Climate activist shareholders are gaining support, but not where it counts
Climate activists failed to garner majority support for climate-related shareholder resolutions at three top US banks on April 26. While outperforming previous efforts, the three shareholder motions to end financing for fossil fuel expansion at Citi, Bank of America, and Wells Fargo only garnered 12.8%, 11%, and 11% of the votes, respectively. The measures would …
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