La agenda del clima llega a las juntas de 17 grupos europeos

European climate and ESG (environmental, social, and governance) strategies are less prominent at company shareholder meetings, with support from shareholders declining compared to previous years. Seventeen European-listed companies submitted consultative resolutions related to climate and their climate strategies during their general meetings this year, according to data from Georgeson proxy solicitor, which tracks nine major European markets, including Spain.

This figure is lower than the 22 companies from the previous year. Most votes took place in France (eight groups, one less than the previous year) and the United Kingdom (seven). The level of support for Say on Climate initiatives fell for the first time since 2022, with the average backing sitting at 94.6% compared to 95.3% in 2025.

In 2024, it was 92.6%, and in 2023 and 2022, it was 91% (when it surpassed 97% in 2021). Spanish airport operator Aena submitted a second vote on updating its 2025 climate action plan, with 87.73% of shareholders backing it and 5.93% against, a decrease from last year's 92.53%, which also fell from the 96.1% in 2024. Ferrovial's board voted consultatively on its climate strategy, with 95.06% shareholder support, down slightly from 96.28% in 2025 but above the 17-group average.