What’s happening with shareholder proposals during proxy season?
2024 report
Trends & Updates From Proxy Season
What’s in this report from Freshfields:
The number of shareholder proposals continued to increase in 2024, with most proposals falling into the social category, according to Freshfields’ 2024 proxy season report.
The report highlights continuations of trends from last year, with more anti-ESG proposals, increased support for governance proposals and low levels of support for environmental and social proposals.
A few key findings:
- The number of known shareholder proposals in 2024 surpassed the record set in 2023.
- Only three environmental and social proposals received majority support, continuing the trend of E&S proposals receiving low levels of shareholder support.
- Executive compensation proposals expanded beyond say-on-pay and approval for company equity plans to touch new issues including director compensation.
