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Environmental Resolutions Continue to Gain Strong Shareowner Support

Description
This article from socialfunds.com highlights shareholder resolutions on natural gas hydraulic fracturing and coal ash management. The resolutions on hydraulic fracturing at EOG Resources and Cabot Oil & Gas, part of a campaign coordinated by the Investor Environmental Health Network and Green Century Capital Management drew support from approximately 1/3 of voting shares, an unusually high tally for the first year of a shareholder resolution on a new environmental subject. Efforts by both companies to keep the resolutions off their proxy ballots were rejected by the Securities and Exchange Commission.
Resource Type(s)
Article
Geographic Areas
National
Focus area(s)
  • Climate Change / Energy
  • Environmental Health
  • Markets-focused Work
  • Toxics
  • Water
Website Address
http://www.socialfunds.com/news/article.cgi/2946.html