Swiss AGM Season 2024 – Brace for more controversial shareholder votes with sustainability as a catalyst
Zurich, February 22th 2024 – The upcoming AGM season has some controversial discussions in store. SWIPRA expects an increased focus on
· board compositions,
· overall good corporate governance, and
· individual board member accountability.
Apart from the ever-increasing expectations for credible leadership to manage the more challenging business environment, this is also related to
· increasingly diverging views on the importance and implementation of sustainability measures, as well as to
· revived criticisms regarding compensation, in particular the pay for performance relation and overall bonus levels.
A new common underlying catalyst for all these hotspots is the upcoming shareholder vote on the non-financial report for a broad range of listed companies in Switzerland.