IRRC Institute – Sunday, February 12, 2012
A new analysis indicates that environmental and social (E+S) shareholder proposals are gaining increased voting support from investors at U.S. public companies. From 2005-2011, average support for these proposals more than doubled, from about 10% to more than 20%. At the same time, the proportion of shareholder-sponsored resolutions on E+S matters grew by a third, from about 30% to 40%, for all proposals going to a vote. Also, the proportion of higher scoring proposals increased as indicated in the chart below.