February 12, 2021
The Oxford Business Review today covered ESGAUGE’s database of shareholder voting, highlighting findings on the growing demand for environmental disclosure.
“[T]hanks to the endorsement of larger institutions such as BlackRock, Vanguard, and State Street, support levels for climate-related proposals have been increasing, from 24.1 percent in 2019 to 31.6 percent in 2020,” the editors wrote. “Companies should therefore expect support for climate and other environmental proposals to continue to grow beyond specific sectors, such as the energy one. Unfortunately, many companies outside the energy industries are still lagging in disclosing information on their carbon footprint, design an emission-reduction strategy, and how they address the business risks resulting from global warming.”
Read the article at https://bit.ly/3rSKrvx
Learn more at esgauge.com
© Copyright 2020. All Rights Reserved