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Japan 2023 Proxy Season | White & Case LLP

The Number of Shareholder Proposals Made by Activist Shareholders, Votes Against Management Proposals and Listed Companies Facing Shareholder Proposals Each Continue to Trend Upward in.

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Investors urge chemical companies to stop producing PFAS

A large group of institutional investors have urged chemical companies to stop producing PFAS, describing the carcinogenic substances as “the new asbestos.” In a letter to the CEOs of the world’s 50 largest chemical companies, they warned that PFAS users and manufacturers face “deep liability and insurance risks” that could significantly harm the companies' “long-term value.”

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