Shareholders filed climate-related proxy proposals at 56 U.S. companies, including General Motors Corp., Exxon Mobil Corp. and Chevron Corp., Ceres and the Interfaith Center on Corporate Responsibility said in a statement today.
The proposals seek greater disclosure of financial exposure and response strategies to the potential impact of climate-related change.
“Given the political shift in Washington, all companies should be minimizing climate risks and maximizing clean energy opportunities,” Mindy S. Lubber, president of Ceres, said in the statement. “Companies that miss this trend are setting themselves up to fail in the 21st century low-carbon economy.”
The $107.3 billion New York City Retirement Systems filed proposals at Consol Energy Inc. and Massey Energy Co., requesting a report on how each company is responding to regulatory and competitive pressure to reduce greenhouse gas emissions.
Ceres, an investor coalition concerned with environmental issues, and the ICCR, a group of faith-based investors, coordinated the filings.
