2021 Proxy Season Review: Shareholder Proposals on Environmental Matters

corpgov.law.harvard.edu

気候変動に関する株主提案、主要な機関投資家の動き、ISSのサポートから取り下げする比率が高まっている。

VanguardがSay-on-Climateをどのように判断するか以下に記載

https://about.vanguard.com/investment-stewardship/perspectives-and-commentary/INSSAYC_052021.pdf

We evaluate Say on Climate proposals through a lens of
materiality and consider a wide range of criteria in our analysis,
including the reasonableness of the request, whether the
proposal addresses a gap in disclosure, and its alignment with
industry standards. In addition, we consider regional differences,
such as the binding nature of shareholder votes in the U.K. or
amendments to a company’s constitution related to shareholder
proposals in Australia.

日本、non-binding であればいいのに。