AGM season: UK companies continue to face climate proposals

19 climate-specific resolutions

In the 2022 AGM season, companies within the FTSE 100 faced 19 climate-specific resolutions, significantly more than their continental Europe peers.

Research from DF King, part of Link Group, showed after the UK, France was the nation with most climate resolutions with 11 and Switzerland followed with three. Germany had just one shareholder attempt on the topic, which DF King called "misguided and somewhat unique", while other countries, including Belgium, saw companies avoid the issue completely. The researcher said the numbers are likely explained by the "sectorial composition of the FTSE 100". Energy companies were most targeted for climate resolutions, followed by banks, real estate, commodities metals and mining, and investment ...