Top U.S. bank investors gave only slim support on Tuesday to shareholder resolutions calling for the lenders to wind down new fossil fuel financing, setbacks for climate activists who had hoped for new constraints on the oil and gas industries.
Heidi Welsh, executive director of the Sustainable Investments Institute, which tracks such votes, had said the non-binding items needed 20% support to get much traction.
Welsh and activists pointed to other signs investors remain concerned about climate matters. For instance a resolution calling for Citi to report on its concern for the rights of Indigenous peoples, which had an environmental component, won 31% support, typically enough to draw boardroom attention. "As the climate crisis worsens, investors must move beyond calls for disclosure only and demand companies take real steps to align their business practices with their stated climate commitments," Waxman said.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
‘The Martian’ is coming: Yankees top prospect set for series at Harrisburg Senators starting TuesdayNew York Yankees star prospect Jasson Dominguez, nicknamed 'The Martian,' is slated to be with Somerset for a series against Harrisburg this week.
Les mer »
How to watch ‘American Idol’ tonight (4/24/23): FREE live stream, time, channelThe Top 20 will perform, hoping to make it to the next round - the Top 12.
Les mer »
Sixers to begin East semifinals at Boston on Saturday if Celtics close out Hawks on TuesdayIf the Celtics are nearly as efficient as the Sixers have been in dispatching first-round opponents, a new playoff series could start as early as this coming weekend.
Les mer »
Houston's Windsync quintet brings back multi-site music fest that begins TuesdayThe venues where the wind quintet will perform include Methodist Hospital, Zilka Hall and...
Les mer »
Central Texas weather: Cool Monday, severe storms possible Tuesday and WednesdayMonday will be cool and dry, but we could be in for some more severe weather later this week. Zack Shields has details in his full forecast.
Les mer »