Follow the Talent: Agents of Impact Special Report for May. 24
Climate shareholders. The proxy season is in full swing and the results on 75 climate-related resolutions are… mixed. This week’s Agents of Impact are the climate-smart asset owners, asset managers, proxy advisory services, investor networks, shareholder activists and engaged employees and citizens engaging corporate managers through their ownership. Among asset owners, the $210 billion New York State Common Retirement Fund and the $10.5 billion Church of England are pressing Exxon to face up to climate risks at this week’s annual meeting. Exxon successfully appealed to the SEC to quash a shareholder proposal to ask Exxon to disclose emission-reduction targets (see, “As shareholders get active on climate, the SEC lets companies duck votes”). Read Full Article - Impactalpha, May 24, 2019