Sunday, November 23, 2008

Shareholders Demanding Businesses Reduce Impact on Climate

The November/December issue of Sierra notes that there were 57 climate-related shareholder resolutions filed in 2008. They further note that this is double the number filed 5 years ago. What is interestingly positive is that many of them were withdrawn because the company decided to make changes. This suggests two things. First, shareholders are starting to push corporations to be more responsible for their impact on the climate. Second, that companies are listening and acting rather than fighting.

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