shareholder resolutions


In Australia, Too, Shareholders Demand Climate Transparency from Fossil Fuel Companies

, climate accountability campaign manager

This week, an Anglo-Australian company’s annual meeting could send a strong signal for companies’ climate risk disclosure around the world. BHP Billiton Limited, a multinational mining and petroleum conglomerate, will hold its Annual General Meeting (AGM) in Melbourne, Australia. Shareholders are calling for more complete disclosure of the company’s direct and indirect lobbying spending on climate and energy—and for BHP to end its membership in industry groups whose positions are inconsistent with its own. Such disclosure would be a big deal. Read more >

Fig. 2 from Frumhoff, Heede, Oreskes (2015) based on data from Heede (2014)
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Chevron, Exxon, Phillips 66 React to UCS’ Stormy Seas, Rising Risks Report

, Research Director, Center for Science and Democracy

Last month, my colleague Christina Carlson and I released our report, Stormy Seas, Rising Risks: What Investors Should Know About Climate Change Impacts at Oil Refineries. The report analyzed the risk that five companies—Chevron, Exxon Mobil, Marathon Petroleum, Phillips 66, and Valero—face from sea level rise and storm surge, and compared that to what risk companies did and did not disclose to their investors. Read more >

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