Morrow Sodali moves into Australia

Two weeks after the acquisition of a majority stake in Australian proxy solicitation and governance firm Global Proxy Solicitation (GPS), John Wilcox, Chairman of Morrow Sodali, talks ESG, governance and Australia’s influence. 

‘Australia is similar to the UK in its innovative and aggressive approach to governance reform, ESG policies, regulation and shareholder rights. Its influence is felt well beyond its borders, as institutional investors apply lessons learned in one market to portfolio companies in other markets.’

'The growing focus on governance – not just in Australia but also globally – is seeing a shift away from compliance check-lists, he adds, with ESG issues becoming more thoroughly integrated with businesses as a whole. As such, says Wilcox, ‘investor relations takes on an increasingly important role’.