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☆ Arjuna Capital's racial and gender pay scorecard: Starbucks and Target get perfect scores
▼ + stars: | 2024-03-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArjuna Capital's racial and gender pay scorecard: Starbucks and Target get perfect scoresNatasha Lamb, Arjuna Capital CIO, joins 'Money Movers' to discuss how the company collects its data for its racial and gender pay scorecard, whether pay equality measures are a function of how many senior positions are held by diverse candidates, and more.

Persons: Arjuna, Natasha Lamb Organizations: Starbucks, Target, Arjuna Capital

☆ Exxon Sues to Prevent Climate Proposal From Getting a Shareholder Vote
▼ + stars: | 2024-01-22 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

Exxon Mobil is suing two activist investors to prevent their proposal calling for emissions cuts at the oil giant from going to a vote of shareholders. In a complaint filed in U.S. District Court for the Northern District of Texas on Sunday, Exxon accused the investors, Arjuna Capital and Follow This, of abusing the process for proposing shareholder votes to advance their priorities with votes “calculated to diminish the company’s existing business.”Arjuna filed a proposal in December for a nonbinding resolution that urged Exxon to accelerate its plans to reduce its carbon emissions and expand the scope of the emissions it measures to include its suppliers and customers. Follow This joined in support of the proposal shortly thereafter, according to the complaint. The proposal “does not seek to improve ExxonMobil’s economic performance or create shareholder value,” Exxon said in the complaint, but is instead “constraining and micromanaging” the company’s operations.

Persons: Arjuna, ” Arjuna, Exxon Organizations: Exxon Mobil, Northern, Northern District of, Exxon Locations: U.S, Northern District, Northern District of Texas

☆ U.S. oil giant Exxon Mobil sues activist investors to prevent climate proposals
▼ + stars: | 2024-01-22 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

ExxonMobil CEO Darren Woods speaks at the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023. Exxon Mobil filed a lawsuit against U.S. and Dutch activist investors in a bid to stop them from submitting climate proposals during the oil giant's annual shareholder meeting. An Exxon Mobil win in the proceedings could have a chilling impact on future shareholder petitions. The Securities and Exchange Commission, the U.S. financial regulator, has overseen a growing number of environmental and social shareholder proposals during the past two proxy seasons. In an emailed statement, Exxon Mobil said "the breakdown of the shareholder proposal process, one that allows proponents to advance their agendas through a flood of proposals, does not serve the interests of investors."

Persons: Darren Woods Organizations: Economic Cooperation, APEC, Exxon Mobil, U.S, Northern, Northern District of, Arjuna, Securities, Exchange Commission Locations: Asia, San Francisco , California, U.S, Northern District, Northern District of Texas, Massachusetts, Amsterdam

☆ Sri Lanka's Theekshana out of Asia Cup final due to injury
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +1 min

Sept 16 (Reuters) - Sri Lanka spinner Maheesh Theekshana will miss the Asia Cup final against India after sustaining a hamstring injury during their win over Pakistan, the country's cricket board (SLC) said on Saturday. He bowled three more overs before being helped off the field during Sri Lanka's thrilling two-wicket win on Thursday. "If we didn't have a World Cup coming up, we would have somehow tried to get him ready for tomorrow's match. Washington Sundar is expected to join the India squad as cover for Axar Patel after the all-rounder sustained an injury in Friday's six-run loss to Bangladesh, cricket website Cricbuzz reported. He is expected to re-join the Asian Games camp after the Asia Cup final, the Cricbuzz report said.

Persons: Maheesh Theekshana, Sahan Arachchige, Arjuna de Silva, Washington Sundar, Axar Patel, Cricbuzz, Sundar, Hritika Sharma, Kim Coghill Organizations: Asia, India, Pakistan, ESPN, Asian Games, Thomson Locations: Sri Lanka, Colombo, India, Washington, Friday's, Bangladesh, Hangzhou, Hyderabad

☆ Nike investors reject pay equity, human rights proposals
▼ + stars: | 2023-09-12 | by ( Katherine Masters | ) www.reuters.com time to read: +1 min

[1/2] The Nike swoosh logo is pictured on a store in New York City, New York, U.S., September 4, 2018. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsNEW YORK, Sept 12 (Reuters) - Nike investors voted against two shareholder-led proposals during the sportswear giant’s annual meeting on Tuesday, according to a preliminary tally by the company. One of the resolutions, filed by Massachusetts-based investment adviser Arjuna Capital, called on Nike to provide more data on pay equity for female and minority employees. The company will disclose the final vote tally in a future U.S. Securities and Exchange Commission filing. Arjuna’s resolution on pay equity reporting failed for the second time since 2021 despite backing from proxy advisory firm Institutional Shareholder Services, which in August recommended that investors vote for the proposal.

Persons: Carlo Allegri, Arjuna Capital, John Donahoe, Katherine Masters, Josie Kao Organizations: Nike, REUTERS, U.S . Securities, Exchange Commission, Services, Reuters, Thomson Locations: New York City , New York, U.S, Massachusetts, Cambodia, Thailand

☆ Oppenheimer's famous quote 'I am become Death' isn't really his. The ominous words come from Hindu scripture.
▼ + stars: | 2023-07-20 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

J. Robert Oppenheimer watched the first atom bomb explode and thought, "Now I am become Death." That's right," Alan Robock, a climatologist and leading expert on nuclear winter, told Insider. The mushroom cloud of the Trinity nuclear test rises over the New Mexico desert. It was the first atom bomb explosion, ever. Similarly, the new film grapples with the question of how much Oppenheimer was (or wasn't) responsible for how the US used the atom bomb, and for the people it killed.

Persons: Robert Oppenheimer, Oppenheimer, Vishnu, —, Alan Robock, Christopher Nolan's, Prince, Kenneth Bainbridge, Rev, Stephen Thompson, Gita, Leslie Groves, J, Arjuna, Lord Krishna, Krishna, Thompson Organizations: NBC, Service, Manhattan, Trinity, National Security Research, Trinity Test, Wired Locations: Wall, Silicon, New Mexico, Hiroshima, Nagasaki

☆ India and China are buying new tanks designed to fight on one of the world's highest battlefields
▼ + stars: | 2023-07-02 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +8 min

Both countries are also investing in new light tanks designed for high altitudes and rough terrain. Consequently, India is planning to developing its own light tank to level the playing field. The Type 15A Type 15 tank on display at the Beijing Exhibition Center in October. NOEL CELIS/AFP via Getty ImagesChina has coped with these issues by deploying its Type 15 light tank, one of the few modern light tanks produced in the 21st century. India has tried on and off since 1983 to develop a new light tank but has never settled on a model.

Persons: —, NOEL CELIS, Arjuna, Ajay Aggarwal, hasn't, Danish Ismail, Narendra Modi's, Toubro, Zorawar Singh Organizations: Service, US Army, Bilderwelt, Beijing Exhibition Center, Getty Images, Abrams, Getty, Hindustan Times, Indian Ministry of Defense, REUTERS, Danish, India's Ministry of Defense, Larsen, Rolls Royce Locations: India, Bologna, China, Japan, Ladakh, AFP, Getty Images China, Russia, Western, People's Republic of China, New Delhi, Pakistan, Indian, Belgian

☆ Want to invest in companies that empower women? Here's what you need to know
▼ + stars: | 2023-03-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +8 min

Known as gender lens or gender equity investing, the idea is to invest for financial return, while promoting gender diversity. Yet those funds represent less than 0.01% of total equity fund assets in the United States, according to the firm. Her women CEO and CFO clients were getting tremendous results, she said. In January, the asset management firm launched the Hypatia Women CEO exchange-traded fund (WCEO). Women in leadership matters, but we need a more robust scorecard to assess gender equity.

☆ Woody Harrelson Can Play Anyone. It’s Being Himself That’s Hard.
▼ + stars: | 2023-02-27 | by ( David Marchese | ) www.nytimes.com time to read: +17 min

“I’m an A personality and a B facade,” says Woody Harrelson, and that’s as good an explanation for his charm and success as you’re likely to find. I don’t know. I could go hang off one of those big mountaintop-remover coal things, but that’s not going to stop it. I meet with the director, and I’m going to do it — they’re making it for like $500,000 — then the guy just goes with someone else! I have a gluttonous side, and I know that’s not going to help me be a spiritually better person.

☆ Microsoft will update harassment policy after report shows pitfalls in handling of complaints
▼ + stars: | 2022-11-15 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Microsoft on Tuesday said it would update sexual harassment and gender discrimination policies after a third-party report showed shortcomings in how the company deals with complaints. The report comes a year after Microsoft shareholders approved a proposal requesting that the board publish a review of workplace sexual harassment policies. Microsoft published a 50-page transparency report from ArentFox on Tuesday. "On July 7, 2019, Person A, a Microsoft employee, reported to Kathleen Hogan that Bill Gates had subjected her to inappropriate communications and conduct," the transparency report said. "In doing so, Person A made references to sexual harassment and the me too movement."

☆ Watch CNBC's full interview with Arjuna Capital Managing Partner Natasha Lamb
▼ + stars: | 2022-10-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Arjuna Capital Managing Partner Natasha LambArjuna Capital Managing Partner Natasha Lamb joins 'TechCheck' to discuss upcoming tech earnings, stocks with declining P/E multiples and selective positioning strategies for the sector.

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