ECO comment: The 2021 proxy season saw a record-breaking fall in shareholder support for executive pay. 32 S&P 500 companies had more than 40% of shareholders oppose executive pay, a fourfold increase since 2017. ECO Advisors has an in-house executive pay voting policy that guides our decisions. The policy, as well as our other voting policies, is available in the Investor Portal.
ECO comment: The energy transition is well underway — a function of public policy, technological advances, and consumer demand. The transition to a net-zero economy will produce a global clean energy market worth $23 trillion, and green jobs are in demand.