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Working Groups : Corporate Governance : Goals & Objectives

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Few issues outrage shareholders like skyrocketing executive compensation. A recent survey of pay for U.S. chief executive officers by Business Week noted that "while average exec pay plunged by a third, the median pay for our 365 CEOs actually rose by 5.9%, to $3.7 million." Learn more here.


 

 

Through dialogue and shareholder resolutions, the Corporate Governance Working Group challenges corporations to uphold ethical, social and financial standards in their operations and in their relations with shareholders and stakeholders. A corporation should:

  • Have a Board of Directors that is independent, inclusive, and transparent in its representations, practices and accountability;

  • Ensure that economic benefits are financially and socially equitable for all associates of the company; and

  • Ensure that its implementation of policies and practices includes environmental, social and financial transparency.

To this end, the Group’s work will focus on the following key corporate structures:

  • Boards of Directors,

  • Nominating Committees, and

  • Compensation Committees