Despite recent internal changes, BlackRock leadership remains very much in lockstep with the more radical goals of the climate change lobby. Throughout the course of the meeting, a number of shareholder proposals were presented—mostly focused on board governance and other apolitical matters. However, one proposal submitted by the Boyer Research Group requested a public board report on the legal and reputational risks associated with BlackRock's perceived shift away from shareholder capitalism in favor of "stakeholderism" or stakeholder capitalism. Despite CFACT's strong support for the proposal, which called for greater scrutiny of the board's favoritism toward stakeholder capitalism, the proposal received only 1% of shareholder votes in favor.