Walden’s ESG Reporting Resolution at CLARCOR Earns Majority Support

Walden’s ESG Reporting Resolution at CLARCOR Earns Majority Support l Walden Asset Management

  • On March 29, 2016 CLARCOR Inc. hosted its Annual General Meeting, at which a shareholder proposal for environmental, social and governance (ESG) reporting received 61 percent support from shareholders, excluding abstentions. With this result, CLARCOR joins a small minority of companies to ever experience a majority vote in support of on an environmental or social resolution. According to proxy advisor ISS, just one environmental or social proposal passed out of 474 submitted in 2015.