Financial Times (June 1)
“Shareholders have ramped up pressure on companies to tackle global warming even as businesses grapple with the fallout of the coronavirus pandemic.” Their targets have included JPMorgan and Rio Tinto and through May 20, “climate change resolutions at annual meetings received average shareholder support of 23 per cent,” up from “16 per cent during all of 2019.”
Tags: Annual meetings, Climate change, Coronavirus, Global warming, JPMorgan, Pandemic, Pressure, Resolutions, Rio Tinto, Shareholders
Wall Street Journal (June 2)
“Climate-change activists are relentless, and in recent years they’ve been trying to take over corporate boardrooms. So it was good to see shareholders last week overwhelmingly vote down resolutions forcing Chevron and Exxon Mobil to hurt their business.”
Tags: Activists, Boardrooms, Chevron, Climate change, Exxon Mobil, Relentless, Resolutions, Shareholders, Vote
Financial Times (December 14)
There is growing belief that the fiscal cliff might be easier to solve after taking the end of the year plunge. “Both sides believe there would be little difference in terms of impact on the US economy between striking a deal on December 31 or waiting until January 4…. Such complacency is dangerous. The world is watching to see if the US can govern itself responsibly. No one has faith in Washington’s New Year’s resolutions.”
Tags: Complacency, Economy, Fiscal cliff, Govern, Resolutions, U.S.
