Only 21% of proposals that went to a vote were supported by shareholders, down from 35% in 2022.
Shareholder proposals filed by three funds contend that board diversity improves decisionmaking, transparency and accountability.
Fund manager Norges Bank Investment Management sided with Shell in rejecting a proposal to align greenhouse gas targets with the Paris agreement.
The city’s comptroller calls for disclosure of board members’ race and gender at Capital One, Las Vegas Sands, NextEra Energy and Caesars.
Shareholder proposals have been filed with Bank of America, Goldman Sachs, JPMorgan Chase and Royal Bank of Canada.
State comptroller calls for third-party audit to asses how retail giant’s policies affect equity, diversity, and inclusion.
