The influence of proxy advisors and ESG rating agencies on the actions and reporting of FTSE350 companies and investor voting’ Analytical Report

Tilba, Anna; Hodge, Chris; McNamara, Patrick; Green, Julian

Abstract

In August 2022 the Financial Reporting Council (FRC) commissioned independent research to better understand the influence and impact of proxy voting advisors and ESG rating agencies on actions and reporting by FTSE 350 companies and on investors (asset managers and asset owners). This report presents the findings of the project carried out for the FRC by a team of researchers from Morrow Sodali (including its subsidiary Nestor Advisors) and Durham University Business School. The Report presents the findings of this year-long study.

Citation

Tilba, A., Hodge, C., McNamara, P., & Green, J. (2023). The influence of proxy advisors and ESG rating agencies on the actions and reporting of FTSE350 companies and investor voting’ Analytical Report. Financial Reporting Council

• Report Type: Policy Document
• Online Publication Date: Jun 1, 2023
• Publication Date: 2023
• Deposit Date: Sep 26, 2023
• Public URL: https://durham-repository.worktribe.com/output/1748556
• Publisher URL: https://www.frc.org.uk/getattachment/bdf7032b-ece1-436b-8429-fbe4ad704efc/Analytical-Report_2023.pdf