Increasingly, investors are using shareholder resolutions to encourage companies to address sustainability issues. In 2017, more than 40 percent of all shareholder proposals to large companies were on environmental and social issues. While most of these do not obtain a majority of shareholders’ approval, they often create awareness of possible areas for improvement in a company’s sustainability performance. Companies manage these shareholder resolutions in many different ways: complying without a formal vote, engaging the shareholder on mutually acceptable paths forward, or challenging the resolutions. Explore the pros and cons of these varying strategies—dive into the role of an investor and learn best practice tips from experts on all sides of the table on how to effectively manage shareholder resolutions at your company.
Partner, SEC Reporting and Compliance, Mergers and Acquisitions, Capital Markets and Corporate Governance
Skadden, Arps, Slate, Meagher & Flom LLP
Executive Director, Corporate Governance
New York State Common Retirement Fund