Posts tagged GHG Emissions
Raytheon Technologies Corp: Net Zero Targets & Climate Transition Planning

BE IT RESOLVED: Shareholders request the Board issue a report, at reasonable expense and excluding confidential information, disclosing how the Company intends to reduce its full value chain greenhouse gas emissions in alignment with the Paris Agreement's 1.5°C goal requiring Net Zero emissions by 2050.

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Deere & Co: Climate Transition Plan and GHG Reduction Goals

BE IT RESOLVED: Shareholders request that Deere issue a climate transition report, at reasonable cost and omitting proprietary information, disclosing long-term science-based 1.5 degree greenhouse gas targets, covering scopes 1-3, including operational, supply chain, and product related emissions, and progress made in achieving them.

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Caterpillar Inc: Climate disclosures or other measures to reduce GHG emissions

BE IT RESOLVED: Shareholders request that Caterpillar issue a report within a year, and annually thereafter, at reasonable expense and excluding confidential information, disclosing interim 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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Chubb Ltd: Climate disclosures or other measures to reduce GHG emissions including setting Net Zero targets

BE IT RESOLVED: Shareholders request that Chubb issue a report, at reasonable cost and omitting proprietary information, addressing whether and how it intends to measure, disclose, and reduce the GHG emissions associated with its underwriting, insuring, and investment activities in alignment with the Paris Agreement’s 1.5oC goal, requiring net zero emissions.

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Berkshire Hathaway Inc: Climate disclosures or other measures to reduce GHG emissions including setting Net Zero targets

BE IT RESOLVED: Shareholders request that Berkshire issue a report, at reasonable cost and omitting proprietary information, addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated with its underwriting, insuring, and investment activities, in alignment with the Paris Agreement’s 1.5⁰C goal, requiring net zero emissions.

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Marathon Oil Corp: Net Zero Scenario analysis or disclose critical climate financial assumptions

BE IT RESOLVED: Shareholders request that Marathon Oil’s Board of Directors provide an audited report addressing how application of the assumptions of the IEA’s Net Zero by 2050 pathway would affect the assumptions and estimates underlying Marathon’s financial statements, including its long-term commodity and carbon prices, remaining asset lives, existing and future asset retirement obligations, capital expenditures, and asset valuations (impairments). The report should be produced at reasonable cost and omitting proprietary information.

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Southern Co: Climate disclosures or other measures to reduce GHG emissions

BE IT RESOLVED: Shareholders request that Southern revise its net zero by 2050 target, and any relevant interim targets, to integrate Scope 3, upstream and downstream, value chain emissions consistent with guidelines such as the CA100+ and SBTi, or publish an explanation of why the Company does not view inclusion of those emissions as appropriate.

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Chevron Corp: Impacts of Net Zero 2050 Scenario

BE IT RESOLVED: Shareholders request Chevron’s Board of Directors provide an audited report addressing how application of the assumptions of the IEA’s Net Zero by 2050 pathway would affect the assumptions and estimates underlying its financial statements, including its long-term commodity and carbon prices, remaining asset lives, existing and future asset retirement obligations, capital expenditures, and asset valuations (impairments). The report should be produced at reasonable cost and omitting proprietary information.

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Travelers Companies Inc: Climate disclosures or other measures to reduce GHG emissions including setting Net Zero targets

BE IT RESOLVED: Shareholders request that Travelers issue a report, at reasonable cost and omitting proprietary information, addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated with its underwriting, insuring, and investment activities, in alignment with the Paris Agreement’s 1.5oC goal, requiring net zero emissions.

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Hartford Financial Services Group Inc: Net Zero goals or no insuring new oil & gas projects

BE IT RESOLVED: Shareholders request that The Hartford issue a report, at reasonable cost and omitting proprietary information, addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated with its underwriting, insuring, and investment activities, in alignment with the Paris Agreement’s 1.5oC goal, requiring net zero emissions.

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Dominion Energy Inc: Climate disclosures or other measures to reduce GHG emissions

BE IT RESOLVED: Shareholders request that Dominion revise its net zero by 2050 target, and any relevant interim targets, to integrate Scope 3 value chain emissions consistent with guidelines such as the CA100+ and SBTi, or publish an explanation of why the Company does not view inclusion of those emissions as appropriate.

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Duke Energy Corp: Climate disclosures or other measures to reduce GHG emissions

BE IT RESOLVED: Shareholders request that Duke revise its net zero by 2050 target, and any relevant interim targets, to integrate Scope 3 value chain emissions consistent with guidelines such as the CA100+ and SBTi, or publish an explanation of why the Company does not view inclusion of those emissions as appropriate.

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ExxonMobil Corp: Impacts of Net Zero 2050 Scenario

RESOLVED: Shareholders request that ExxonMobil's Board of Directors seek an audited report assessing how applying the assumptions of the International Energy Agency’s Net Zero by 2050 pathway would affect the assumptions, costs, estimates, and valuations underlying its financial statements, including those related to long-term commodity and carbon prices, remaining asset lives, future asset retirement obligations, capital expenditures and impairments. The Board should obtain and ensure publication of the report by February 2023, at reasonable cost and omitting proprietary information.

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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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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: 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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