The “S” in ESG is getting attention from shareholders this proxy season. Race-related shareholder proposals saw significant growth in the first half of 2022, with more proposals filed on racial issues than in all of 2021.
There have been not only more of these proposals in H1, but also a greater variety: Shareholders supplemented racial equity audit proposals with civil rights and racial impact/justice audit proposals. And those efforts paid off—approval rates for race-related shareholder proposals are up from 2021.
More Shareholder Proposals
Shareholder proposals for racial equity audits and other race-related audits have already surpassed 2021’s counts in H1 ...
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