Stewardship encompasses more than voting, but the voting of shares is an important mechanism for shareholders to express their views and exercise their rights. Yet investors and companies still encounter many obstacles in obtaining and providing voting transparency in the UK.
With increased focus on voting accountability in the 2020 UK Stewardship Code, stakeholders are likely to be incentivised to devise solutions to long-standing problems. Our objective is to help investors understand the status of pending legal changes, policy reviews and technological solutions so they can provide input, in order that opportunities for improvement are not missed.
In first stage in the project we have reviewed the topic and met with experts and policymakers. We are holding a Workshop for Members on 23rd June to review the issues and to hear a presentation from Proxymity about their solution. We will then canvass interest in next steps.
Investor Forum Briefing notes
The Forum has prepared a briefing note which can be accessed via the link (above right). We have also included a link to the presentation by Proxymity.
We have compiled an extensive list (here) of various materials for background and further reading.