Shareholder Climate Resolutions Up 40%
U.S. investor groups have filed 95 global warming shareholder resolutions with public corporations, a 40 percent increase over last year, according to a press release from the Investor Network on Climate Risk.
The resolutions, lodged with 82 U.S. and Canadian companies, seek a range of concessions, from improved sustainability reporting to energy efficiency efforts.
The Investor Network on Climate Risk is backed by investor group Ceres. In all, the network of 80 institutional investors manages $8 trillion in assets. Read More