Chevron – Disclose Costs Related to Ecuador Litigation (2006)
Company: Chevron Final Vote: 9% Year: 2006 …
Dominion Resources – Climate Change Report (2005 – 2006)
WHEREAS: In 2005, the scientific academies of 11 nations, including the U.S., stated that, “The scientific understanding of climate change is now sufficiently clear to justify nations taking prompt action. It is vital that all nations identify cost-effective steps that they can take now, to contribute to substantial and long-term reductions in net global greenhouse gas emissions.” A 2004 Conference Board report declared that, “scientific consensus that the climate is changing is growing steadily stronger over time; Corporate boards will be increasingly expected to evaluate potential risks associated with climate change; and, the global economy will become less carbon-intensive over …
ExxonMobil – Report on Kyoto Protocol Compliance (2006 – 2007)
WHEREAS, international energy companies face unprecedented pressure to reduce greenhouse gas (GHG) emissions. Nations implementing the Kyoto Protocol are committed to significant reductions. The Guardian (10/07/04) reported: “Exxon… saw its greenhouse gas emissions jump 2% last year to 135.6m tones” and that “an Exxon spokesman admitted that the company had no targets for reductions in CO2 emissions although he insisted that it was working hard on ‘energy efficiency’ gains.” It said ExxonMobil’s “emissions are more than 50% higher than those of rival Britain’s BP despite the US firm’s oil and gas production being only slightly larger.”At the World Energy Congress …
Anadarko Petroleum – Greenhouse Gas Emissions (2006 – 2007)
WHEREAS: The American Geophysical Union, the world’s largest organization of earth, ocean and climate scientists, states it is now “virtually certain” that global warming is caused by emissions of greenhouse gases (GHG) and that the warming will continue. A 2004 report by the Bush Administration’s Climate Change Science Program stated that increases in human-derived GHG emissions are the only likely explanation for global warming over the past three decades. Carbon regulation is growing. In 2005, the Kyoto Protocol took effect, imposing mandatory greenhouse gas limits on 148 participating nations. At least half of U.S. states are addressing global warming, through …
General Motors – Climate Change (2006 – 2007)
WHEREAS: In the past two years higher, more volatile fuel prices in the U.S. has changed the purchasing patterns of consumers disrupting the financial health of our company. The latest federal projections suggest gasoline prices will be significantly higher over the next decade (Energy Information Administration, Annual Energy Outlook, 2006). In the U.S., passenger cars and light trucks account for one-fifth of all annual U.S. carbon dioxide emissions linked to climate change. General Motors bears the auto industry’s highest “carbon burden” – or total carbon dioxide emissions associated with its fleet, due in part to the poor fuel efficiency of …
Wells Fargo – Climate Change Report (2006 – 2007)
RESOLVED that shareholders of Wells Fargo and Co. request that the Board of Directors report to shareholders by October 2006 on the effect on our company’s business strategy of the challenges created by global climate change. The report should include, but need not be limited to, a discussion of the effects of (a) rising public and regulatory pressures to limit the emission of greenhouse gases, and (b) anticipated changes to our physical environment. This report should be prepared at reasonable cost and omit proprietary information. SUPPORTING STATEMENT Global climate change threatens to affect companies across a wide variety of industries. …
Illinois Toolworks – Sustainability Report (2005 – 2006)
WHEREAS: Disclosure of key information is a founding principle of our capital markets. Investors increasingly seek disclosure of companies’ social and environmental practices in the belief that they impact shareholder value. Many investors believe companies that are good employers, environmental stewards, and corporate citizens will more likely prosper over the long term and be accepted by local communities. Mainstream financial companies are seeking tolls to understand the links between sustainability performance and capital markets. According to environmental research consultant Innovest, major investment firms including ABN-AMRO, Schroders, T. Rowe Price, and Legg Mason subscribe to information on companies’ social and environmental …
Chubb – Sustainability Report (2005 – 2006)
WHEREAS: Insurers have an essential role in maintaining healthy economies and societies. However, “The insurance industry underwent considerable turmoil in 2004 as a result of unethical practices uncovered by New York Attorney General Eliot Spitzer and other regulators.” (Chubb 2004 Annual Report) We believe that greater disclosure and management of social, environmental, and governance issues, through sustainability reports, will help strengthen insurers and the economies that rely on them. Chubb competes internationally and global expectations regarding sustainability reporting are changing rapidly. The European Commission recommends corporate sustainabilityreporting, and listed companies in Australia, South Africa and France must now provide investors …
Dow Chemical – Report on Certain Toxic Chemicals From Dow Chemical Products Widely Detected in Humans (2004 – 2005)
Company: Dow Chemical Final Vote: 7.7% Year: 2004-2005 …
Recent Comments