Expect there to be a record number of ESG shareholder proposals this year with 924 submissions so far, compared to 837 in 2021 and 754 in 2020, according to data from Harvard, provided and analyzed by Georgeson, a proxy consulting service.
Why it matters: While environmental, social and governance activism activity continues to increase, shareholders (particularly institutional) are beginning to push back on proposals they see as being too prescriptive and aggressive.
