The number of shareholder proposals filed at US companies on workforce diversity has doubled this year to a record 69, driven by the growing focus on racial injustice after the killing of George Floyd last May and the impact of the Black Lives Matter movement.
The numbers have been published in the latest annual overview of voting trends and proposals at US companies from non-profits As You Sow and the Sustainable Investments Institute and proxy services provider Proxy Impact.
As well as racial injustice, this year’s Proxy Preview flags lobbying - particularly on climate - the response to Covid-19 and the new Say on Climate campaign as major themes for investors.
On workforce diversity, the Office of the New York City Comptroller alone has filed 24 proposals this year, pushing companies to publish the annual disclosures they make to the US Equal Employment Opportunity Commission on race, gender and ethnicity.
The Comptroller, who oversees…