The “E” must go on

Issues discussed at AGMs are becoming more diverse with ESG matters taking up more space on the agenda. The last part of the ESG trilogy, authored by Stefan Björkman, CEO of Föreningen Konstsamfundet, discusses why it is important for investors to keep learning and pushing for change.

More urgent and immediate threats on our lives and livelihoods have pushed environmental issues lower in the global news feeds. Although more thoughtful observers stress how these other acute problems also partly link back to the environment, the focus on “E” is not as undivided as activists would hope.

Despite the decrease in global attention, environmental issues are very much the topic of the day in business and finance. Annual general meetings increasingly include proxy votes on all ESG matters. Even Warren Buffet faced a governance vote at home in Omaha. Social issues are slightly more in the spotlight given the pandemic but in addition to “G” and “S”, ”E”, mainly in the form of climate related issues, is clearly a part of the mainstream of an accelerating trend. A trend that has already fostered an anti-trend. Are these issues really for the AGMs? Like it or not, the
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