Source: Financial Times [UK]
“Companies denied votes on a record number of resolutions during this proxy season after US regulators made it harder for shareholders to demand changes related to climate, diversity and labour rights. The US Securities and Exchange Commission granted 195 ‘no-action’ requests for companies to exclude a shareholder proposal from its proxy materials this year compared with 147 in 2024. That is a nearly 33 per cent increase and the highest number of omissions since ISS-Corporate started tracking the data in 2007.” (08/03/25)