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SEC Move Would Curb Shareholder Climate Resolutions
Original: SEC Move Would Make it Harder for Shareholders to Push Companies on Climate Action
The Securities and Exchange Commission is reportedly weighing changes that would make it harder for shareholders to file resolutions pressing companies on climate action. Environmental advocates say the move would weaken investors' ability to hold corporations accountable on emissions and climate risk, while business groups have long argued such proposals are burdensome. The policy debate comes as shareholder climate resolutions have become a key tool for pushing corporate change.
Why now: New SEC regulatory activity threatens to limit a major avenue investors use to influence corporate climate policy.
US Securities and Exchange Commission
Evidence
- SEC Move Would Make it Harder for Shareholders to Push Companies on Climate Action · Inside Climate News
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