AllianzGI calls for UK and EU large caps to link pay to ESG

It follows annual analysis of how it voted at AGMs around the world, with the active manager voting on almost 110,000 shareholder and management proposals last year. In 2021, AllianzGI participated in 10,190 shareholder meetings and voted against, withheld or abstained from at least one agenda item at 68% of all meetings globally. In the UK, the asset manager opposed just 4% of all proposals down from 5% in 2020 and part of a gradual decline in recent years. It said this trend highlights strong corporate governance standards in the UK and shows boards are well supported. ESG Blog: ...