Beyond Unprecedented S2 Ep3: The Rise – and Results – of Shareholder Activism
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The coronavirus pandemic has unfolded alongside two other crises confronting the nation and the world – climate change and racial justice. That’s given energy to shareholder activists who are pressing corporations on the business risks posed by a warming planet and by the lack of diversity in corporate board membership. Engine No. 1, a small hedge fund, surprised Exxon by winning a proxy battle over climate risk. But it needed the votes from big institutional investors to do it. Are giant asset managers like Vanguard and BlackRock willing to get into the fray over climate and equity issues?
Anne E. Robinson ’94, Vanguard general counsel, joins co-hosts Professor Eric Talley and Research Fellow Kate Waldock '23 to talk about environmental, social, and governance (ESG) issues and the role of institutional investors in supporting shareholder proposals.
Business Organizations Law | Economics | Environmental Law | Law | Law and Economics
Ira M. Millstein Center for Global Markets and Corporate Ownership
Talley, Eric L.; Waldock, Kate; and Robinson, Anne E., "Beyond Unprecedented S2 Ep3: The Rise – and Results – of Shareholder Activism" (2021). Beyond Unprecedented Season 2. 1.