In today’s briefing:
- Adani Transmission – ESG Report – Lucror Analytics
- Rather More Proposals that Have to Be Considered for or Against on a Qualitative, Case-By-Case Basis
Adani Transmission – ESG Report – Lucror Analytics
Lucror Analytics’ ESG Scores are based on a 3-tiered scale and are adjusted for Controversies (if applicable).
We view Adani Transmission Limited’s ESG as “Adequate”, in line with the Environmental and Social pillars. Governance is “Weak”. Controversies are “Material”, but Disclosure is “Strong”.
Rather More Proposals that Have to Be Considered for or Against on a Qualitative, Case-By-Case Basis
- Domestic investment managers are expected to show a higher percentage in favor of shareholder proposals, but life insurances still face a high hurdle in voting in favor of shareholder proposals.
- It is relatively easy to decide for or against a proposal based on quantitative criteria such as the level of ROE or whether there are zero female directors.
- Few institutional investors adequately disclose the reasons for approval or disapproval of individual proposals. Disclosure of reasons for approval or disapproval is required for company proposals that are controversial.