“There was a slight increase in shareholder support for management resolutions: Average support rose to 95.6% in 2025, from 95.0% in 2024 and 95.1% in 2023… Average support for shareholder resolutions on governance remained steady at around 30%… Meanwhile, average support for environmental and social, or E&S, shareholder resolutions fell from 18.8% in the 2023 proxy year to 11.6% in 2025.”

[COMMENTARY] The Trump Administration’s negativity on the environment and ESG has hurt related proxy resolutions in the US.
US Proxy-Voting Trends: 2025 in Review, by  Lindsey Stewart, Morningstar, Inc., February 14, 2026, Harvard Law School Forum on Corporate Governance, USA.