Investors fight SEC curbs on ESG motions

SEC Commissioners Lee, Jackson, Clayton, Peirce, Roisman in Sept19 from PA 16Jan20 575x375
By Jon Hay
16 Jan 2020

The latest battle in the campaign to weaken corporate governance standards in the US is being fought over rule changes that would make it harder for investors to propose motions at shareholder meetings. The ‘proxy advisers’ so central to US governance also face new restrictions.

A crucial issue in the debate is how much importance large investment firms place on shareholder motions as a means of engaging with companies about environmental, social and governance (ESG) performance. 

Some big investors such as BlackRock have been traditionally wary of motions, voting against many of them and ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.