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...After consulting with Ben & Jerry’s management and stakeholders, Mittal said the board was confident its stance on a ceasefire was “consistent with the history and values of our company”....
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Endorsement is boost for billionaire activist’s struggling campaign at entertainment giant
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...(Patrick Temple-West) Smart read I recommend Kenza Bryan’s article with our colleague Joe Daniels, reporting from Georgetown, Guyana, about the country’s carbon credits....
...BlackRock manages two of the five-largest US ESG funds, according to Morningstar, and has more than $48bn of ESG assets under management....
...The outflows started in 2022 after West Virginia state treasurer Riley Moore included BlackRock on the nation’s first list of financial firms deemed to boycott fossil fuel companies....
...West coast editor Richard Waters says the magnitude of the EU’s giant test in micromanagement is hard to overstate....
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...Legal legacy Ira Millstein’s work led to a landmark shift in the centre of corporate power from company management to boards, the FT writes in an obituary of the lawyer....
...MSCI and S&P have put companies linked to the Myanmar junta in their ESG products, as my colleague Patrick Temple-West reports this week. But active funds have questionable holdings too....
...Republican states reliant on the fossil fuel industry, including West Virginia and Oklahoma, have banned some asset managers from doing business with them, based on accusations of boycotting fossil fuels...
...Scherr and the board had discussions then about what management skills were needed for the next phase at the company....
...The strategist and professor Michael Mauboussin, of Morgan Stanley Investment Management, has a new paper tracing increasing returns to five separate causes: economies of scale; international trade; learning...
...The bigger picture is that Delaware chancery courts are there to make sure company boards and management are behaving appropriately....
.... — Patrick Temple-West Mr ESG joins ESG Inc Hiro Mizuno built a reputation as one of the world’s biggest champions of sustainable investing during his time as head of the giant Government Pension Investment...
...Where “say on climate” resolutions were proposed by shareholders and opposed by management, BlackRock said it voted against them....
...Flynn will retain another role as co-head of private wealth management, and succeeds Kim Posnett....
...“It is still a great company, but the industry is much more challenging and there is only so much management can do,” said Kernan. “Brands cannot be all things to all people anymore.”...
...The asset management division of BNP Paribas, the French banking group, has sent letters to 14 of the world’s largest pharmaceutical companies asking them to use a cloned substance called recombinant factor...
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