In case you missed this headline from Wall Street Journal yesterday:
This comes just two weeks after our blockbuster report grading major financial firms on how they were voting on hostile ESG shareholder resolutions. The big money managers from Blackrock to State Street to UBS and JP Morgan now know we are watching and grading their votes going forward. Many of the top management at these firms have told us they are going to pay more attention to how they proxy vote on ESG. Apparently, they don’t like their clients reading that they got a grade of F.