As major U.S. companies head into their annual shareholder meetings this spring, firms are facing a record number of proposals to curb corporate carbon emissions and prepare for the threats of climate change.
While the movement of shareholder activists has been steadily building for years, the Paris climate agreement reached in December has fueled a surge in climate-focused resolutions. Shareholders — including giant state pension funds, private foundations and individuals — are pushing public companies to not only reduce their environmental impacts but also develop long-term strategies to navigate a world of tougher regulations and rising climate risks.
Read more in International Business Times