Click Here to View Full PDF The Stars Align for a Blockbuster Proxy Season We are delighted to report that concerns that a new SEC rule designed to restrict shareholder proposals on ESG issues have been overshadowed by overwhelming evidence that efforts to restrict the shareholder voice have backfired. A changed landscape at the Securities […]
2021 Annual Engagement Review Engagement Overview Click Here to View PDF First Affirmative’s proxy voting record continues to reflect our steadfast support for a just, sustainable economy, but the big news in proxy voting for 2021 is what other investors are doing! Investor support for key environmental, social, and governance (ESG) proposals has been slowly […]
Click Here to View PDF The Advocacy Long Game Media headlines, and even our own headlines, tend to emphasize the big advocacy “win”, but those wins are more often than not years (and even decades) in the making. We highlight the Bristol Bay campaign because collective action by like-minded investors is clearly making a difference-and […]
To View PDF Click Here Companies Feel the Heat from Record Support for ESG proposals Proxy season 2021 is winding down, most of the votes have been tallied, and First Affirmative is celebrating along with other activist investors — the outcomes are remarkable and record-setting. Highlights from Proxy Preview as of June 24 tell the […]
We’re proud to join 173 major investors, companies, individuals and nonprofits to call on @SEC_News and @USTreasury to mandate climate disclosure. #ClimateDisclosureNow https://bit.ly/3igvL7J. This mission helps protect investors from risks – including the systemic and financial risks associated with the climate crisis.
We give your values a voice through our active Shareowner Advocacy program. We vote your clients’ shares and advocate with businesses and policy leaders for meaningful change. Being a signatory on this recent statement represents another step in a decade-long effort by investors to press for effective methane regulation at the federal and state levels.
Reading the Tea Leaves for Proxy Season 2021 By Holly Testa | Click Here to View PDF The spring crush of annual shareholder meetings is upon us, and this year promises welcome and much-needed change that reflects increasing investor focus and concern with regard to environmental, social, and governance issues. We may well see record-breaking […]
First Affirmative Plays Matchmaker to Escalate Renewable Energy Adoption Sometimes the most effective engagement strategy is to make some introductions and get out of the way! We asked one of our portfolio companies to address our concern that their growing global data center energy footprint continues to be powered by fossil fuel sources. Our discussions […]
2020: Taking Stock of Shareholder Engagement during Disruption Last year garnered its own unfortunate but well-earned twitter hashtag: #2020worst. It brought us the onset of COVID-19, growing inequality as the stock market reached new highs and employment levels plummeted, rise of Black Lives Matters, ongoing political strife, a record year of natural disasters made worse […]
By Holly Testa | Download the PDF 2020 Proxy Voting Season? Better Than Expected! Investors and corporations have good reason to be distracted from routine events such as annual shareholder meetings this year. We were skeptical that participants in the process would prioritize their commitment to environmental, social, and governance issues, but we are happy to […]