The proxy advisory firms that drove the ESG boom are now squarely in the Trump administration’s cross-hairs:
This is the end result of a three-year highly-influential investigative project at UP where we rated the big investment firms on how they voted on ESG shareholder resolutions that violate their fiduciary duty. When we started the project, the firms were voting 60% of the time for ESG resolutions and we’ve helped cut that in half to 30%.
Our study exposed that the worst abusers were the two massive proxy service advisory firms: ISS and Glass-Lewis that had gone completely woke.
Now, Trump wants to get rid of them and bring an end to the proxy service racket. We have a plan to do just that, which we will release in the weeks ahead.

