The world of proxy voting is evolving rapidly, especially with the increasing focus on environmental, social, and governance (ESG) issues. Top players like Institutional Shareholder Services (ISS) and Glass Lewis provide crucial guidance for shareholders who rely on them to make informed proxy votes. But are these two giants enough to offer diverse perspectives?
Enter OxProx, a groundbreaking initiative founded by Ian Robertson, CFA, in collaboration with the University of Oxford. OxProx is the first publicly accessible platform that collects, analyzes, and compares proxy voting records from asset owners and managers worldwide.
Empowering Investors with Data
While ISS and Glass Lewis are indispensable, OxProx steps in to provide a fresh perspective. By offering a comprehensive database of global proxy voting records, OxProx enables investors and analysts to compare voting patterns and rationales. The transparency offered by OxProx is crucial in a time where ESG considerations are shaping investment decisions.
Enhancing Transparency for Responsible Investment
OxProx’s data can be a game-changer for organizations like ShareAction and As You Sow that advocate for ESG issues. By shedding light on how investors vote, OxProx fosters accountability in the investment landscape and encourages positive changes in corporate behavior.
Driving Positive Change in Corporate Governance
As ESG factors become paramount in investment decisions, OxProx serves as a catalyst for responsible investing and improved corporate outcomes. By promoting greater transparency and informed decision-making, OxProx empowers investors to align their voting practices with long-term shareholder and stakeholder interests.
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