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Early Proxy Season 2024 Shareholder Proposal Stats

By Randi Morrison posted 04-02-2024 07:59 PM

  

Courtesy of Proxy Analytics, the table below summarizes proposals voted and the voting outcome of ESG-related shareholder proposals season-to-date. “New” proposals are those voted the week of March 10.

Just one proposal (request to eliminate a supermajority vote requirement), which did not garner majority support, was voted the week of March 17.

Compared to the same time last season, average support for E&S proposals is down about 7%, while average support for governance proposals is up by about 6%.

See also PwC’s “Shareholder proposals by the numbers” (p5) (comparing/contrasting proposals by category and subcategory 2022, 2023, and 2024 YTD) and additional resources on our Proxy & Annual Reporting Season 2024 page.

                                  This post first appeared in the weekly Society Alert!

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