We are advocates for transparent markets, accountable corporations and responsible investments

PIRC is the UK's leading independent research and advisory consultancy providing services to institutional investors on corporate governance and corporate social responsibility.

Since 1986, it has been the pioneer and champion of good corporate governance within the UK. PIRC has a wide spectrum of clients ranging from pension funds, faith-based investors, trade unions to banks and asset managers. Its GovernancePlus service is an authoritative and vital resource for active investors, whilst its widely-read Shareowner Voting Guidelines provide a market-wide benchmark for investors and form part of the movement for corporate governance reform and long-term wealth creation strategies for responsible investors. For more information about PIRC or to arrange a meeting, contact Janice Hayward, or call us on 0207 247 2323.

Redrow SID sees big oppose vote

Well over a quarter of shareholders failed to back the re-election of Redrow senior independent director and deputy chair Alan Jackson at the company’s AGM this week.

According the company’s RNS release, there was a 24% vote against Brown’s re-election at the AGM. However, once abstentions are included the level of active support drops to just 72%. PIRC had recommended that shareholder abstain on his election due to concerns over his aggregate time commitments as he had missed 25% of all Audit Committee meetings during the year under review.

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