In May 2023, the National Association of Manufacturers (NAM) successfully filed a motion to intervene in a federal case brought by the anti-ESG group the National Center for Public Policy Research (NCPPR) against the Securities and Exchange Commission (SEC), challenging a shareholder resolution No Action determination. The NAM motion opened a broader challenge to the SEC’s authority to provide guidance regarding whether shareholder resolutions could be allowed on a company’s proxy for a vote, claiming that this process violates principles of corporate First Amendment rights enshrined in the Citizens United ruling.
Read moreCorporate State Lobbying Remains a Black Hole
A Code for Corporate Political Spending Disclosure
Today’s headlines are focused on the threats to democracy fueled by the looming 2024 presidential and congressional elections. Far less attention is being paid to the corporate treasury dollars underwriting activities that imperil our democracy.
Read moreSmall Cap Companies have a role to play on Climate
In the United States alone, 23 different billion-dollar weather and climate disasters occurred, incurring more than $90 billion in damages in just the first eight months of the year. With these impacts cascading through corporate value chains, the business case for action on climate risk has never been clearer.
Read moreInvestors Leverage Shareholder Proposals for Just Transition Impact
As thousands of large companies make the transition to a net-zero emissions economy by reducing greenhouse gases, they must not only decarbonize but also consider the real impacts of changes in their operations on their employees and the communities where they operate.
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