Equilar recently released its annual “Preparing for Proxy Season” report, based on analysis of the proxy statements including CD&A’s of the Equilar 100 companies (the 100 largest US companies by revenues) from 2020 through 2024. DFIN was asked to provide independent commentary for the report, adding insight and advice to the numbers.
Key data in the report includes:
- Trends in director, and Say on Pay, votes
- Trends in shareholder engagement disclosure
- Trends in ESG disclosure in proxies
- Trends in diversity of new director additions
- Trends in types of shareholder proposals (including breakdowns of environmental, social and governance proposals)
The commentary portion includes discussion of:
- Most pressing governance issues faced by companies
- Trends in disclosure including tips about “audience” and “unifying message themes”
- Proxy drafting teams continue to expand, and increasingly are utilizing DFIN’s secure, design-friendly, collaborative content management platform, ActiveDisclosure
- Links to additional relevant information including DFIN’s Guide to Effective Proxies, 12th Edition
