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NEW YORK, N.Y., APRIL 23, 2019 – The ProxyPulse™ report released today shows that environmental, social, and governance (“ESG”) matters are gaining the attention of shareholders and public company boards.
“Support for shareholder proposals rose among institutional investors and retail shareholders, alike, to 43% of the shares voted,” said Chuck Callan, Broadridge SVP, Regulatory Affairs. “That’s a higher level than we’ve seen in recent years. The proposals spanned a wide range of topics, including board diversity, climate change, political contributions, voting rights, proxy access, and executive pay, among other topics.”
Voting results from 1,024 public company annual shareholder meetings held during the “mini proxy season” (July 1 and December 31, 2018) were released today by Broadridge Financial Solutions, Inc. (NYSE:BR) and the PwC Governance Insights Center, together with insights on the 2019 proxy season. The report can be found at: www.ProxyPulse.com.
Some specifics from this “mini proxy season” include:
About ProxyPulse
ProxyPulse is based in part on Broadridge’s processing of shares held in street name, which accounts for more than 80 percent of all shares outstanding of U.S. publicly-listed companies. Shareholder voting trends during a proxy season represent a snapshot in time and may not be predictive of full-year results.
ProxyPulse is a collaboration between Broadridge, the leading provider of investor communications solutions and the PwC Governance Insights Center, a group that supports directors and investors with governance knowledge. Visit ProxyPulse.com to access the full report.
About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with over $6 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, broker-dealers, asset and wealth managers and public companies. Broadridge's infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technology and operations platforms underpin the daily trading of more than $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries.
For more information about us, please visit www.broadridge.com.
About PwC US
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more than 276,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.
PwC refers to the US member firm and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.
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To contact media relations, please email us at mediarelations@broadridge.com.
