96% of Caterpillar Shareholders Vote in Support of Climate Action -- A Critical Development in Decarbonizing Industrials Sector
BERKELEY, Calif. , June 8, 2022 |CNW| - Today at Caterpillar''s annual general meeting, 96% of investors (based on the company''s preliminary tally) supported a shareholder resolution filed by As You Sow , Amalgamated Bank , Canada Post , and SHARE . The resolution asks management to release a report disclosing interim and long-term greenhouse gas targets aligned with the Paris Agreement''s goal of maintaining global temperature rise at 1.5°C, and progress made in achieving them. Targets should cover Scope 3 emissions from customer use of products that combust fuels for operation, which account for a vast majority of value-chain emissions. "Today''s majority vote … Full story available on Benzinga.com
96% of Caterpillar Shareholders Vote in Support of Climate Action -- A Critical Development in Decarbonizing Industrials Sector
BERKELEY, Calif. , June 8, 2022 |CNW| - Today at Caterpillar''s annual general meeting, 96% of investors (based on the company''s preliminary tally) supported a shareholder resolution filed by As You Sow , Amalgamated Bank , Canada Post , and SHARE . The resolution asks management to release a report disclosing interim and long-term greenhouse gas targets aligned with the Paris Agreement''s goal of maintaining global temperature rise at 1.5°C, and progress made in achieving them. Targets should cover Scope 3 emissions from customer use of products that combust fuels for operation, which account for a vast majority of value-chain emissions. "Today''s majority vote … Full story available on Benzinga.com