Nuveen, a leading global investment manager and subsidiary of TIAA, released its 2020 Proxy Season Preview, which predicts that corporations failing to adequately address environmental and social issues will face intense scrutiny from shareholders during the 2020 proxy season. Climate change, board diversity, human capital management and compensation issues will dominate investors’ top priorities. “Amid unprecedented market uncertainty and the COVID-19 pandemic, driving positive outcomes at the companies in which we invest, through our proxy voting and our environmental, social and governance engagement work is more important than ever to help mitigate risk and bolster value for our clients,” said Amy O’Brien, global head of responsible investing at Nuveen. “We believe 2020 will see the awakening of a broad swath of investors highly attuned to the relationship between a company’s financial performance and how effectively it manages these issues.” To view the full article visit Business Wire.
