No Result
View All Result
SUBSCRIBE | NO FEES, NO PAYWALLS
MANAGE MY SUBSCRIPTION
NEWSLETTER
Corporate Compliance Insights
  • Home
  • About
    • About CCI
    • CCI Magazine
    • Writing for CCI
    • Career Connection
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Explore Topics
    • See All Articles
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Well-Being at Work
    • Leadership and Career
    • Opinion
  • Vendor News
  • Library
    • Download Whitepapers & Reports
    • Download eBooks
    • New: Living Your Best Compliance Life by Mary Shirley
    • New: Ethics and Compliance for Humans by Adam Balfour
    • 2021: Raise Your Game, Not Your Voice by Lentini-Walker & Tschida
    • CCI Press & Compliance Bookshelf
  • Podcasts
    • Great Women in Compliance
    • Unless: The Podcast (Hemma Lomax)
  • Research
  • Webinars
  • Events
  • Subscribe
Jump to a Section
  • At the Office
    • Ethics
    • HR Compliance
    • Leadership & Career
    • Well-Being at Work
  • Compliance & Risk
    • Compliance
    • FCPA
    • Fraud
    • Risk
  • Finserv & Audit
    • Financial Services
    • Internal Audit
  • Governance
    • ESG
    • Getting Governance Right
  • Infosec
    • Cybersecurity
    • Data Privacy
  • Opinion
    • Adam Balfour
    • Jim DeLoach
    • Mary Shirley
    • Yan Tougas
No Result
View All Result
Corporate Compliance Insights
Home Governance

Analysis: Shareholders Aren’t Swayed by Anti-ESG Efforts — Yet

Political backlash against ESG extending into proxy season?

by Staff and Wire Reports
June 15, 2023
in Governance
ron desantis

Florida Gov. Ron DeSantis is among state leaders who appear to be spoiling for a fight over the SEC's expected ESG rules.


Shareholder proposals focusing on ESG matters have gone up for the fourth straight year, according to a 2023 proxy season analysis by governance consultancy Georgeson.

While the analysis found that a record 951 ESG shareholder proposals have been submitted so far in the 2023 proxy season, the year-over-year increase was much smaller than in previous seasons and — most notably — anti-ESG proposals have surged.

Anti-ESG proposals, mostly focusing on the social side of ESG, have so far accounted for about one in 10, which is double their share from the previous season. However, while they’re increasingly being pitched, anti-ESG shareholder efforts haven’t gained traction: None of the 31 that went to a vote this season have passed.

Stocks going down over woods
Governance

How Long Can Anti-ESG, Pro-Business Forces Get Along?

by Andrew Herman and Michelle McClafferty
May 17, 2023

ESG-driven initiatives in the corporate sector continue to expand. In response, controversial policy proposals are gaining traction in statehouses around the country, along with the newly formed Anti-ESG Alliance, a collection of 19 states pledged to protect their constituents from what the group calls a radical movement.

Read moreDetails

Shareholder angst over ESG reflects a broader political wave in the U.S. that’s seen several states adopt anti-ESG policies.

Still, with the annual general meeting (AGM) season coming to a close at the end of June, the number of ESG proposals winning majority support from shareholders is on track to drop considerably from last year. Through the same time period in 2022, 44 ESG proposals had passed; this year, that figure is just 24.

“Very high volumes of ESG shareholder proposals for four consecutive years suggests that investors’ focus on environmental, social and governance issues represents a lasting trend,” Kilian Moote, managing director at Georgeson, said in a news release. “Diminishing investor support for such proposals seems to reflect a higher volume of proposals that address more prescriptive actions, which are therefore less likely to receive majority support.”

Georgeson’s analysis covers Russell 3000 AGMs where shareholder voting took place between July 1, 2022 and May 12, 2023.


Tags: ESG
Previous Post

GRC Software Provider SureCloud Names New CEO

Next Post

Philips FCPA Enforcement Action

Staff and Wire Reports

Staff and Wire Reports

Related Posts

polluted water

PFAS Reporting Window Delayed, but Waiting to Act on ‘Forever Chemicals’ Could Be Risky

by Cally Edgren
June 9, 2025

Technical issues on government portal give companies short reprieve

green sprint racers on a track

‘Green Sprint’ Your Way Past ESG Backlash

by Marga Hoek
May 21, 2025

As ESG programs face growing critique, organizations need practical approaches that deliver measurable results. Business sustainability expert Marga Hoek introduces...

eu flags brussels

EU’s Regulatory Retreat? The Omnibus Package’s Impact on Sustainability Reporting

by Jon Solorzano, Kelly Rondinelli and Jacob Baltzegar
April 28, 2025

Extended timelines and reduced requirements offer relief as substantial reforms remain under consideration

data abstract green purple

66% of CISOs Worry Cyber Threats Are More Advanced Than Companies’ Defenses

by Staff and Wire Reports
April 25, 2025

US business sector falling behind in adoption of renewable energy

Next Post
Fox_Philips FCPA Enforcement Action_f

Philips FCPA Enforcement Action

No Result
View All Result

Privacy Policy | AI Policy

Founded in 2010, CCI is the web’s premier global independent news source for compliance, ethics, risk and information security. 

Got a news tip? Get in touch. Want a weekly round-up in your inbox? Sign up for free. No subscription fees, no paywalls. 

Follow Us

Browse Topics:

  • CCI Press
  • Compliance
  • Compliance Podcasts
  • Cybersecurity
  • Data Privacy
  • eBooks Published by CCI
  • Ethics
  • FCPA
  • Featured
  • Financial Services
  • Fraud
  • Governance
  • GRC Vendor News
  • HR Compliance
  • Internal Audit
  • Leadership and Career
  • On Demand Webinars
  • Opinion
  • Research
  • Resource Library
  • Risk
  • Uncategorized
  • Videos
  • Webinars
  • Well-Being
  • Whitepapers

© 2025 Corporate Compliance Insights

Welcome to CCI. This site uses cookies. Please click OK to accept. Privacy Policy
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • About
    • About CCI
    • CCI Magazine
    • Writing for CCI
    • Career Connection
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Explore Topics
    • See All Articles
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Well-Being at Work
    • Leadership and Career
    • Opinion
  • Vendor News
  • Library
    • Download Whitepapers & Reports
    • Download eBooks
    • New: Living Your Best Compliance Life by Mary Shirley
    • New: Ethics and Compliance for Humans by Adam Balfour
    • 2021: Raise Your Game, Not Your Voice by Lentini-Walker & Tschida
    • CCI Press & Compliance Bookshelf
  • Podcasts
    • Great Women in Compliance
    • Unless: The Podcast (Hemma Lomax)
  • Research
  • Webinars
  • Events
  • Subscribe

© 2025 Corporate Compliance Insights