Analysis by the law firm confirmed that corporate
shareholder proposals aimed at addressing environmental issues were common in 2016, a trend that will continue to keep the pressure on fossil fuel interests like Chevron and ExxonMobil during the Trump years — and make it hard for the SEC to avoid addressing the issue.
In its paper, the BPP Group raises a number of concerns regarding the hard regulatory approach suggested by the Directive
proposals and calls upon the European Commission, Parliament and national governments to support the proportionate, principles - based approach to service supplier oversight overwhelmingly supported by
shareholders that is embodied in the Best Practice Principles for
Shareholder Voting Research & Analysis, stating that «unwarranted or disproportionate legislation may inhibit the provision of independent information and services that assist investors in the exercise of the very rights and responsibilities that the Directive
aims to foster and support.»