Shareholder Rights Group

What Shareholder Rights Group does

Shareholder Rights Group (SRG) is a non-profit investor advocacy organization founded in 2024 (per company-history source) and headquartered in the United States, formed as a coalition of 16 founding member organizations including As You Sow, Ceres, the Interfaith Center on Corporate Responsibility (ICCR), Arjuna Capital, Trillium Asset Management, Boston Common Asset Management, Pax World Funds, AFL-CIO, Mercy Investments, and individual advocates John Chevedden and James McRitchie. SRG's mission is to defend shareholder rights under SEC Rule 14a-8 by analyzing regulatory developments, publishing policy reports, engaging the SEC Division of Corporation Finance and Congress, and coordinating unified investor responses to threats against the shareholder proposal process.

SRG's deliverables are research and advocacy services rather than technology products: (1) shareholder proposal analysis reports, including 'Shareholder Proposals: An Essential Investor Right' (Feb 2025) and 'Analysis of a Season of Regulatory Uncertainty' (Apr 2026); (2) policy advocacy via comment letters and direct engagement with the SEC and Congress; and (3) coalition coordination among its 16 founding members. Leadership comprises Sanford Lewis, Esq. (Director and General Counsel), Cynthia Simon (Policy Director), and Khadija Foda (Associate Counsel).

SRG operates as a membership-funded non-profit, with revenue derived from membership contributions of founding member organizations rather than from commercial products or services. All reports, analysis, and advocacy materials are distributed freely via shareholderrightsgroup.com. The organization is a respondent and counterparty to the 2025-2026 SEC regulatory contraction — including the suspension of the no-action process, EDGAR access restrictions, and the December 2025 Executive Order on proxy advisors — and has responded via litigation support (March 2026) and direct SEC engagement (January 2026).

Name

Shareholder Rights Group

Legal name

Shareholder Rights Group

Website

https://shareholderrightsgroup.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

101–250 employees

Short description

Shareholder Rights Group is a US-based non-profit investor coalition of 16 founding members (As You Sow, Ceres, ICCR, Arjuna Capital, Trillium, and others) that defends SEC Rule 14a-8 shareholder proposal rights through policy research, SEC and Congressional advocacy, and federal litigation support.

Ownership category

akta.pro rank

Product category

Investor Advocacy Services

NAICS

Human Rights Organizations (813311)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Stewardship & Active Ownership (Engagement, Proxy Voting, Shareholder Advocacy) (FSAAALAD)

akta.pro secondary industry

Proxy Voting & Governance Services (FSAAAOAJ)

Keywords

• Shareholder advocacy
• Corporate governance
• Investor rights
• ESG investing
• Proxy proposals

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Distribution channels1 record

Marketing channels5 records

Core offering

Shareholder Rights Group (SRG) is a nonprofit investor advocacy coalition that defends and promotes shareholder rights related to SEC Rule 14a-8 and the shareholder proposal process. It produces analysis reports on regulatory developments affecting investor rights, advocates before the SEC and Congress on policy changes, and coordinates among its 16 founding member organizations to develop unified positions on shareholder governance issues.

Product overview

Shareholder Rights Group is an investor advocacy organization (not a technology product company) that provides research, policy advocacy, and coalition coordination services to defend shareholder rights related to SEC Rule 14a-8 and the shareholder proposal process. The organization publishes analysis reports on regulatory developments, advocates for investor rights before the SEC and Congress, and coordinates among its 16 founding member organizations including Arjuna Capital, As You Sow, Boston Common Asset Management, Ceres, and the Interfaith Center on Corporate Responsibility.

Differentiator

Problem solved

Functional benefit

Products and services

• Shareholder Proposal Analysis Reports
• Policy Advocacy Services
• Investor Coalition Coordination

Quantifiable outcome

• The shareholder proposal process has driven best practices including adoption of independent boards, advisory votes on executive compensation, and greater transparency through sustainability and ESG reporting.
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

16 partnerships are on record, tiered core.

• Arjuna CapitalcoreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. An impact investment firm focused on gender lens investing and shareholder engagement on governance issues.
• As You SowcoreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. A nonprofit foundation that works to increase corporate accountability through shareholder engagement.
• Boston Common Asset Management, LLCcoreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. An ESG-focused asset manager specializing in global sustainability investments.
• CerescoreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. A nonprofit organization working with investors and companies to address global sustainability challenges.
• Clean Yield Asset ManagementcoreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. A boutique asset manager focused on sustainable and socially responsible investing.
• Harrington Investments, Inc.coreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. A registered investment advisor focused on socially responsible investing.
• Interfaith Center on Corporate Responsibility (ICCR)coreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. A coalition of faith-based institutional investors working to advance corporate responsibility.
• James McRitchie/CorpGov.netcoreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. An individual shareholder advocate focused on corporate governance issues.
• John CheveddencoreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. An individual investor and shareholder rights advocate known for filing numerous governance proposals.
• Mercy InvestmentscoreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. An investment services firm working with Catholic institutions on shareholder engagement.
• Natural Investments PBLLCcoreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. A registered investment advisor focused on sustainable and responsible investing.
• Newground Social Investment, SPCcoreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. A social investment firm focused on corporate responsibility.
• NorthStar Asset Management, Inc.coreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. A registered investment advisor specializing in ESG and shareholder engagement.
• Pax World FundscoreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. A pioneer in sustainable and responsible investing through mutual funds.
• The Shareholder CommonscoreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. An organization focused on shareholder rights and corporate governance reform.
• Trillium Asset Management, LLCcoreStrategic or Co-development PartnerFounding member of Shareholder Rights Group coalition. One of the oldest investment firms focused exclusively on sustainable investing.

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Glass Lewis & Co. Major proxy advisory firm providing voting recommendations and governance research to institutional investors. Operates in the broader proxy governance ecosystem that SRG seeks to shape through advocacy and SEC engagement.
• ISS (Institutional Shareholder Services): Leading proxy advisory and governance services provider for institutional investors. Operates adjacent to SRG's policy and regulatory advocacy focus, particularly on the proxy voting rules and shareholder proposal matters that SRG directly addresses.

Direct peers

• Investor Stewardship Group: Collaboration of major institutional investors focused on corporate governance engagement and stewardship. Comparable to SRG as a coalition of institutional investors working to influence corporate behavior through coordinated engagement.
• As You Sow: Nonprofit foundation that works to increase corporate accountability through shareholder engagement and shareholder proposals. As You Sow is a founding member of SRG and a direct functional peer that engages with public companies on environmental, social, and governance issues.
• Interfaith Center on Corporate Responsibility (ICCR): Coalition of faith-based institutional investors that files shareholder proposals and engages companies on ESG and governance issues. ICCR is both a founding member of SRG and the most direct functional peer, operating the same investor-driven corporate accountability model.
• US SIF (Forum for Sustainable and Responsible Investment): Trade association advancing sustainable investing, publishing research on ESG trends and co-publishing SRG's February 2025 report. Operates as a peer advocacy and membership organization for sustainable investment practitioners, closely aligned with SRG's mission.
• The Shareholder Commons: Nonprofit focused on shareholder rights and systemic corporate governance reform. A founding member of SRG with a closely aligned mission around protecting and extending investor rights to influence corporate behavior.
• Ceres: Nonprofit sustainability advocacy organization working with investors and companies to address climate and other sustainability risks. Ceres is a founding member of SRG and a peer that mobilizes institutional investor engagement on corporate sustainability practices.
• AFL-CIO Office of Investment: Federation's investor arm that files shareholder proposals on labor, governance, and social issues. A founding member of SRG and a peer organization engaging with public companies through the shareholder proposal process.

Emerging players

• Proxy Preview: Publishes annual Proxy Preview reports analyzing shareholder proposals and key proxy season issues. Closely comparable to SRG's research and analysis function on shareholder proposal trends, though narrower in focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shareholder Rights Group