• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, May 30
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

    May 29, 2025

    ‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

    May 29, 2025

    DeSantis Signs Bill Making Gold And Silver Legal Tender

    May 28, 2025

    John Deere Announces $20 Billion Plan To Build Up American Manufacturing

    May 28, 2025

    EV Startup Promised To Cut China Ties — Then Reportedly Shared US Data Anyway

    May 27, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»‘Wrecking Ball’: Support For ‘Woke’ Shareholder Proposals Drops As GOP Fights Back
Business

‘Wrecking Ball’: Support For ‘Woke’ Shareholder Proposals Drops As GOP Fights Back

June 9, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
MEXICO-US-BANKERS-CONVENTION-FINK
Share
Facebook Twitter LinkedIn Pinterest Email

Shareholders this year have expressed far less support for resolutions pushing companies to take action on climate change and social issues compared to last year amid Republican opposition, Bloomberg reported Friday.

In general, shareholder support for resolutions related to environmental, social and governance (ESG) issues fell to just 22% through Thursday, down from a peak of 33% in 2021, Bloomberg reported, citing data from the Sustainable Investments Institute. Republican pushback to ESG investment has been a “wrecking ball” contributing to a “striking” decline in shareholder support for ESG issues, Heidi Welsh, Executive Director of Sustainable Investments Institute, told the outlet. (RELATED: Meet The Investors And Activists Fighting To ‘Depoliticize’ America’s ‘Radically Left-Wing’ Corporations)

“It’s across the board that support has dropped,” she said. In addition to reduced shareholder support, the total number of ESG resolutions has also declined, from 283 at this time last year to 240.

Our Founding Fathers fought the American Revolution to declare independence from the Old World monarchy. It now rears its head again in the form of ESG and ‘stakeholder capitalism.’ The ESG question isn’t even a Republican vs Democrat question. It’s an age-old 1776 question.… pic.twitter.com/O6Y7zeBp4K

— Vivek Ramaswamy (@VivekGRamaswamy) June 1, 2023

Beyond GOP pressure — which saw red states pulling billions from and blacklisting financial institutions committed to ESG investing — shareholder resolutions have also gotten more aggressive, Rob Du Boff, senior ESG analyst at Bloomberg Intelligence, told the outlet. The U.S. Securities and Exchange Commission in 2021 eased rules limiting shareholders’ ability to make ESG-related proposals, prompting a significant increase in more extreme proposals.

See also  The Buenos Aires barber's books: a history of 19,900% inflation

“Looking at just the numbers, the support levels appear to be dwindling,”  Du Boff said. “But if you look at the substance of what major shareholders actually voted for this year versus three or four years ago, I don’t think very much has actually changed.”

Data from corporate consultancy firm Georgeson reflected similar results through mid-May, finding that shareholder support for environmental resolutions fell to just 25%, down from 43% through all last year, Reuters reported. Resolutions related to social issues saw even less support, falling to just 20% this year, continuing to fall from 26% in 2022 and 33% in 2021.

The broadly “dampening effect” on shareholder support for such resolutions typically indicates that shareholders found them to be too burdensome, Georgeson Strategist Kilian Moote told Reuters.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

Ball drops fights GOP Proposals Shareholder support Woke Wrecking
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025

John Deere Announces $20 Billion Plan To Build Up American Manufacturing

May 28, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Involuntary displacement of homeless people may cause significant spikes in mortality, overdoses and hospitalizations

April 10, 2023

Stocks making the biggest moves premarket: PENN, LYFT, WE

August 10, 2023

Mark Zuckerberg Spends Millions on Personal Security While Supporting ‘Defund the Police’ Movements

July 11, 2023

Jonah Hill’s Ex-Girlfriend Alleges The Actor Was Emotionally Abusive

July 10, 2023
Don't Miss

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

Business May 29, 2025

Consumers’ Research issued a “Woke Alert” on Thursday warning American shoppers that three European companies…

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025

John Deere Announces $20 Billion Plan To Build Up American Manufacturing

May 28, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,136)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,645)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Man Dies After Being Struck By Bull At Spanish Festival

September 26, 2023

Longtime Chiefs Offensive Lineman Ed Budde Dies at the Age of 83

December 20, 2023

IMF to Assess Sri Lankan Governance as Part of $3 Billion Bailout

March 21, 2023
Popular Posts

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.