The 2025 shareholder resolution season is underway – but scaled back from previous years. Shareholders filed 355 environmental, social, and governance proposals as of February 21, 2025 – 34% less than the 536 such proposals in 2024.
Why is the number of shareholder resolutions down this year?
- Shareholders who filed resolutions in previous years decided not to file this year until they could assess the direction of the new Securities and Exchange Commission (SEC).
- The change in presidential administration has dramatically shifted policy at the SEC, which is excluding many more proposals now than in previous years.
- More companies engaged in dialogue with shareholders to avoid the need to vote on resolutions that could draw attention given the current political attacks on DEI and climate.
Still, there are many important shareholder resolutions to vote on in 2025, including:
- 85 proposals that address climate change
- 77 proposals on corporate political influence
- 52 proposals on environmental management
- 37 proposals on human rights
- 36 proposals on diversity at work
If you own company stock directly (not in a mutual fund), we urge you to vote your values on the company's resolutions.
Below you will find a list of 2025 shareholder resolutions as of February 21, grouped by company name and by issue. Please vote YES on resolutions that reflect your values.
Read your proxy ballots carefully and cast your votes to reflect your values. Here are quick tips on how to read a proxy ballot.
Resolutions By Company
Note: Resolutions that are anti-ESG and attack corporate progress on diversity, human rights and other important social issues are listed in red. If a resolution opposes ESG, please vote no.
Resolutions By Issue
New this year is a list of anti-ESG resolutions that attack corporate progress on diversity, human rights and other important social issues. . The number of anti-ESG resolutions continues to climb, this year accounting for 14.7% of all proposals. Please vote NO on any anti-ESG resolution. It is important that anti-ESG proposals are soundly defeated.
**Please note that each company's proxy ballot may not exactly match the shareholder resolutions we list here. This list is based on Proxy Preview, which is published in March. Often companies challenge shareholder resolutions at the SEC, or a resolution may be withdrawn by its sponsor. If that occurs after Proxy Preview goes to print, you may not see that resolution listed on the company's proxy ballot.
*Here are definitions of key abbreviations and terms you’ll see in our short descriptions of the shareholder resolutions:
*GHG = greenhouse gas
*Net-zero GHG emissions = “net zero means cutting greenhouse gas [GHG] emissions to as close to zero as possible, with any remaining emissions re-absorbed from the atmosphere, by oceans and forests for instance” – United Nations
*Paris-compliant = Ensuring that actions support the goal of limiting global warming to 1.5 degrees Celsius, compared to pre-industrial levels. U.N. Climate Change; The Paris Agreement
*Scope 3 = “….emissions a company is responsible for outside of its own walls—from the goods it purchases to the disposal of the products it sells? In fact, the majority of total corporate emissions come from Scope 3 sources,…” Greenhouse Gas Protocol
*ILO Labor Standards = International Labor Standards; United National International Labor Standards
Thanks to As You Sow, the Sustainable Investments Institute, and Proxy Impact, publishers of the 2025 Proxy Preview, for assistance in compiling the lists below that provide a sample of some of the key resolutions facing Corporate America.
Green America is proud to co-sponsor the 2025 Proxy Preview - download your free copy for information on important shareholder resolutions trends and upcoming votes.
As a share owner, you are a part-owner of the company, and voting your proxy is an important responsibility.
Learn about your shareholder rights! Shareholder Proposals: An Essential Investor Right, by the Shareholder Rights Group, Interfaith Center on Corporate Responsibility and US SIF, catalogues the role of shareholder resolutions in creating a powerful platform for challenging and improving corporate policies, practices, performance and impacts, and in surfacing investor perspectives on material issues.
Thank you for voting your values! Post this “I'm voting” badge on social media and let people know you're proud to raise your voice on important issues as a shareholder. Click to share to Facebook or Twitter.
New app makes rocking your proxy votes easy! Learn about As You Vote from our allies at As Your Sow, with an individual investor app on the iconik platform.
Green America is not an investment adviser nor do we provide financial planning, legal, or tax advice. Nothing in our communications or materials shall constitute or be construed as an offering of financial instruments or as investment advice or investment recommendations.
Additional Resources
- Are Corporations Accountable for Their Political Spending?
- The State of Shareholder Activism
- Shareholder Resolution Highlights
- New App Makes Rocking Your Proxy Votes Easy
- Vote with Your Dollars for a Better World
- Shareholder Activism Advances Labor Rights
- FAQs About Shareholder Activism
- Anatomy of a Proxy Ballot
