Corporate Shareholders Vote on Rising Number of Climate Resolutions
Environment News Service, May, 2007 by staff
BOSTON, Massachusetts (ENS) — --> Investors have filed 42 global warming resolutions with U.S. companies as part of the 2007 proxy season, when corporations hold their annual meetings of shareholders. This figure is nearly double the number of climate-related resolutions filed just three years ago.
The global warming resolutions were compiled by CERES, a coalition of investors, environmental groups and other public interest organizations working with companies to address sustainability challenges such as global climate change.
Seeking greater disclosure from companies on their responses and strategies to climate-related business trends, the resolutions were filed by state and city pension funds and labor, foundation, religious and other institutional...
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