Organization:
Environmental News Network (ENN)
A record 57 climate
related shareholder resolutions were filed this year—a figure that has
doubled over the past 5 years. Support for these measures averaged more
than 23% among shareholders-- another all time high. These figures come
from Ceres, a leading coalition of
investors and environmental groups. “Growing investor pressure is
prompting more companies to see the value of making environmentally
sound products,” said Mindy S. Lubber, president of Ceres. “By
re-thinking their strategies with high energy prices and climate change
in mind, these companies will have a distinct competitive advantage in
the years ahead.”
Read more about green shareholder resolutions here.