In Responsible Investor, Michael Littenberg Discusses Post-Election SEC ESG Shareholder …
In a recent article on Responsible Investor, partner Michael Littenberg, who heads the firm’s ESG, CSR, and Business & Human Rights practice, delved into the U.S. Securities and Exchange Commission’s (SEC) stance on ESG shareholder proposals following the recent election.
Under the first Trump administration, the SEC allowed companies to exclude shareholder proposals related to environmental, social, and governance (ESG) issues. Michael predicts that in the second Trump administration, we may see an SEC that is more open to allowing companies to exclude these types of proposals.
It will be interesting to see how this plays out, but it’s clear that the regulatory landscape for ESG issues is evolving. Stay tuned as we keep you updated on the latest developments in this space.
