Climate Resolutions Toolkit - 2009A record 68 global warming resolutions were filed with U.S. and Canadian companies as part of the 2009 proxy season. The resolutions, seeking greater disclosure from companies on their financial exposure and response strategies to climate-related business trends, were filed by some of the nation’s largest public pension funds, as well as labor, foundation, religious and other institutional shareholders. The shareholder filings are coordinated by the Ceres investor coalition and the Interfaith Center on Corporate Responsibility (ICCR), a group of faith-based investors. Below are links to more information about the 2009 proxy season: 2009 Resolution TrackerDownload the most recent spreadsheet detailing all 68 resolutions.
Recent News:May 28, 2009: Home Depot Lags Behind its Peers on Energy Efficiency & Savings, Faces Shareholder Vote on its Energy Plan at May 28 Annual Meeting May 20, 2009: 'Climate Watch’ Company Ultra Petroleum (UPL) Faces Shareholder Resolution on its Global Warming Strategy May 13, 2009: Shareholders Show Strong Support for ConocoPhillips Oil Sands Proposal May 7, 2009: Investors Urge Energy Giant Enbridge to Address First Nations on Oil Sands Pipeline Project February 18, 2009: Southern, Massey Energy and Chevron Among Nine 'Climate Watch' Companies Targeted by Investors; U.S. Companies Face Record Global Warming Resolutions Amid Growing Support in Washington for Clean Energy and Mandatory CO2 Limits Reuters on 02/18/09: Investors Target Exxon, Massey for Lags on Climate
Supporting Memos:Aqua America Resolution Memo Avis Budget Group Resolution Memo Bed Bath & Beyond Resolutions Memo Boston Properties Resolution Memo Chevron Resolution Memo: Oil Sands ConocoPhillips Resolution Memo: GHG Reductions ConocoPhillips Resolution Memo: Oil Sands Dynegy Resolution Memo Exxon Mobil: Item 11: GHG goals for products and operations Exxon Mobil: Item 12: consequences of climate change on developing countries Exxon Mobil: Item 13: adoption of a renewable energy research, development and sourcing policy Great West LifeCo Inc Resolution Memo Fifth Third Bancorp Resolution Memo Halliburton Resolution Memo Homebuilders Industry Resolution Memo Home Depot Resolution Memo IDACORP Resolution Memo International Coal Group Resolution Memo International Paper Resolution Memo Las Vegas Sands Resolutions Memo Massey Energy Resolution Memo Mirant Resolution Memo RR Donnelley Resolution Memo Southern Company Resolution Memo Ultra Petroleum Resolution Memo
For information about the 2008 proxy season, click here.
|