The 2026 proxy season is unfolding against a backdrop of regulatory uncertainty, shifting rules, and increasing political contention, particularly in the US, where recent SEC policy changes are reshaping shareholder proposal dynamics and creating new legal ambiguities.
This briefing highlights key forces that will shape stewardship activity in the year ahead, including the regulatory tug‑of‑war over ESG and DEI, continued investor engagement on climate and social risks, growing focus on board accountability and the use of director elections as escalation tools, the accelerating move toward virtual‑only AGMs, and renewed debates around executive pay structures.
Download the full briefing to explore key trends impacting investors ahead of 2026 proxy season.
Don’t have time for the full report? Read some selected highlights from the publication here.
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About Minerva Briefings
Minerva’s regulatory briefings look at new and emerging issues from the UK and Continental European perspectives. Also Available:
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- Minerva Briefing – UK Stewardship Shifts: Key 2026 Code Changes and Implications
- Minerva Briefing – The Dual-Class Debate: Are Sunset Provisions The Solution?
- Minerva Briefing – 2025 Proxy Season Review
- Minerva Briefing – Shareholders Sideline Sustainability Amid Trump Pressure – Shareholder Proposal Voting Trends Report 2025
- Minerva Briefing – Beyond the Defence Headlines: Is ESG Problem?
- Minerva Briefing – 2023 Proxy Season
- Minerva Briefing – Australia ESG Update
- Australia 2021 Proxy Season Review
- 2022 UK AGM Season Review
- Minerva Briefing – Climate Stewardship
- Minerva Briefing: The road to COP 26
- Minerva Briefing: 2021 UK Proxy Season Review
- Minerva Briefing: Greenwashing
- Minerva Briefing: Acronyms to Action
- Minerva Briefing: Biodiversity & Stewardship
- Board Evaluation in Europe
- Board Gender Diversity in Europe
- The Minerva Total Remuneration Survey 2019
- Minerva Briefing: 2019 UK Voting Review
- Minerva Briefing: Executive Pensions in the UK 2019
- Employee Board Representation in Europe
- Shareholder Rights Directive II
- Tax Secrecy
Last Updated: 10 March 2026