American companies reject the number of shareholders

Stay in view of the free updates

Simply subscribe to Esg Investment Myft Digest – it is delivered directly to your inbox.

Companies rejected the votes for a record number of decisions during this agent season after the American organizers made it difficult for shareholders to request changes related to climate, diversity and workers’ rights.

The US Securities and Exchange Committee granted 195 requests to “not take action” to companies to rule out a Suggest shareholders From the agent of the agent this year compared to 147 in 2024. This is an increase of approximately 33 percent and the largest number of negligence since ISS-Corporate began to track data in 2007.

As a result, Amazon shareholders have never voted on a proposal to assess the company’s commitment to collective negligence of workers this year. The decision to ask the brands, Breweer of Corona and Modelo Beers, to reveal how you aim to comply with the climate goals of the agreement in Paris, did not reach the poll.

In February, the Securities and Stock Exchange Commission canceled directives issued by the Biden Administration, which facilitated the shareholders to submit environmental and social proposals that sparked issues of “broad social impact.” The new guidance has reduced the companies that seek to exclude such decisions. It came after many proposals were already submitted.

“The new message makes it easier for companies to say that the proposal is not material for the company or commercial operations so that they should leave the polling.” Esg center. “We can expect a greater increase next year.”

The rise in negligence contributed to the decrease in the shareholders’ proposals this year. The shareholders submitted 574 proposals this year at the S&P 500, a decrease from 746 in the previous year, according to the Conference Council/ESGAGE. The group also found that 57 percent of the deleted proposals were linked to environmental and social topics.

Although some companies have already submitted applications without taking action before reversing the Supreme Education Council, experts and those familiar with the industry say that the new guidance has contributed to a quieter and quietest agent season with fewer clashes on climate and Dei.

“It is definitely a sign that supporters are more cautious in terms of what they offer,” said Kosmas Papadubulus, head of sustainable sustainability at ISS-Corporate.

“Once the proposal is deleted, it puts a precedent and makes this type of complaint more difficult to proceed.”

ISS-CORPORATE found that 21 percent of environmental and social proposals were deleted this year, compared to only 9 percent last year.

“We had more overlooks this year more than previous years,” said Daniel Fujir, chief and chief advisor to the invitation group for investors.

The Constellation Committee allowed them to delete it while planting it to reveal how to reduce greenhouse gas emissions on the basis that the proposal sought to “The microscopic lead“The company.

Likewise, two of the three proposals submitted by the shareholders Association for Research and Education have been deleted this year, while it has not faced a problem in presenting similar proposals in previous years. The Securities and Stock Exchange Committee allowed the Amazon and Tesla to delete the proposals that requested an evaluation of their commitment to allow workers freedom of associations and collective bargaining.

Even ESG’s skeptical organizations have decreased environmental and social proposals from polling cards in the company this year. According to ISS-CORPORATE, 27 percent of the proposals submitted by ESG skeptics have been deleted this year compared to 13 percent in the previous year.

The proposal that the ABBIE pharmaceutical company requests how to cancel its advertisement for puberty on the company’s legal risks and reputation.

“The well -made proposals will continue.”

He said: “It may limit the types of problems that we can address through the shareholders’ proposals in exchange for perhaps having to use other tools such as the agent’s files or public relations campaigns.”

FUGERE is also optimistic that its organization will adapt to the 2026 agent season because the new SEC bases simply restore the previous guidance under the first Trump administration.

“We were here before,” said Fujir. “We will form our proposals in a way that we believe can raise issues while going to vote.”