Trump Order Takes Aim at Shareholders Pushing Companies to Address Climate Risks
President Donald Trump has ordered a review of the influence of proxy advisory firms on investments in the fossil fuel industry, a move that could ultimately help oil and gas companies prevent shareholders from voting on resolutions aimed to address the risks of climate change
The executive order Trump signed last week got the most attention for fast-tracking oil and gas pipelines, but the order went further: it also seeks a review of existing laws allowing investors to weigh in on environmental, social and governance issues that affect their investments. Read Full Article - Climate Liability News, April 17, 2019