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Top related persons:
Akio Toyoda - 1 Toyoda - 1 Kentaro Shibata - 1 Kazunori Suzuki - 1 Anders Schelde - 1 Denmark's - 1 AkademikerPension - 1 AkademikerPension's Schelde - 1
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TOKYO New York Japan Toyota
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Toyota - 1 Nikkei - 1 Waseda Business School - 1 Tokyo - 1 Exchange - 1 Services - 1 International Paralympic Committee - 1 Sumitomo Mitsui Financial Group - 1

Search resuls for: "Anders Schelde"


3 mentions found


☆ Toyota to face governance challenge at shareholder meeting
  + stars: | 2023-06-13 | by ( Makiko Yamazaki Maki Shiraki | Makiko Yamazaki | Maki Shiraki | ) www.reuters.com   time to read: +6 min
TOKYO, June 13 (Reuters) - Toyota (7203.T) faces an unprecedented challenge at its annual shareholder meeting on Wednesday, with some pension funds voting against Chairman Akio Toyoda on governance issues, while seeking more disclosures on the Japanese automaker's climate lobbying. Two prominent U.S. proxy advisers have flagged concern about Toyota's board independence. The step comes as companies across Japan face more pressure from investors, especially on environmental, social and governance (ESG) issues. The strong financial performance has meant concerns about board independence have largely been shrugged off, said Kazunori Suzuki of Waseda Business School. He enjoys strong support from individual investors and the many suppliers and Toyota group companies among its shareholders.
Persons: Akio Toyoda, Toyoda, Kentaro Shibata, Kazunori Suzuki, Anders Schelde, Denmark's, AkademikerPension, AkademikerPension's Schelde, Nicholas Benes, Benes, that's, Makiko Yamazaki, Maki Shiraki, Daniel Leussink, David Dolan, William Mallard, Clarence Fernandez Organizations: Toyota, Nikkei, Waseda Business School, Tokyo, Exchange, Services, International Paralympic Committee, Sumitomo Mitsui Financial Group, Training, of Japan, Nissan, Honda, Reuters, Thomson Locations: TOKYO, New York, Japan, Toyota
☆ Toyota shareholders submit proposal on climate disclosure, in test for new CEO
  + stars: | 2023-05-10 | by ( David Dolan Daniel Leussink | David Dolan | Daniel Leussink | ) www.reuters.com   time to read: +4 min
Toyota's board on Wednesday recommended that shareholders vote against the resolution, to be put to the company's annual general meeting in June. On Wednesday Toyota said it expects a five-fold jump in pure electric vehicle (EV) sales this business year. "We need concrete policy changes and a better annual review drawing on independent data to calm international investors." LONG ENGAGEMENTIt will be the first time that Toyota faces such a climate-related resolution at its annual general meeting, the funds said. It first planned to submit a shareholder proposal in 2021, but withdrew that after it received assurances that Toyota would review its climate lobbying.
☆ Exclusive: Climate row roils U.N.-backed group of insurers and pension funds
  + stars: | 2023-03-31 | by ( Virginia Furness | Industry Insight | Reuters Professional | ) www.reuters.com   time to read: +4 min
LONDON, March 31 (Reuters) - A member of a United Nations-backed coalition of insurance firms and pension funds seeking to tackle climate change told Reuters it was considering quitting after disagreements about curbing investment in the oil and gas sector split the group. The row is the latest in a string of policy splits among major climate coalitions of financial firms. AkademikerPension wanted the position paper to state that NZAOA members should only invest in public equities or corporate bonds when the companies involved are no longer investing in exploration for new oil and gas. German insurer Munich Re (MUVGn.DE) said earlier on Friday it was withdrawing from another alliance of insurers focused on reducing carbon emissions to avoid antitrust risks. "I think it's going to be extremely difficult for a plaintiff, even a government enforcer, to prevail on an antitrust theory of harm," said Mitnick.
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