New SEC guidance set to help science-based target proposals get through at US firms

US securities regulator issues new guidance on exclusion rules for shareholder proposals ahead of 2022 proxy season

The US Securities and Exchange Commission (SEC) has said that “going forward” it will not agree to exclude shareholder proposals calling for emissions reductions targets at US companies “so long as the proposals afford discretion to management as to how to achieve such goals”.

The…

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