Climate Director Voting by Asset Managers and Proxy Advisors and What Their Clients Can Do About It

Climate Director Voting by Asset Managers and Proxy Advisors in 2023 – and What Their Clients Can Do About It Webinar Recording on November 14, 2023.

In the hottest year on record, asset owners are becoming increasingly active in protecting their portfolios against the escalating threat of climate risk. But where do their managers and proxy advisors stand?

The fifth annual edition of Majority Action's Climate in the Boardroom report analyzes the track record of the 16 biggest global asset managers and (new this year) the two major proxy advisors on a powerful proxy voting tool for mitigating climate risk -- voting to hold directors accountable at misaligned portfolio companies.

Please watch to learn more about the report and learn what clients can do to make a difference on proxy voting outcomes to mitigate systemic climate risk.

Climate in the Boardroom 2023 (located at majorityaction.org) analyzes the 2023 proxy voting track records and policies of the world’s 16 largest asset managers, as well as proxy advisors Institutional Shareholder Services (ISS) and Glass Lewis. Asset manager proxy votes and proxy advisor recommendations were evaluated at those companies most misaligned with the Climate Action 100+ Net Zero Benchmark indicators in the energy and utilities sectors, plus financial services companies with worst-in-class emissions reduction targets and fossil fuel exclusion policies.

For questions, or to engage with us, please contact [email protected].