US Shareholder Voting On Environmental & Social Issues Continues To Increase. – [COMMENTARY] “Environmental and social issues were at the top of shareholders′ attention during the 2011 proxy season, according to Ernst & Young (E&Y). About 40% of all resolutions that proceeded to a vote revolved around environmental and social issues, up from 31% last year, marking the second year in a row that these resolutions comprised of the largest portion of shareholder proposals that came to a vote, according to the consultancy firm′s 2011 proxy season update.” This illustrates the increasing influence of green-ethical investors on corporate behaviour!
US shareholders fixate on environmental and social issues, by Gloria Gonzalez, August 2, 1022, Environmental Finance, UK.