proxy voting

Articles tagged “proxy voting

2 articles found

The Proxy Gap: How U.S. Public Pensions Are Failing to Vote on Climate Risk
The Insight

The Proxy Gap: How U.S. Public Pensions Are Failing to Vote on Climate Risk

A 2026 report from the Center for Climate-Aligned Finance reveals a critical oversight in U.S. financial risk management. An analysis of 25 major public pension funds shows that most supported fewer than half of climate-related shareholder proposals from 2023-2025. This underutilization of proxy voting—a key tool for investors—suggests a systemic failure to align fiduciary duty with long-term climate risk. The findings expose a disconnect between the recognized financial threat of climate change and the actionable governance strategies deployed by the stewards of public retirement assets, raising urgent questions about financial resilience and fiduciary responsibility.

Proxy Power Play: Why Investors Are Weaponizing Votes Against Directors Over Omitted Shareholder Proposals
Esg Assets

Proxy Power Play: Why Investors Are Weaponizing Votes Against Directors Over Omitted Shareholder Proposals

A significant shift is underway in U.S. corporate governance as institutional investors escalate a battle over shareholder democracy. Frustrated by companies using the SEC''s no-action process to omit proposals from proxy ballots, investors led by the Council of Institutional Investors (CII) are moving beyond letters of concern to direct action: voting against board directors. This article analyzes this strategic escalation as a response to a perceived erosion of the shareholder proposal mechanism. We explore the hidden power dynamics, the scrutiny of the SEC''s role as gatekeeper, and the long-term implications for director accountability, corporate transparency, and the balance of power between management and shareholders in public markets.