Coal Companies See Increase in Climate and Energy-Related Shareholder Resolutions
Ceres reported that 2011 has already set a record for shareholder engagement in the energy sector, with several dozen resolutions filed so far.
Ceres reported that 2011 has already set a record for shareholder engagement in the energy sector, with several dozen resolutions filed so far.
The market news is quoted as saying:
Coal companies, including Peabody, Arch (withdrawn) and International Coal Group, received resolutions seeking reports on their response to rising pressure to reduce CO2 and other emissions from their products.
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