13 Feb '12, 7pm

Proxy Power: Shareholder Successes on Climate, Energy & Sustainabiity

This report from Ceres tracks how more than 230 shareholder resolutions over the last three years have influenced company commitments to energy, climate and sustainability issues. Among the notable examples from the report: • When As You Sow filed a resolution in 2009 targeting Idaho-based energy company Idacorp's sustainability commitments, the resolution got 52 percent approval from shareholders, and resulted in a commitment from the company to reduce their emissions by 10 to 15 percent by 2013, as well as the launch of its first wind-energy projects and research into solar generation. • Through shareholder resolutions across a range of companies, investors convinced Hershey and General Mills to commit to sourcing 100 percent certified sustainable palm oil , and Avon to purchase certified sustainable palm oil offsets . Ceres president Mindy Lubber wrote about the commitm...

Full article: http://www.greenbiz.com/research/report/2012/02/13/proxy-...

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