IR Magazine: New report shows rise in success of ESG shareholder activism in 2021

A new report released by Diligent Institute finds an increase in successful ESG shareholder activism campaigns, with a lack of modern governance practices cited as a key catalyst for activist action. Diligent’s report focuses on the steps companies are taking to be better prepared for shareholder activism, analyzing the governance data of companies targeted by investor activists. The sample includes data from 726 companies that engaged with investors, focusing solely on investor activism campaigns that were successful, unsuccessful, settled and/or withdrawn. Read the full article here. By Sarah Welsh, Reporter, IR Magazine

About the author

Edna Twumwaa Frimpong

Head of International Research

Edna Frimpong is an experienced research analyst with a demonstrated history of working in the information technology and services industry. In her role with the Diligent Institute, Edna oversees and directs corporate governance research projects and partnerships internationally, outside the US.

She joined Diligent Institute in 2021 after six years with CGLytics — a corporate governance analytics firm based in Amsterdam, The Netherlands, acquired by Diligent — where she served as Head of Research for the EMEA region. Previously, Edna held research positions at firms including Sustainanalytics and Carnomise. She received her Master’s Degree in Finance and Law from the Duisenberg School of Finance in Amsterdam, and her Bachelor’s Degree in Administration, Insurance and Risk Management from the University of Ghana.