimline, 15-minute read MOL’s Mikkel Skougaard likes to joke that the only people who used to read the sustainability report from cover to cover were him and the auditor. Now, though, anyone who has 15 minutes to spare can find out everything they need to know about the Hungarian oil and gas firm’s sustainability credentials. Last year the Budapest headquartered company took a risk, bucking the trend for increasingly lengthy sustainability reports to produce a 10-page, 15-minute read for the investment community. ‘We know…
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UK’s new Stewardship Code could place more demands on debt IR
Updated code now covers all asset classes, including debt Board composition continues to be a primary area of focus, particularly as it relates to diversity and gender, in addition to tenure, overboarding and director skills. Canadian reporting issuers have now completed five years following changes adopted by the Canadian Securities Administrators (CSA) to National Instrument 58-101 Disclosure of Corporate Governance Practices (NI 58-101) and Form 58-101F1 Corporate Governance Disclosure that, among other things, require the disclosure of certain information relating to the representation of women on boards of directors and in executive officer positions. Diversity disclosure in respect of ‘designated…