Environmental and social issues are being overwhelmingly ignored by proxy voters at company AGMs, according to findings from non-profit think tank Planet Tracker.
Planet Tracker found that despite an 80% increase in proposals submitted in annual shareholder meetings over last decade, environmental & social factors comprise only 7%. In an analysis of proposals submitted and votes cast from 2012-2021, Planet Tracker found that, despite a rising trend in ESG proposals over the last decade, the vast majority were for governance-related topics, and many of these to ensure compliance - such as approving minutes and auditors. Social and environmental factors, meanwhile, comprised only 5% and 2% of these proposals respectively. Redwheel hires abrdn's K...
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