On April 7 Glass Lewis hosted a Proxy Talk conference call to discuss shareholder proposals relating to the environment that shareholders will vote on at companies in 2016, including proposals submitted at three energy companies requesting disclosure on climate change risk and opportunities. Similar proposals, also called “Aiming for A,” received well over majority support at a handful of European companies where they were submitted in 2015, due in large part to the fact that in each case the board recommended shareholders vote in favor.
The following is a list of some of the companies that will face shareholder proposals on climate change risk in the 2016 proxy season: AES, Noble Energy, Occidental, Anadarko, FirstEnergy, Chevron, ExxonMobil, Southern Co and Devon.
Anne Simpson, Investment Director, Global Governance, CalPERS
Michael Garland, Assistant Comptroller – Corporate Governance and Responsible Investment, Office of New York City Comptroller Scott M. Stringer, Bureau of Asset Management
Helen Wildsmith, Stewardship Director – Climate Change, CCLA
Robert McCormick (Moderator), Chief Policy Officer, Glass Lewis