The SEC has denied a request from the media and telecoms company for the green light to omit the proposal from its 2023 proxy statement. The resolution at issue, which was filed by As You Sow, requests that Comcast’s board ‘publish a report… disclosing how the company is protecting plan beneficiaries with a longer investment time horizon from climate risk in [Comcast’s] default retirement options.’ Read More →
Read MoreA shareholder advocacy group is pushing Comcast and Amazon to examine why they don’t offer more ”sustainable” funds to employees through their 401(k) retirement plans, arguing that the lack of such options is out of sync with the stated climate goals at each company. The proposal would require the board of each company to produce a report on the issue. As You Sow brought the measure and it received a green light from the Securities and Exchange Commission to go up for an investor vote at this year’s annual meetings — Amazon’s on May 25 and Comcast’s on June 1. Read More →
Read More
