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Shareholders Laud Hertz For Addressing Fleet Fuel Economy; Urge Avis Budget Group to Follow Suit at its Annual Meeting on June 12
Jan 28, 2011
Lauding Hertz (NYSE: HTZ) for its commitment to report to investors on its plans for improving the fuel economy of its fleet, shareholders called on Avis Budget Group (NYSE: CAR) to follow suit and develop a comprehensive greenhouse gas reduction plan for its rental car operations. Avis Budget faces a shareholder vote on the matter at its June 12 annual meeting in Wilmington, Delaware.
New Report: Major Mutual Funds Increase Support for Shareholder Resolutions on Climate Change
Jun 04, 2009
June 4, 2009 – A growing number of investors are pressuring companies whose stock they own to boost their attention to the business risks and opportunities posed by climate change. So they’re increasing the number of shareholder resolutions aimed at moving companies in that direction – and major mutual funds increasingly are voting with them, according to a new Ceres report.