‘The board should account for material sustainability risks’, says the wealth fund, ‘and social consequences of its products’.

Companies including Netflix and Apple faced proposals on artificial intelligence, with shareholder interest ‘expected to grow’.

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.

The number of shareholder proposals calling for a vote on severance packages has skyrocketed, finds proxy adviser ISS.

Shareholder proposals should not be used for “micromanaging” boards or drawing them away from their main responsibilities, the investment manager said.

Research reveals that average backing for shareholder proposals is on the rise, indicating that institutional investors are giving them more support.