ESG Newsletter – FY2023 Q3

The 2023 proxy season saw a significant increase in ESG-related proposals, constituting 55% of the 889 submissions, with social issues being the dominant theme. However, support for social and environmental proposals declined compared to previous years. It raises questions about the future trend of ESG-related proposals and whether support will return to previous levels or continue to decline.
The consequences of this trend could involve voters becoming more selective in assessing the cumulative versus additive effects of those measures.

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ESG Team

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