Conservative Investors Face Uphill Battle in Shareholder Actions Against ESG

Consumer’s Research study finds that for every conservative-aligned shareholder proposal there are 12 liberal-aligned proposals

ESG stands for environmental, social, and governance. Deemerwha studio/Shutterstock

News analysis

Despite a recent rise in corporate shareholder actions by conservative investors, the campaign to arm-twist corporations on political and social topics is still overwhelmingly the domain of left-wing activists, often with the support of government agencies like the Securities and Exchange Commission (SEC), according to a new study by Consumers’ Research.