Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
With over 30 practice areas, we have all bases covered. Find out how we can help
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Regulatory, business information and analytics solutions that help professionals make better decisions
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
A similar resolution has also been proposed (by the same coalition of investors) for the AGM of Royal Dutch Shell plc (Shell), to be held on 19 May 2015.
The 'Aiming for A' coalition is a grouping of asset owners and mutual fund managers from both the UK and abroad and includes the £150bn Local Authority Pension Fund Forum and the largest members of the £15bn Church Investors Group, as well as various charitable foundations and individuals. The coalition came together in 2011/12. Its stated aim is to undertake in-depth engagement with the ten largest UK-listed extractives and utilities companies, with a particular focus on the companies' climate performance (including promoting climate change mitigation, adaptation and transparency). The coalition's name is a reference to the 'A' carbon performance band (based on the A to E performance measure assessed by CDP). By way of example, BP reached a 'B' performance band in 2014.In its statement in support of the BP AGM resolution, the coalition explains that the reasons for it coming together range from systematic risk management and a 'collective fiduciary duty to engage in economic transformation' through to 'amplifying longer-term investor voices and involving ultimate beneficiaries'.
requisitioning procedure outlined in s 338(1), which provides that:
'...members of a public company may require the company to give, to members of the company entitled to receive notice of the next annual general meeting, notice of a resolution which may be properly moved and is intended to be moved at that meeting.'
Access this article and thousands of others like it free by subscribing to our blog.
Read full article
Already a subscriber? Login
0330 161 1234