Universal proxy will put more pressure on corporate insiders to engage on these proposals.

[E]nvironmentalists have been prodding P&G to make changes on forestry for several years.”These proposals are more powerful because they get more support,” said Nell Minow, vice chair of corporate governance consultancy ValueEdge Advisors, adding that recent regulatory changes make it easier for activist investors to nominate their own directors.”There’s a significant next step and that is going to turn the heat up on these conversations,” Minow said.

UPDATE 3-Environmental groups ask P&G investors to vote against CEO as board chair