Social activism: Investor questions
The same percentage of mid-cap and large/mega-cap IR teams received questions from investors on environmental attitudes over the past five years. This was 15 percentage points more than the number of small-cap teams that received similar questions. Questions on employment rights were received by 24 percent of small caps and 27 percent of mid-cap IR teams, compared with nearly four in 10 large/mega-cap teams.
Mid-cap IR teams are more likely to have received questions on women’s rights and racial discrimination than on invasion or occupation of territories/displacement of people. Small-cap IR teams are less likely than teams at other cap sizes to receive questions on women’s rights and racial discrimination, while just 1 percent of small-cap teams and 6 percent of mid-caps have received questions on their company’s attitude to LGBTQ+ rights in this time.
A third of IR teams at small-cap companies did not receive any questions on the listed subjects in the past five years. This compares with 22 percent of mid-caps and just 16 percent of large/mega-cap IR teams that did not receive any questions on these subjects.