Review of ICCR's 2024 proxy season

Throughout the 2024 proxy season, ICCR members engaged in dialogues with companies to press for changes in policies and practices to mitigate harmful environmental and social impacts.

In 2024, there were nearly 400 shareholder proposals that were filed on a range of issues addressing climate change, worker rights and human rights, corporate governance, health equity, and supply chain issues. The outcome was 84 withdrawal agreements and some exciting new proposals, which ICCR has shared in their report Catalyzing Corporate Change 2024 which is available to download from their website.

The 2024 proxy season recap was shared in Catalyzing Corporate Change 2024

Once a proposal is filed, the company will often contact the proponents to negotiate a withdrawal to avoid a vote at the AGM. In 2024, 84 (or 21%) of proposals were withdrawn for agreement. (At the time of publication, negotiations were still ongoing for others.) Proposals referencing racial justice (16) and climate change (16) were the most frequently withdrawn for agreement, with human/worker rights close behind at 15 resolutions.

For a complete look at ICCR member successes during the 2024 proxy season, including outcomes at individual company AGMs, download the report.

----

2024: A case study

If you are relatively new to this process, you might find it useful to follow one full cycle of the proxy season through the lens of the work of ICCR. Here's how:

1. Watch the video, below, 'ICCR's 2024 Proxy Resolutions and Voting Guide Webinar' replay, and

2. Read the report 'Catalyzing Corporate Change 2024'.

This connects the resolutions and voting guide to the outcomes, demonstrating the value of this work.

Watch the 2024 replay here.

Learn more

To learn more and to find out how to get involved, visit the website of Interfaith Center on Corporate Responsibility here.