As the dust settles on the 2022 proxy season, the time is ripe for banks and other Financial Services institutions to explore investor sentiment arising from the annual roundtables. ESG remains a hot topic for public company stakeholders, with intelligence firm Georgeson finding 55% more ESG proposals voted on in the US compared with 2021. For financial institutions, the risk of litigation stems not only from their own direct activities, but also the implications of financing and investment decisions. The FS industry stands amidst a perfect storm of increased ESG public pressure, governmental action, regulation and litigation.
Against this backdrop, FRA authors James Norden and Simon Taylor have identified five key initiatives that financial institutions should seek to implement before 2023’s proxy season.
Read their full insights published in Global Risk Regulator here.