Pressure grows on US companies to act on climate


Planet2025 News Network, August 19, 2007

Investors filed a record 43 climate-related resolutions with US companies during the 2007 proxy season, according to Ceres, a coalition of investors and environmental groups that helped co-ordinate the shareholder filings. The resolutions sought greater disclosure from companies about their responses to the climate change issue, or called for companies to set greenhouse gas (GHG) reduction targets, and were filed by state and city pension funds and labour, foundation, religious and other institutional shareholders, managing a total of more than $200 billion in assets. Read more...

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