The “Big Three” institutional investors, BlackRock, State Street Global Advisors and Vanguard, recently released 2024 proxy voting policies and related guidance applicable to US companies. Companies are well-advised to review these policies and guidance in planning for engagement with the Big Three throughout the year and as the proxy season wraps up, and in considering environmental, social and governance (ESG) disclosures going forward.

In this Guide, we:

  • Provide ESG-focused practical guidance for public companies to consider in light of these policies and guidance. 
  • Identify changes to the proxy voting policies and guidance of the Big Three on ESG topics for 2024.
  • Summarize the expectations of the Big Three as to company practices and disclosures around selected ESG topics, and highlight where failing to meet expectations may result in votes against directors.

View the Big Three and ESG Guide here