A review of top US companies from the Sustainable Investments Institute and partners As You Sow and Proxy Impact identified 34 majority votes this year for proposals regarding environmental, social and corporate governance, or ESG, issues. That's well above last year's record of 21 (and the number could keep growing). Read More →
Read MoreRoughly 20 companies face such proposals this year, including eight banks, Johnson & Johnson, Foot Locker and Monster Beverage, according to the 2021 Proxy Preview produced by Si2, As You Sow and Proxy Impact. In short, the resolutions ask these companies to report on how their business practices harm people of color and what they plan to do about it. Read More →
Read More“2020 showed us that ‘business as usual’ no longer exists. Shareholder proponents expect escalated action and not just words,” Andrew Behar, CEO of As You Sow and publisher of the report, said in a statement. “The 2021 proposals offer ideas for transforming the deep-rooted challenges that threaten businesses and the entire global economy, including climate change and systemic racism.” Read More →
Read More“As You Sow, has been offering proxy voting guidelines for many years,” Andrew Behar, As You Sow's CEO, said in a statement. “The guidelines have always been suggestions on how a progressive foundation or impact investor might want to vote…” Read More →
Read MoreBlackRock Inc. shocked Wall Street in January when CEO Larry Fink announced that the wealth mammoth was overhauling its investment strategy and putting sustainability at its core. Read More →
Read MoreReferring to a recent policy change by the Business Roundtable to endorse stakeholder capitalism, driven in part by shareholder advocacy, As You Sow CEO Andrew Behar said in the same statement that the 2020 proxy season "will test if investors and companies will help define a new economic paradigm or if these endorsements are just empty words." Read More →
Read MoreU.S. companies were more willing to engage with shareholders on certain environmental and social proposals this proxy season — a trend proponents hope will continue.
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