Tag: State Street Global Advisors

Social Issues, Climate Change Lead State Street Global Advisors’ Asset Stewardship Agenda

Stuart Mitchell

State Street Global Advisors, the asset management business of State Street Corporation has announced the release of its Annual Stewardship Report, showcasing the results of its annual stewardship activities, highlighting year-to-date progress, and identifying key focus areas into 2020. “Stewardship is integral to our investment approach because we regard it is an essential aspect of fulfilling our fiduciary duty. We are committed to practicing proactive responsible stewardship across our entire asset base,” said Rick Lacaille, Global Chief Investment Officer at State Street Global Advisors. “While environmental, social and governance considerations…

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State Street Global Advisors Reports Fearless Girl’s Impact: More than 300 Companies Have Added Female Directors

Stuart Mitchell

State Street Global Advisors, the asset management business of State Street Corporation, today announced its latest impact figures for the Fearless Girl campaign, demonstrating continued progress for the firm’s gender diversity asset stewardship programs in the US, UK, Australia, Japan Canada and continental Europe. Since the introduction of Fearless Girl in 2017, more than 300 companies identified by State Street Global Advisors responded to the firm’s call by adding a female director and another 28 have committed to do so. In the United States alone the campaign continues to build…

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State Street Global Advisors Reports on “Fearless Girl” Impact on the First Anniversary of her Placement as More than 150 Publicly-Traded Companies Add Female Board Members

Stuart Mitchell

State Street Global Advisors, the asset management business of State Street Corporation, today announced that since the arrival of its Fearless Girl on Wall Street one year ago, 152 publicly-traded companies that the firm reached out to, through either its voice or its vote, that previously had no women on their boards, now have at least one female board member. “Our stewardship platform, exemplified by Fearless Girl, is making a significant impact,” said Rakhi Kumar, head of ESG Investments and Asset Stewardship for State Street Global Advisors. “Fearless Girl has…

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State Street Global Advisors use sculpture to try to tackle inequality

Stuart Mitchell
FearlessGirl1

The world’s third-largest asset manager, State Street Global Advisors – a nearly $2.5 trillion investor and unit within State Street Corp – have been working with marketing agency McCann New York. Together they have created a piece of art as part of its new campaign to pressure companies to have a better gender mix on their boards. On Tuesday, the eve of Internatonal Womens Day, they installed a bronze girl statue in front of the famous charging bull statue on New York’s Wall Street. The company is calling on the…

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