Number of anti-ESG proposals may be rising but they are failing to win support, says Morningstar

In the 2024 AGM season, for the first time in more than a decade, shareholders passed 100% of FTSE 100 management resolutions.

Shareholder proposals in relation to artificial intelligence risks and disclosures will become more ‘prevalent’, warn analysts.

Recent rule changes and the ongoing ESG debate will mean increased complications for most US public companies.

A summary of AGMs for companies across eight European markets reveals a growth in participation and in ESG resolutions.

The 2016 US proxy season saw social and policy questions form the majority of shareholder proposals.