Our bi-weekly spotlight explores key ESG-related market developments and their implications for corporates and investors. ESG in the News In 2023, U.S. and global regulators are set to build on the busiest year yet in climate and sustainability rulemaking, focusing on standards and clearer market guardrails. The Securities and…
At the Energy Council on 19 December, EU Member States reached an agreement on the Council Regulation establishing a market correction mechanism which will cap gas prices on specific energy exchanges. The Energy Council also adopted the Council Regulations on improved coordination of gas purchases, exchanges of gas across borders…
The role of today’s CEO is evolving, paralleling the shifting global financial, geopolitical and social landscapes in which they operate. Teneo is fortunate to work with and advise leading CEOs around the world as they navigate this environment. As the calendar turns from a tumultuous 2022 to the uncertainties of…
Our bi-weekly spotlight explores key ESG-related market developments and their implications for corporates and investors. ESG in the News The Teneo Governance team has published a new client brief, "Be Careful What You Wish For: Four Potential Consequences of Pass-through Voting For Companies." The brief defines…
On October 28th 2022, the SEC adopted the final compensation-related rule of the Dodd Frank Act, requiring companies to recoup compensation that was previously awarded to certain executives based on false information. Whereas companies were able to implement other Dodd-Frank compensation-related rules without fundamentally changing their pay plans (such as…
Earlier this year, Republican Senators introduced the “INDEX” Act that would require passively managed funds to vote proxies in accordance with the instructions from their clients. The proposed bill followed the announcement of BlackRock’s “Voting Choice” initiative that provides clients the option to vote proxies themselves. Vanguard and SSGA have…
Our bi-weekly spotlight explores key ESG-related market developments and their implications for corporates and investors. ESG in the News Teneo’s U.S. GA and Governance teams have published a brief “Who’s Down With ESG? The US Midterm Elections and the Future of ESG Investing.” The brief provides views on the…
A slew of global meetings was held in Southeast Asia in November, which saw the return of face-to-face diplomacy after the pandemic put a hold to traditional diplomatic meetings for almost three years. Over 12 days, key global leaders converged in Southeast Asia for the ASEAN Summit, G20 Summit and…
With the 2022 midterm elections nearly in the rearview mirror, has the momentum towards ESG shifted, or is the backlash that was growing around ESG still gaining ground? The meteoric rise of ESG over the past several years was predicted to receive pushback at the hands of a Republican Congress.
Our bi-weekly spotlight explores key ESG-related market developments and their implications for corporates and investors. ESG in the News Vanguard Group is planning a trial in 2023 to give retail clients more say over how their shares are voted at corporate meetings. The firm becomes the latest large money…
With the fallout of the previous Prime Minister’s ‘mini-budget’ still fresh in the mind, and the cost-of-living crisis continuing to hurt household incomes, today’s Autumn Statement needed to please political pundits and the financial markets alike. Given this economic context, today’s statement by the Chancellor is the most important since…
Executive Summary Leadership is widely acknowledged as the most important internal determinant of a firm’s performance. This also holds true for Private Equity (PE), where the calibre of portfolio company leadership is cited as the number one reason for deal success1. Whilst it is very difficult to directly quantify the…
