Andrew Behar, a shareholder advocate and CEO of As You Sow, which has long led climate disclosure efforts among investors pressuring companies, and who is involved in the Say on Climate initiative, says using the 2050 net-zero target as an example — which is the timeline for many companies — means a net 50% reduction by 2030, because once the low-hanging fruit is taken care of, the percentage goals get harder to reach. “That means 5% every year for the next 10 years, and it means Scope 3, and they need to actually report that.” Read More →
Read MoreAs You Sow, which focuses on corporate environmental and social responsibility, told CQ Roll Call that a shareholder proposal submitted to railroad company Union Pacific Corp. seeking the “say-on-climate” vote is the first of many the group plans to put forward for consideration in 2021. The group says it’s also working on a petition to regulators to mandate these votes. Read More →
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