More conservative proposals were filed this proxy season by activists looking to bend the ears of CEOs on social issues, aligning with a political crusade to skewer “woke capitalism.”
Conservative or anti-ESG proposals have doubled this proxy season, according to consulting firm Georgeson Inc., which counted 52 such resolutions filed this year—double the 26 filed 2021. The proposals, targeting issues including racial justice and corporate donations, run parallel to calls by Florida Gov. Ron DeSantis and other Republicans to fight the environmental, social and governance movement.
The resolutions, most of which target major companies including
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