Tailor-to-Target: Configuring Collaborative Shareholder Engagements on Climate Change

The authors thank the PRI for providing access to its data in the context of our response to its 2016 call for research titled “Examining factors of success for investor-company engagement on environmental, social and corporate governance (ESG) issues.” This research has benefited from discussions with past and current members of the PRI, and the authors thank Valeria Piani and Katherine Ng for their continuous support. The authors also benefited from discussions with Elroy Dimson, Oğuzhan Karakaş, and Xi Li, who were also awarded in the PRI 2016 call. The authors thank the editor, Glen Dowell, and the team of reviewers for their editorial guidance and excellent comments on the paper. The authors also thank Shaz Ansari, Hans Frankort, and Brayden King for their comments. Earlier versions of this manuscript have greatly benefited from discussions with participants at the following events: the November 2021 ETHOS Seminar at Bayes Business School, the 2021 International Corporate Governance Society Annual Conference, the November 2021 Organization Theory Research Group workshop, the 2021 Strategic Management Society Annual Conference (finalist for Best Conference Paper Prize), the 2021 Owners as Strategists Conference, the 2021 Group for Research on Organizations and the Natural Environment Reading Group, the Academy of Management 2021 Qualitative Comparative Analysis Professional Development Workshop, the 2022 Alliance for Research on Corporate Sustainability Annual Conference, and the 2022 European Corporate Governance Institute Investor Sustainability Engagement Conference. Between June 2021 and June 2022, they presented their findings to practitioners including Glass Lewis, the PRI’s internal seminar, asset management firm Ardevora, and the thinktank Netspar (Network for Studies on Pensions, Aging, and Retirement), and benefited from comments provided at these presentations. Finally, the authors thank the Economic and Social Research Council, the PRI, Bayes (formerly Cass) Knowledge Exchange and Impact Fund (2016 and 2022), and Alliance for Research on Corporate Sustainability and HEC Paris 2019 Workshop for the grants received, individually or collectively, for this project. The authors take full responsibility for any errors in this study.