Our Impact:

In 2018, no major asset manager had policies that allowed them to vote “no” against a corporate board of directors based on their failures to align business practices with Paris Agreement goals. We changed that, enabling asset managers to leverage these policies to hold companies accountable.

As noted in the Financial Times, “[Majority Action] led efforts to remove former ExxonMobil chief executive Lee Raymond from the board of JPMorgan Chase over his alleged denialism on [climate]” and led the charge against Dan DiMicco, 2020 election denier and Director at electric power giant Duke Energy. Raymond and DiMicco both stepped down from their board positions following our campaigns

Majority Action organized over 140 racial justice activists and leaders to take out an ad in the Financial Times following the murder of George Floyd, putting pressure on asset managers to change the business-as-usual practices that uphold white supremacy at the foundation of the economy and leading to historic shifts in asset manager proxy voting for racial equity.

Through our ground-breaking research, we have engaged over 400 investors around updating their proxy voting policies and practices in support of racial equity and civil rights audits as an important tool for fostering corporate accountability and economic justice

In 2023, Majority Action drove the establishment of the Racial Justice Capital Strategies Table (RJCST) with SEIU, Color of Change, Hip Hop Caucus, and United for Respect- to recognize the importance of having organizations steeped in racial justice be able to inform bright line standards in corporate racial equity and civil rights audit processes. The RJCST maintains ongoing engagements with companies such as Alphabet, Citi, and State Street in the implementation phase of their audit recommendations.

In 2024, Majority Action helped catalyze investor against Exxon for suing two of its climate-concerned shareholders. Our organizing led to prominent pension fund trustees and state treasurers releasing an open letter calling on the biggest asset managers to vote against key Exxon directors, and filing exempt solicitations calling for votes against all of Exxon’s directors.

In the 2025 proxy season, Majority Action partnered with Amazon Employees for Climate Justice to lead a shareholder resolution calling on Amazon to report on how it will meet its climate commitments given its massive data center expansion plans. One of the season's most successful environmental proposals, it clearly demonstrated investors' concern about this issue.