Reclaiming the vote. What the rise of pass-through voting means for banks

Reclaiming the vote. What the rise of pass-through voting means for banks

Stewardship is evolving. Amid shifting regulation, rising shareholder expectations, and intensified debate around ESG, shareholder voting has become both more strategic and more scrutinised. But shareholder democracy need not simply drift with the tide. It can be reclaimed. For years, one of the dominant theories of change in stewardship was simple: engage the biggest passive providers, and they would use their enormous voting power to deliver l…