ESG increasingly a top priority for consumer-facing businesses
In recent times, Environment, Social, and Governance issues (ESG) have become a significant priority for consumer-facing businesses.
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In a six-year dispute between Monster Energy Co and City Beverages, LLC d/b/a Olympic Eagles Distributing (Olympic), a judge sitting in the Central District of California has denied Olympic's motion to compel arbitration in a forum other than the Judicial Arbitration and Mediation Services (JAMS), finding that the JAMS' filing of two amicus briefs did not create reasonable doubt as to its partiality.
Institutional Shareholder Services (ISS) and Glass Lewis (GL) have published updates to their proxy voting guidelines that are focused on board diversity and other board composition issues as well as climate-related disclosure.
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