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2021 proxy season marked “new era” of shareholder support for ESG issues

All Things Sustainable

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The Trends in Shareholder Resolutions This Year

You can't get majority votes unless you have mainstream mutual fund support. So when BlackRock and others of its ill started supporting climate disclosure, the votes went up. In this year, there was a pretty important campaign from the New York City Comptroller asking companies to release EEO1 data. And interestingly, at Tesla, which just released its voting results today, the mandatory arbitration proposal got 46.4%.

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