In advance of the 2020 proxy voting season, large investors have made some key updates to their proxy voting guidelines. Investors are increasingly willing to hold companies accountable for a lack progress on ESG issues and to reinforce their ESG priorities through the exercise of shareholder voting rights. This piece highlights some of these key updates.
As cannabis companies grow, they will need to attract the large pools of patient capital offered by institutional investors who are increasingly taking ESG into consideration in investment decision-making. This piece discusses some of the risks and opportunities faced by the industry and how company boards can advance ESG.
Institutional investors have significant influence on proxy voting outcomes. But do companies understand how their institutional investors actually vote their shares? This piece offers important insights into the proxy voting process and how investors actually exercise their voting rights as part of their overall approach to ESG.
The terms “ESG” (Environmental, Social and Governance) and “CSR” (Corporate Social Responsibility) are often used interchangeably. However, they are distinctly different and it is important for companies to understand the difference given investors' focus on ESG. This piece clarifies the difference between the two terms and the implications for companies with respect to reporting and oversight of material ESG factors.