Apache Corp., the third-worst performer this year among peer oil and natural gas producers, said target compensation for its chief executive officer was cut by 18 percent compared with reported 2012 compensation.
Once dismissed by Wall Street as a feel-good fad, “sustainable and responsible investing” has gained momentum, today attracting nearly one in every nine dollars under professional management in the United States.
BSG Resources Ltd., the mining company controlled by Israeli billionaire Beny Steinmetz, called on U.K. Prime Minister Tony Blair to help get two of its employees released from “illegal detention” in Guinea.
More than 11 percent of investments under U.S. professional management were selected for companies’ financial performance and their social and environmental responsibility in 2012. That’s $3.74 trillion of the $33.3 trillion in investments scanned for environmental, social and governance criteria (known as ESG), according to a November report by the U.S. SIF Foundation.