The Nation: Investors Lead Push for More Action on Climate Change
On April 6, 2014 The Nation published an article about the growing number of climate-related shareholder resolutions this season:
“Motivated by mounting scientific evidence that human activity is a leading cause of climate change, major institutional investors are pushing for stronger action by companies in climate-related shareholder resolutions in the 2014 proxy season.
The 35 institutional investors are led by Walden Asset Management, the New York State comptroller’s office, the California State teachers’ retirement system, Calvert Investments, the Connecticut Treasurer’s Office, Trillium Asset Management, Mercy Investments and Green Century capital management.
They have filed 142 resolutions in a coordinated effort to spur action by 118 companies – including Chevron, ConocoPhillips, Kinder Morgan, Lowes and several electric utilities – on a wide range of climate-related issues such as greenhouse gas (GHG) emissions, energy efficiency and sustainable palm oil.”
You can read the entire article here.