- Benzinga
Accenture, Toshiba Bond Over Carbon Emission Goals
Accenture plc (NYSE: ACN) collaborated with Toshiba Corp (OTC: TOSYY) to offer consulting services to support the green transformation (GX) efforts of the clients. The collaboration will target industries with high greenhouse gas emissions and other organizations with urgent needs to improve energy efficiency. Accenture will work with Toshiba to design and develop new sustainability services to push emission reductions, along with strategies and solutions for carbon neutrality. Toshiba aims to a
- Reuters
Tepco shares tumble 7% on reported interest in bid for Toshiba
TOKYO (Reuters) -Shares of Tokyo Electric Power Co (Tepco) fell more than 7% on Wednesday after a news report that the Japanese power utility is considering joining a state-backed fund to buy Toshiba Corp. Tepco is considering joining a partnership between state-backed Japan Investment Corp and Japan Industrial Partners to bid for Toshiba, and is eyeing the conglomerate's nuclear business, Bloomberg News reported. Tepco spokesperson Ryo Terada told Reuters it was not true.
- Reuters
Over 20% of Toshiba investors against activist fund execs, dissident director
Such a level of opposition to company-backed candidates remains rare in Japan, although cases of rejection are on the rise as shareholder activism has begun to take root. Last year, Toshiba shareholders voted out the then-board chairman in a rebuke of the company after it was found to have colluded with the government in suppressing foreign investor interests. External director Mariko Watahiki, who opposed the candidacy of directors from Elliott Management and Farallon Capital Management, saw 23% of shareholders vote against her.
