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Tag: Shareholder Proposals

ESG Crisis: Remains of a Forest Fire

E and S, but not so much G

ESG Crisis: Remains of a Forest Fire

As the spotlight continues to shine ever brighter on environmental, social and governance issues at companies, ESG proposals from shareholders are enjoying record levels of support. At least the “E” and “S” proposals are. According to gover...

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Man writing on a paper

BlackRock Boasts of Sustainability Bona Fides

Man writing on a paper

BlackRock has for years been one of the most outspoken voices pushing public companies to act as responsible corporate citizens. In a bombshell letter to corporate leaders in 2018, founder Larry Fink described a new point of emphasis in how...

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Banks and Shareholders at Odds Over Racial Equity Audits

Banks and Shareholders at Odds Over Racial Equity Audits

Banks and Shareholders at Odds Over Racial Equity Audits

Last year, the consultants at McKinsey & Company set out to study racial equity in the financial sector. The firm’s report concluded that the industry gets dramatically whiter the further you go up the corporate ladder. McKinsey’s resea...

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Shareholder Proposals to Watch This Proxy Season

Shareholder Proposals to Watch This Proxy Season

Shareholder Proposals to Watch This Proxy Season

It’s awards season in Hollywood, where multiple Golden Globe wins by “Nomadland” have cast a spotlight on Amazon’s CamperForce program, a seasonal workforce of RVers and nomads. Meanwhile, it’s proxy season in the business world, where Amaz...

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Resistance to Corporate Diversity Initiatives is Likely Futile

Resistance to Corporate Diversity Initiatives is Likely Futile

Resistance to Corporate Diversity Initiatives is Likely Futile

After two decades, you could make a strong case that the dominant story in corporate America of the 21st century has been the growing influence of environmental, social and governance issues. Recent pushback against corporate diversity and...

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