Failed Director Elections and Climate Change Proposals on the Rise

As predicted in our 2021 Proxy Season Preview report, look for continued opposition to director elections at smaller companies and increasing support for shareholder proposals on environmental issues at larger companies.

While the recent director election contest at ExxonMobil has received significant media attention, most failed director elections occur at smaller companies – and the number of companies with failed director votes has increased over time. According to our ESG Advantage Benchmarking Platform – a powerful tracking and benchmarking tool available to