Signs of a slight bounce on environmental and social requests; negligible support for anti-ESG proposals falls further; growing interest in governance issues.
Investors pre-declaring voting intentions instinctively feels like a positive move, but there could be risks of unintended consequences if not done in a consistent way.
Data from Sustainable Investments Institute (Sii) shows proportion of resolutions withdrawn drops to below a third for the first time in seven proxy seasons.
Responsible Investor is anonymously asking stewardship professionals at European managers for input on the number and quality of sustainability-focused requests at corporates.