www.proxyimpact.com The Sustainable Investments Institute (Si2) provides impartial analysis to help institutions make informed, independent choices on social and
environmental shareholder proposals.
Vanguard continues to abstain on political spending and other social and
environmental shareholder proposals.
Not exact matches
Exxon has argued against all the other
shareholder proposals as well, including a «policy to explicitly prohibit discrimination based on sexual orientation and gender identity»; a policy articulating Exxon's «respect for and commitment to the human right to water»; «a report discussing possible long term risks to the company's finances and operations posed by the
environmental, social and economic challenges associated with the oil sands»; a report of «known and potential
environmental impacts» and «policy options» to address the impacts of the company's «fracturing operations»; a report of recommendations on how Exxon can become an «environmentally sustainable energy company»; and adoption of «quantitative goals... for reducing total greenhouse gas emissions.»
His practice is focused on
shareholder proposals,
shareholder rights and improving corporate
environmental and social disclosure requirements of the Securities and Exchange Commission.
The Proxy Preview 2015 report was produced via collaboration between As You Sow, a nonprofit organization that promotes corporate responsibility through
shareholder advocacy and innovative legal strategies; the Sustainable Investments Institute (Si2), which conducts impartial research on social and
environmental share - holder
proposals; and Proxy Impact, a
shareholder advocacy and proxy voting service for foundations, endowments and socially responsible investors.
Certain of the
shareholder proposals relate to
environmental, sustainability, social, or governance issues, often requesting that we prepare a report, adopt a policy, or take some other narrowly or vaguely defined action.
The vote count reached a remarkable level of backing for
proposals opposed by management, according to Heidi Welsh, executive director at the Sustainable Investments Institute, a Maryland - based nonprofit that provides impartial analysis of social and
environmental policy
shareholder resolutions.
«We will explain how
shareholder proposals on
environmental, social, and corporate governance matters often raise issues with a direct impact on long - term
shareholder value (e.g., effective management of climate change risk or encouraging stronger board oversight and independence).
Si2 provides overview reports on the main
environmental, social and governance issues raised by activist
shareholders in their
proposals to companies, as well as impartial breakout reports on the
proposals awaiting votes at companies.
Through this portal, issuers will have access to information on Glass Lewis» approach to analyzing proxy issues, including director elections, compensation, financial transactions and
shareholder proposals on
environmental, social and governance matters, among others.
Courteney Keatinge oversees Glass Lewis» research and vote recommendations for
shareholder proposals and covers research on major
environmental and social issues in all major markets.
Beginning in 2003, the Division of Corporate Finance too often has issued no - action letters omitting
shareholder proposals that ask management to undertake a risk assessment or review the financial implications of an array of
environmental, community, public health and human rights concerns and issues.
Shareholder proposals limiting executive pay,
environmental issues, and other liberal folderol.
The Wall Street Journal reported that in 2014 «
environmental and social issues have accounted for 56 % of
shareholder proposals, representing a majority for the first time.»
This policy states that it will «support social, workforce and
environmental proposals that promote «good corporate citizenship» while enhancing long term
shareholder and stakeholder value and
proposals that call for more detailed and comparable reporting of a company's social, workforce and
environmental performance».
Of the 433
shareholder proposals filed in 2015, 39 percent or 168
proposals related to
environmental or sustainability resolutions.
Given the strictures on
shareholder proposals, it's common for investor advocates to push not for specific changes, but for analyses of risk: asking companies to publicly measure their greenhouse gas emissions, to analyze the
environmental impact of their global supply chains, or, in a strategy pioneered last year, to quantify their exposure to «stranded assets,» such as fossil fuel reserves that would exceed the world carbon budget.
Analysis by the law firm confirmed that corporate
shareholder proposals aimed at addressing
environmental issues were common in 2016, a trend that will continue to keep the pressure on fossil fuel interests like Chevron and ExxonMobil during the Trump years — and make it hard for the SEC to avoid addressing the issue.
We also work with public companies to meet SEC
environmental disclosure obligations and assist public companies with potential
shareholder proposals or lawsuits concerning
environmental and social responsibility concerns.
(Bloomberg)-- FivePoint, a real estate developer whose largest
shareholder is Lennar Corp., said it's come up with an
environmental proposal that should allow it to move forward with a $ 12.7 billion master - planned community in northern Los Angeles County.