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ICEV mentioned in Pensions & Investments: Investors push back on S&P Global decision allowing dual-class shares

This piece by Pensions & Investments covers ICEV's disappointment with the "retrograde decision" by the S&P DJI to further enable companies with unequal voting rights to be included in its major indices.

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The article sets the scene as follows... "Asset owners in the U.S. and U.K. are pressing S&P Global to explain a recent decision to allow dual-class shares from some indexes, and backing some legislative fixes".

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The ICEV Steering Group is the governing body of ICEV. It is responsible for making strategic decisions regarding, and oversight of, the Coalition’s activities. Asset owner members of ICEV are eligible to apply to join the Steering Group, membership of which is decided by a simple majority of existing ICEV asset owner members. ICEV’s chair is responsible for the overall management of the coalition, which includes leading the assessment of potential engagement targets, fielding ICEV member input, scheduling meetings, initiating discussion during engagements and leading on external communications. ICEV’s vice chair is responsible for ICEV member growth and retention, and for the continuity of scheduled activity in the event of the chair’s absence. ICEV members actively help the chair identify prospective engagement partners as well participate in engagements themselves, should they wish to. ICEV members may abstain from participating in any ICEV letter or engagement for any reason.

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