US - The California State Teachers' Retirement System (CalSTRS) has put forward its first shareholder proposal since 2004, to pressure natural gas pipeline company ONEOK to report on its greenhouse gas emissions.
The US$165bn fund owns more than 1,940,000 shares and is asking the other 105,000 ONEOK shareholders to support its call for reporting on the feasibility of setting goals for reducing greenhouse gas emissions.
Jack Ehnes, CEO, CalSTRS, said: "As a shareholder, we believe it is in our mutual interests for ONEOK to take the necessary first step in addressing the issue of greenhouse gas emissions."
"The business risks from climate change are very real and are confronting us today, so taking this step is vital, because protecting the environment means protecting the bottom line," Ehnes concluded.
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.