Shale Daily / NGI All News Access

Industry Brief

Shareholder proposals requesting information on hydraulic fracturing (fracking) practices, which received an average 30.3% shareholder support in 2010, are becoming more popular, receiving an average 40.7% support this year, according to Institutional Shareholder Services. The corporate proxy firm has proposed a policy calling on shareholders to vote for proposals requesting greater disclosure of fracking operations, including measures companies have taken to mitigate potential community and environmental impacts. Current ISS policy does not specifically address fracking-related shareholder proposals.

Comments powered by Disqus