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Nike, UPS, Starbucks Shareholders Demand GHG Cuts, Sustainability Reporting

16 Aug

Read the full story in Environmental Leader.

Investors filed 110 shareholder resolutions this proxy season related to sustainability issues and climate change with 94 US companies, according to business nonprofit Ceres, which helped coordinate the shareholder filings.

Among resolutions filed with major US manufacturers, consumer brands and service providers, many investors requested board oversight of corporate sustainability issues and comprehensive disclosure via sustainability reports. Overall, investors withdrew more than 40 of the 110 resolutions after the companies responded affirmatively to their specific requests, Ceres says.

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Posted by on August 16, 2013 in Green business

 

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