US shareholder reform proposals hit five-year low as support wanes
Decline driven by fall in environmental and social initiatives amid backlash against activist campaigns
Decline driven by fall in environmental and social initiatives amid backlash against activist campaigns

Trump administration has made it easier for boards to exclude resolutions on climate and social issues

Brussels cuts number of companies forced to comply and removes clause on climate plans for business

Investors question if some institutions rubber-stamp deals that could benefit other businesses

Securities and Exchange Commission could reshape corporate governance by making it harder for investors to seek changes

Political pressure in response to public anxiety will demand policy responses

Portfolio management should be based more on themes such as innovation