ESG

Earlier this month, the Harvard Law School Forum on Corporate Governance published an article by authors from Mayer Brown LLP analyzing ESG and anti-ESG shareholder proposals in the 2026 proxy season. The article frames anti-ESG proposals as merely “critical of” or “question[ing] the value of” ESG policies, rather than explaining the serious legal, financial, and reputational risks raised…

The state of Nebraska recently revised its approach to proxy voting after recognizing that a policy of automatic abstention was not neutral, but instead an abdication of fiduciary duty. Informed trustees and officials highlighted that abstaining reduces the total number of votes cast, effectively amplifying the influence of whatever position already holds majority support, which is…

Exxon Mobil’s decision to redomicile in Texas makes sense: 30% of its workforce is in the state, it’s been headquartered there since 1989, and there’s clear logic in being where the energy industry is. So, when shareholders voted earlier this month, the measure passed with 71.3% approval.  It passed over the explicit objections of ISS and Glass Lewis, the foreign-owned proxy advisory duopoly that…