Data

In Charts: Asset manager support for ESG shareholder resolutions slumps in 2023

BlackRock’s US headquarters. One of the ‘big four’ asset managers, along with Vanguard, Fidelity Investments and State Street Global Advisors, BlackRock has criticised “the poor quality of many shareholder proposals” (Photo: Michael Nagle/Bloomberg)

The proportion of environmental and social shareholder resolutions that get passed has fallen steadily since 2021

Non-profit ShareAction says just 3 per cent of environmental and social shareholder resolutions from 2023 that it has reviewed received majority backing, compared to 21 per cent of resolutions in 2021 and ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines.

Read Next:

Planting trees_forestry
Knowledge Hub, Policy & Regulation, UK
February 23, 2024

Including Woodland Carbon Code in UK ETS could boost prices and accelerate afforestation

A paper co-authored by academics at King’s College London and asset manager Foresight Group argues the case for expanding the UK’s Emissions Trading System to include afforestation 
Read more