Shareholder Resolutions on the Rise
U.S. investors have filed a record 54 shareholder resolutions with U.S. companies facing "far-reaching business impacts from climate change," according to a coalition of investors demanding that corporations include tangible responses to climate change in their basic business strategies.That's nearly twice as many as were filed two years ago, says the Boston-based Ceres coalition of companies, investors and environmental groups that includes San Francisco Bay Area companies such as Catholic Healthcare West, Clif Bar & Co., Gap Inc., PG&E Corp. and Sun Microsystems Inc., along with both the Sacramento-based California State Teachers' Retirement System and the California Public Employees Retirement System, two of the nation's largest public pension funds.
Investors file flurry of global-warming resolutions [East Bay Business Times]


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