Investors File a Record 95 Climate Change Resolutions: a 40% Increase Over 2009 Proxy Season

http://www.ceres.org/Page.aspx?pid=1221 ^ | 3/4/2010 | Ceres.org

[Williams]

Record Filings Follow SEC Calls for Stronger Corporate Attention to Climate Change

....

BOSTON (March 4, 2010) – Leading U.S. investors today announced that they have filed a record 95 climate change shareholder resolutions with 82 U.S. and Canadian companies that face far-reaching business challenges from climate change. The 40 percent increase in resolutions filed over last year is a first sign of the growing pressure on companies to disclose climate risks and opportunities in the wake of the recent Securities and Exchange Commission’s climate disclosure guidance and other recent policy developments.

Companies targeted in the 2010 proxy season include some of the nation’s largest coal companies, electric power and oil producers; homebuilders; big box retailers; financial institutions and other businesses that investors believe are not adequately disclosing and managing potential climate-related business impacts. (See a complete list of the climate-related resolutions at www.incr.com/resolutions. .....

[Williams]

If you go to their page you will be "impressed" by this organization which is using investment positions in major companies to force them to address "climate change". Also the long list of Ivy League staff at Ceres, and the lists of companies in bed with them. I noted Best Buy, but there are so many.

Ceres.org

[unclebankster]

“an alliance of more than 80 institutional investors with collective assets totaling more than $8 trillion.”

Financial and environmental capitalists vs industrial capitalists?

[norton]

"Companies targeted in the 2010 proxy season include..."

I think "capitalist" is the wrong descriptive term.

[unclebankster]

Ceres is a leading coalition of INVESTORS, ENVIRONMENTAL groups and other PUBLIC INTEREST groups working with companies to address sustainability challenges such as global climate change. Ceres also directs the Investor Network on Climate Risk, a network of 80 institutional investors with $8 trillion of collective assets focused on the business impacts of climate change.

What should we call them?

[norton]

A coalition of ENVIRONMENTAL groups and other PUBLIC INTEREST groups who either have money to invest or can sway others who do have money to invest into supporting their agenda.

Maybe?

[steelyourfaith]

 

Beam me to Planet Gore !

[A.A. Cunningham]

Ceres

[SunkenCiv]

Note: this topic is from March 5, 2010. Thanks Williams.