Shareholder support for abortion-related proposals this proxy season has slipped sharply amid an increasingly divisive landscape, but proposals seeking to ferret out details on corporate political lobbying remain relatively popular with investors.
Companies have faced dozens of shareholder votes in recent months over sensitive topics, including how they’re evaluating the risks that limited abortion access will have on their businesses, or how they’re protecting data that law enforcement officials could use to link a consumer to an abortion.
The dozen or so abortion proposals that went to a vote, at companies including UPS, PepsiCo and Coca-Cola, averaged 11.8% shareholder support ...
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