Investors are increasingly voting against the election of corporate directors to get companies they see as laggards on climate change to raise their ambitions.

So far this year, investors have cited climate change as a reason for opposing the election of a management-backed director at 225 U.S. companies, up from 157 in 2021 and 83 in 2020, according to shareholder disclosures. The preliminary 2022 data, which includes figures through July 7, was analyzed by Hannah Orowitz, U.S. head of environmental, social and governance at Georgeson LLC, which provides strategic shareholder services to corporations and shareholder groups.

More Investors Vote Against Corporate Directors Over Climate Change – WSJ