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Opponents of environmental, social and governance initiatives only managed to garner about 2% of investor votes in favor of their anti-ESG shareholder proposals last year, according to the EY Center for Board Matters. But such groups asserting that ESG is a distraction to maximizing profit and shareholder returns are persistent—as some of the first proxy statements of 2024 show.
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January 16, 2024, 10:47 AM