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Oil, Coal and Power Companies See 50% Increase in Climate- and Energy-Related Shareholder Resolutions in 2011 Proxy Season
Feb 16, 2011
February 16, 2011 – Affirming the financial risks that climate change and other environmental concerns pose to leading energy companies, investors announced today the filing of 66 climate and energy related shareholder resolutions with 41 coal, electric power and oil companies in the 2011 proxy season, making 2011 a record for shareholder engagement in the energy sector, even in the face of Congressional inaction on climate change.
INCR DIRECTOR Mindy Lubber Statement on new Mercer report “Climate Change Scenarios – Implications for Strategic Asset Allocation”
Feb 15, 2011
February 15, 2011 – Mercer’s report, “Climate Change Scenarios – Implications for Strategic Asset Allocation,” lends credence to a concern that the Investor Network on Climate Risk has been voicing for years. Climate change poses real costs and risks that are material to investment portfolios of pension funds and institutions around the world