In the 2022 proxy year, we observed significant and changing voting patterns, as detailed in Georgeson's 2022 proxy season review wrap up. Following our June 2022 Early Season Review, this report covers the full season through June 30, 2022 results. Topics you'll read about include:
941 shareholder proposal submissions, which significantly surpassed what was a record-breaking number in 2021. 562 proposals were voted this year.
86 ESG proposals passed.
Several types of shareholder proposals attracted majority support for the first-time, including racial equity and civil rights audits, sexual harassment concerns and gender pay equity.
Average support for director elections appears to be trending downwards.