Shareholder Proposals: Climate is Still a Big Target

This Reuters article draws on these stats provided by Ceres that reflect the continuing high pace and evolving nature of climate-related shareholder proposals:

1. To date, proponents have filed 263 climate-related resolutions compared to 259 in all of last year.
2. Of these proposals, 56 have been withdrawn so far in exchange for a company commitment of some sort, compared to 83 last year (and 116 in 2022).
3. A total of 28% of these proposals relate to GHG reduction goals and/or climate transition plans.
4. Newer emerging trends involve biodiversity-related and water-related proposals.
5. The consumer goods sector has seen the highest number (72) of climate-related proposals filed this year, followed by financials (59), industrials (40) and energy (26).

And there should be more to come.