We at UP have been leading the charge against the onslaught of hostile ESG shareholder proposals – including climate change craziness and racial quotas – brought by busybody liberal activists, but often conflict with profitability and shareholder returns.

Here’s an innovative idea from Exxon to fend off the onslaught of left-wing shareholder proposals:

Shareholder voting can serve a vital role in reining in incompetent or corrupt corporate management.

But most people buy a stock because they are confident in management. The vast majority of retail investors don’t vote their proxies, ceding power to activists who often push agendas that have nothing to do with creating shareholder value. This mechanism will make it easy for mom and pop investors to push back with minimal effort.