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Proxy Season: Early Highlights and Emerging Themes | King & Spalding

Proxy Season: Early Highlights and Emerging Themes | King & Spalding
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How asset managers can improve their voting record on climate in 2021


Investor engagement on climate change has been gaining unprecedented momentum. 
A combination of extreme weather disasters, weakening revenues and asset write-downs at oil and gas companies, accelerating clean energy deployment and a new administration with ambitious plans for reducing greenhouse gas emissions is driving this increased investor engagement on climate change. As a result, more companies are disclosing climate-related material risks and sharing information about their transition plans to become net-zero businesses. 
Investors are engaging with companies as never before by pairing behind-the-scenes stakeholder dialogue with the one-two punch of filing and supporting public shareholder proposals. All with the goal of encouraging companies to disclose risks and align their business strategies with a net-zero emissions future, in line with keeping global temperature rise to no more than 1.5 degrees.  ....

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