Question 1

What is a Shareholder Resolution?

Accepted Answer

A shareholder resolution is a proposal submitted by the shareholders of a company to be voted on at these AGMs. These proposals direct the board to take some form of action – for example to pay their staff a Living Wage.

Question 2

How do shareholder resolutions act as a campaign tactic?

Accepted Answer

Resolutions can be an extremely impactful tactic. If if passes, then a company is legally obliged to act on the proposals. It also puts public scrutiny on a company, puts the issue firmly on the company's agenda and gives investors a chance to step up in support.

Question 3

Has ShareAction had any past success filing shareholder resolutions?

Accepted Answer

Yes, we’ve had big wins as a result of filing resolutions at Barclays, HSBC, Tesco, Unilever and Credit Suisse in recent years, you can read more here! https://shareaction.org/shareholder-resolutions/shareholder-resolutions-2022

Question 4

How do I get involved in a shareholder resolution?

Accepted Answer

You just need one share in a company to be able to co-file a resolution. Once you have chosen which resolutions you want to be a part of, we’ll take you through the process of becoming a shareholder. We’ll also point you in the direction of the relevant paperwork you will need to sign.

Question 5

How do you file a resolution?

Accepted Answer

To file a resolution, you need to secure the support of at least 100 shareholders. It is individuals like you, each owning from just one share, that helps us to meet this goal. We then work to bring larger investors on board too.

All Resolutions Briefing Call - 21st Nov