Posts in Energy
Valero Energy Corp: Net Zero Scenario analysis or disclose critical climate financial assumptions

BE IT RESOLVED: Shareholders request that Valero's Board of Directors issue an audited report disclosing whether and how applying the assumptions of the International Energy Agency’s Net Zero by 2050 pathway scenario would affect the assumptions, costs, estimates, and valuations underlying its financial statements, including those related to supply and demand, resiliency of assets, remaining asset lives, capital expenditures, and impairments. The Board should produce the report at reasonable cost and omitting proprietary information.

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HCA Healthcare Inc: Net Zero Climate Transition Plan

BE IT RESOLVED: Shareholders request that HCA Healthcare, Inc. issue a report at reasonable cost and omitting proprietary information disclosing if and how the Company intends to reduce its enterprise-wide operational and supply chain GHG emissions in alignment with the Paris Agreement's 1.5 degree goal requiring net zero emissions by 2050.

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Dow Inc: Petrochemical Risks: Single-Use Plastics

BE IT RESOLVED: Shareholders request that Dow’s Board issue an audited report addressing whether and how a significant reduction in virgin plastic demand, as set forth in Breaking the Plastic Wave’s System Change Scenario to reduce ocean plastic pollution, would affect the Company’s financial position and assumptions underlying its financial statements. The report should be at reasonable cost and omit proprietary information.

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Boeing Co: Net Zero Climate Transition Plan

BE IT RESOLVED: Shareholders request the Board issue a report, at reasonable expense and excluding confidential information, evaluating and disclosing if and how the company has met the criteria of the Net Zero Indicator, including scope 3 use of product emissions, or whether it intends to revise its policies to be fully responsive to such Indicator.

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Sysco Corporation: Climate Transition Plan Reporting

BE IT RESOLVED: Shareholders request that Sysco issue a report within a year, and annually thereafter, at reasonable expense and excluding confidential information, disclosing short, medium, and long term greenhouse gas targets aligned with the Paris Agreement’s goal of maintaining global temperature rise at 1.5 degrees Celsius, and progress made in achieving them. This reporting should cover the Company’s full scope of operational and product related emissions.

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AutoZone, Inc.: Climate Transition Plan Reporting

BE IT RESOLVED: Shareholders request that AutoZone, Inc. issue a report within a year, and annually thereafter, at reasonable expense and excluding confidential information, that discloses short, medium, and long term GHG gas reduction targets aligned with the Paris Agreement’s goal of maintaining global temperature rise at 1.5 degrees Celsius, and progress made in achieving them. Reporting should cover the company’s full range of operational and product related emissions.

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Western Digital Corporation: Climate Transition Plan Reporting

BE IT RESOLVED: Shareholders request that Western Digital issue a report within a year, and annually thereafter, at reasonable expense and excluding confidential information, that discloses short, medium, and long term GHG gas reduction targets aligned with the Paris Agreement’s goal of maintaining global temperature rise at 1.5 degrees Celsius, and progress made in achieving them. Reporting should cover the company’s full range of operational and product related emissions.

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Automatic Data Processing, Inc.: Climate Transition Plan Reporting

BE IT RESOLVED: Shareholders request that Automatic Data Processing issue a report within a year, and annually thereafter, at reasonable expense and excluding confidential information, that discloses short, medium, and long term greenhouse gas targets aligned with the Paris Agreement’s goal of maintaining global temperature rise at 1.5 degrees Celsius, and progress made in achieving them. This reporting should cover the company’s operational and product related emissions.

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Cardinal Health, Inc.: Climate Transition Plan Reporting

BE IT RESOLVED: Shareholders request that Cardinal Health issue a report within a year, and annually thereafter, at reasonable expense and excluding confidential information, that discloses short, medium, and long term greenhouse gas targets aligned with the Paris Agreement’s goal of maintaining global temperature rise well below 2 degrees Celsius, and progress made in achieving these goals. This reporting should cover the company’s operational and product related emissions.

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Cintas Corporation: Climate Transition Plan Reporting

BE IT RESOLVED: Shareholders request that Cintas Corporation issue a report within a year, and annually thereafter, at reasonable expense and excluding confidential information, evaluating whether and how the Company intends to revise its policies to be fully responsive to Indicators 1 through 5 of the CA100+ Benchmark.

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Paychex, Inc.: Climate Transition Plan Reporting

BE IT RESOLVED: Shareholders request that Paychex issue a report within a year, and annually thereafter, at reasonable expense and excluding confidential information, evaluating whether and how the Company intends to revise its policies to be fully responsive to Indicators 1 through 5 of the Benchmark.

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Worthington Industries, Inc.: Climate Transition Plan Reporting

Resolved: Shareholders request that Worthington issue a report at least 120 days prior to the next annual meeting, at reasonable expense and excluding confidential information, evaluating whether and how the Company intends to revise its policies to be fully responsive to Indicators 1 through 5 of the Benchmark.

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Caterpillar, Inc.: Climate Change Risks

Resolved: Shareholders request that the Board of Directors issue a report, at reasonable expense and excluding confidential information, disclosing the Company’s climate policies, performance, and improvement targets, if any, responsive to each of the indicators set forth in the Net Zero Benchmark, or any rationale for failure to adopt such metrics.

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General Motors: Climate Change Risks

Resolved: Shareholders request that the Board of Directors issue a report, at reasonable expense and excluding confidential information, disclosing the Company’s climate policies, performance, and improvement targets, if any, responsive to each of the indicators set forth in the Net Zero Benchmark, or any rationale for failure to adopt such metrics.

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Booking Holdings: Climate Transition Reporting

BE IT RESOLVED: Shareholders request that the Board of Directors issue a climate transition report, at least 120 days prior to the next annual meeting, and updated annually, that addresses the scale and pace of its responsive measures associated with climate change.

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Booking Holdings: Shareholder Advisory Votes on Climate Change

BE IT RESOLVED: Shareholders of Booking Holdings request that the Company provide shareholders with the opportunity, in the annual proxy statement (starting with 2022), to provide an advisory vote on whether, in consideration of global climate benchmarks, they approve or disapprove of the Company's publicly available climate policies and strategies.

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Monster Beverage: Shareholder Advisory Votes on Climate Change

Resolved: By investors to Amend Article I of the Bylaws by adding the following section:

Section 16. Annual Proxy Vote and Report on Climate Change. The annual corporate proxy statement shall include a proposal requesting an advisory vote by shareholders expressing non-binding advisory approval or disapproval of the Company’s publicly available climate policies and strategies, in consideration of key climate benchmarks.

The Board of Directors is authorized to include in the Company’s annual proxy statement, or publish elsewhere, a report that characterizes the scale and pace of its responsive measures associated with climate change, including referring, at Board discretion, to the Company’s alignment with climate-related benchmarks.

Nothing in this section shall be construed as constraining the discretion of the board or management in disclosing or managing issues related to a climate change transition.

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Southern Company: Climate Change Risks

BE IT RESOLVED: In order that investors can better understand and measure the material, long-term climate risks associated with our company’s GHG emissions, shareholders request that Southern provide annual public reporting of the indirect upstream GHG emissions from its supply chain. The reporting should be prepared at reasonable cost and omit proprietary information.

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