Show us the plan: Investors push companies to come clean on climate

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In the past, shareholder votes on the environment were rare and easily brushed aside. Things could look different in the annual meeting season starting next month, when companies are set to face the most investor resolutions tied to climate change in years.

FILE PHOTO: Swedish climate change activist Greta Thunberg takes part in a climate strike protest during the 50th World Economic Forum annual meeting in Davos, Switzerland, January 24, 2020. REUTERS/Denis Balibouse/File Photo

A broad theme is to press corporations across sectors, from oil and transport to food and drink, to detail how they plan to reduce their carbon footprints in coming years, in line with government pledges to cut emissions to net zero by 2050. While most resolutions are non-binding, they often spur changes with even 30% or more support as executives look to satisfy as many investors as possible.

Sarasin studied the emissions of the roughly 1,500 firms in the MSCI World Index, a broad proxy for the world’s listed companies. It calculated that if companies globally did not curb their emissions rate, they would raise global temperatures by more than 3 degrees Celsius by 2050.That is well short of the Paris accord goal of limiting warming to “well below” 2C, preferably 1.5C.

Calpers’ Simiso Nzima, head of corporate governance for the $444 billion pension fund, said he saw 2021 as a promising year for climate concerns, with a higher likelihood of other companies also reaching agreements with activist investors.However, Exxon has asked the U.S. Securities and Exchange Commission for permission to skip votes on four other shareholder proposals, three related to climate matters, according to filings to the SEC.

 

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Here's one !

Yes - WAKE UP!

An evil looking little thing!!!

WEF should be changed to WHF. (world hypocrite forum) 309 private jets!!! Plus all their yachts. There are very few pictures of Bill Gates with a mask on.🤔 Maybe the pandemic is just a pilot project? He owns the most farmland in the world. RebelNewsOnline

Company: Ok. Here’s the deal. If we stop making mobile phones and gaming consoles we could save the earth. Everybody: 🦗🦗🦗🦗🦗🦗

That's why they spout on about ten year goals, so as to hush up the protesters for ten years. 🤔

You can forget about “climate change”, but you should keep in mind what Joe Biden and fellow Democrats are doing to bankrupt America and deny it the production of the energy it needs.

this is terrible news

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