On our latest Deep Dive podcast, we unpack what’s changing in investor disclosures and their potential impact on upcoming off-cycle engagement.

Below are some key takeaways:

Climate: More granular demands—such as SBTi-validated emissions targets and full Scope 1-3 disclosures.

Social: An increasing focus on measurable results—employee satisfaction, pay equity, and board diversity

Governance: ESG is now embedded—investors expect exec. comp and board expertise to reflect today’s biggest risks, from AI ethics to cyber.

Regional trends: CSRD compliance is ramping up in Europe, North America is focusing on financial materiality, and Asia is catching up fast

Discussion of restructuring of stewardship teams at Vanguard and previously at T. Rowe Price

Overview of how top investors engaged with public companies in Q1 2025.