US - The New York City Pension Funds, which hold nearly US$400m of shares in Google and Yahoo, have called on both companies to lay down standards for enforcing policies on freedom of internet access.
In a letter to both companies, NYC comptroller William Thompson said they should be acting to conserve the values of freedom of speech and expression in all countries.
“Technology companies in the United States have failed to develop adequate standards by which they can conduct business with authoritarian governments while protecting human rights, including freedom of speech and freedom of expression,” Thompson said.
The funds currently hold shares worth $276m in Google while the Yahoo shares have been valued at $111.
The five New York pension schemes filed shareholder resolutions with the companies over the past week.
In a statement Google said: "We, like our shareholders, place great importance on conducting business at home and abroad in an ethical and legal manner. The company planed to offer the funds’ resolution to its shareholders at its next meeting.
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point