Investors: Demand Companies Adopt Climate-Friendly Business Practices

Target: Betty T. Yee, Controller, State of California

Goal: Encourage influential shareholder groups to demand that companies adopt climate-friendly business practices.

Influential shareholder groups are increasingly advocating for corporations to implement climate-friendly business practices. This comes as environmental shifts directly threaten several major industries such as agriculture, food processing and construction.

New York comptroller Thomas DiNapoli presides over the third largest pension fund in the United States, valued at nearly $200 billion. He spearheaded an investor effort which compelled Exxon Mobil to disclose climate-related business risks. Although unsuccessful in a similar move pressuring Domino’s to remove deforestation from its supply chain, his advocacy represents an emerging streak of investor activism as the current administration has turned away from environmental protection. The total number of climate-related investor resolutions is already at an all-time high of 131, with almost six full months left in 2017.

Those within industry are more openly acknowledging the threat to business posed by climate change. 90 percent of the 97 food, beverage and tobacco companies recently surveyed reported that their financial health was vulnerable to climate impacts.

Escalating pressure from powerful investors can provide necessary motivation for companies to prioritize climate change mitigation in their business operations. Please sign the below petition urging prominent shareholder representatives to advocate more strongly on behalf of the planet.

PETITION LETTER:

Dear Ms. Yee,

I am writing to encourage that you wield your considerable influence as representative of the largest pension fund in the United States, to advocate strongly for climate-friendly business practices. Your counterpart in New York state, Thomas DiNapoli, has been successful in pressuring companies such as Exxon Mobil to disclose climate-related risks.

It is a critical time for shareholder action as climate impacts worsen and the Trump Administration turns away from environmental protection. You have an opportunity to establish a legacy as a powerful defender of both your constituent’s financial interests and the planet.

Sincerely,

[Your Name Here]

Photo Credit: GovernmentZA

Sign the Petition

  • Only your name will be displayed. By signing, you accept our terms and may receive updates on this and related causes.
FacebookCare2 NewsTwitterEmailShare

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Facebook Comments

comments

260 Signatures

  • kathleen v adamski
  • Lisa La Rosa
  • Sue Mohr
  • Amy Sullivan
  • Martin Hoffman
  • Kjersti Gunnberg
  • Dorothy Savage
  • William Sherman
  • Kathleen Archibald
  • Vanessa Fernandes
1 of 26123...26
Skip to toolbar