A record number of US companies — including American Express, Eli Lilly and HCA Healthcare — are facing shareholder demands for more details about their abortion policies from investors following the landmark Supreme Court decision last year. This year’s wave of abortion shareholder proposals “is definitely unprecedented”, said Jackie Cook, director of stewardship at Morningstar’s Sustainalytics division. Overshadowed for years by boardroom battles over climate change and workplace diversity, abortion has not been a big issue for environmental, social and governance (ESG) investors.

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