The 2016 US proxy season saw social and policy questions form the majority of shareholder proposals.
Environmental concerns top the list of reasons for shareholder proposals in the US, a review of investor activism in the 2016 proxy season has found. The research, undertaken by the Manhattan Institute, concludes: "Shareholder activism related to social and policy concerns is up. In 2016, a majority of all shareholder proposals involved social or policy concerns with an attenuated connection to share value." In total there were 59 shareholder proposals on environmental issues, 16 on employment rights, 13 on human rights and another 13 on further social policy topics. The report concludes that 2017 may see shareholder activity on environmental concerns increase to compensate for the lack of interest in climate change inside the