Proxy Monitor 2016 — Finding 2: Environmental Issues

The average shareholder vote for environment-related proposals is up somewhat in 2016, to 21 percent, from 17 percent in 2015 (and 15 percent across the full 2006–16 period). Five environment-related shareholder proposals received at least 40 percent shareholder support (a record number); four of these five proposals involved climate change or greenhouse gas emissions. As in 2015, a plurality of shareholder proposals in 2016 have involved environmental concerns, including climate change, greenhouse gas emissions, “sustainability,” recycling, water quality, genetically modified organisms, fossil fuels, nuclear power, and methane emissions.

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