The Rundown: Everything You Need To Know About Conservative Activist Shareholder Proposals
Right-wing political groups are making a habit of targeting corporate shareholders in efforts to roll back environmental and social initiatives in the private sector.
At Disney’s annual general meeting (AGM) in April, for example, shareholders were asked to vote on proposals questioning its political donations as well as whether its corporate health insurance should cover gender-affirming treatment (both proposals were rejected).
Later this month, activists will target retailer Kohl’s with a proposal to set up a committee to question whether charitable donations to LGBTQ+ groups have harmed its bottom line, per the company’s 2024 proxy statement.
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