AMR could cause US$100 trillion in lost global production by 2050.

If carbon emissions stay on the current trajectory, rather than aligning with the Paris accords, there is a significant risk that GDP could be 7-14% lower by 2050.

Closing the living wage gap worldwide could generate as much as an additional US$4.56 trillion every year through increased productivity and spending.

A 1% increase in inequality could lead to 17-26% lower GDP over 30 years.

Gender and racial income gaps created US$2.9 trillion in losses to U.S. GDP in 2019.

Eliminating racial disparity would add US$5 trillion to the U.S. economy over the five years.

This year, investors are taking action to address systemic threats to their portfolios.

Investors are increasingly aware that they must use stewardship opportunities to protect their diversified portfolios from systemic risks. All portfolios depend upon a healthy society and environment, meaning that these risks cannot be avoided through security selection or mitigated by diversification. As a result, investors must focus stewardship efforts on systemic risk.

2024 Guardrails

 The Shareholder Commons tracks and supports stewardship activity designed to protect the global commons. In 2024, we are highlighting two specific investor-mediated guardrails and flagging votes on additional system stewardship initiatives.

Here are two guardrails that are gaining traction this year:

Proxy voting guide

We are thrilled to announce the first publication specifically designed to help investors vote their proxies on a systems-first basis. Portfolios on the Ballot flags initiatives designed to protect the social and environmental systems that support all the companies in a diversified portfolio. In short, we highlight initiatives that can protect your entire portfolio from the bad choices of individual companies.