Since the 1970s, some shareholders of publicly traded companies have used “shareholder proposals” as a form of activism to encourage more responsible corporate behavior and to raise concern on issues that a company may not be adequately managing. Proposals can include demands that companies divest from certain funds or entities, uphold codes of conduct, improve disclosure on environmental and social topics, or make tangible commitments to improving business practices.
In 2023, shareholder activism saw a steady number of…
