In an article for The Wall Street Journal, partner Michael Littenberg, public companies partner and global head of the firm's ESG, CSR and business and human rights practice, commented on the perceived overreach of some ESG shareholder proposals.
“The shareholder proposal process is akin to a public town square. It’s a way to engage in a public and noisy way on a particular topic,” said Michael Littenberg, a partner at law firm Ropes & Gray who advises companies facing proposals. “In some cases…it is being abused.”
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