Investors have filed 42 global warming resolutions with U.S. companies as part of the 2007 proxy season, when corporations hold their annual meetings of shareholders. This figure is nearly double the number of climate-related resolutions filed just three years ago.
The global warming resolutions were compiled by CERES, a coalition of investors, environmental groups and other public interest organizations working with companies to address sustainability challenges such as global climate change.
Some of the resolutions at these companies are not proceeding to a vote either because the proposal was withdrawn by shareholders after a satisfactory pledge by the company to implement the request, or because the U.S. Securities and Exchange Commission excluded the proposal on technical grounds.
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