Governance & Policy

Shareholder Resolution

A formal proposal by shareholders put to a company vote — the standard vehicle for ESG pressure at annual meetings.

Established · Editorial draft

Definition

A shareholder resolution is a formal proposal submitted by shareholders for a vote at a company's general meeting, under rules such as US SEC Rule 14a-8 (allowing holders of modest stakes to include proposals in the proxy statement) or equivalent national provisions. Resolutions are usually precatory (advisory), requesting disclosure or policy change; ESG topics — climate lobbying, emissions targets, human rights, diversity — have grown to dominate filings in recent proxy seasons.

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