The convergence between more traditional concerns about how companies are governed and social and environmental topics continues. This interest is expressed in proxy season in resolutions about how companies make their social and environmental policy decisions—and who is on the board to do so—as well as in proposals about how companies make themselves accountable to their investors on strategic sustainability issues. This section examines these issues, looking at board diversity, board oversight and sustainability disclosure, links to compensation and proxy voting policies at mutual funds.
There are 40 resolutions about boards, about one-third more than last year; 28 focus on board diversity and another 12 address a variety of board oversight matters. Two dozen concern disclosure—all but two of them asking for sustainability reports, while 10 ask for links between executive pay and different sustainability metrics and six concern proxy voting policies at big mutual funds.
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