2022 general annual meetings: will investors vote to protect the climate?

The document calls on banks, insurers, and investors to use the 2022 AGM season to challenge fossil fuel expansion, citing IEA and IPCC reports that state new fossil fuel projects are incompatible with limiting global warming to 1.5°C. It highlights a gap between the decarbonization targets of financial players in the Paris financial center and their continued support for companies developing new fossil fuel projects. Reclaim Finance urges shareholders to block insufficient 'Say on Climate' plans, support climate-strengthening resolutions, and oppose the re-appointment of directors at companies persisting in fossil fuel development.

• The 2022 AGM season follows the release of IEA and IPCC reports which establish that new fossil fuel projects are incompatible with the goal of limiting global warming to 1.5°C.
• Despite announcing decarbonization targets and belonging to coalitions committed to carbon neutrality, most financial players in the Paris financial center continue to provide unconditional support to companies developing new fossil fuel projects.
• Reclaim Finance recommends three specific shareholder actions during AGMs to address climate inaction: voting against insufficient 'Say on Climate' plans, supporting resolutions to strengthen corporate climate plans, and opposing the re-appointment of Directors at companies developing new fossil projects.

APA

admin (2022). 2022 general annual meetings: will investors vote to protect the climate? Reclaim Finance. https://reclaimfinance.org/site/en/2022/04/27/2022-general-annual-meetings-will-investors-vote-to-protect-the-climate/

Chicago

admin. 2022 general annual meetings: will investors vote to protect the climate? Reclaim Finance, 2022. https://reclaimfinance.org/site/en/2022/04/27/2022-general-annual-meetings-will-investors-vote-to-protect-the-climate/.

Wikipedia

{{cite press release |last1=admin |title=2022 general annual meetings: will investors vote to protect the climate? |publisher=Reclaim Finance |date=27 April 2022 |url=https://reclaimfinance.org/site/en/2022/04/27/2022-general-annual-meetings-will-investors-vote-to-protect-the-climate/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin20222022, author = {admin}, title = {{2022 general annual meetings: will investors vote to protect the climate?}}, publisher = {Reclaim Finance}, year = {2022}, month = apr, url = {https://reclaimfinance.org/site/en/2022/04/27/2022-general-annual-meetings-will-investors-vote-to-protect-the-climate/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }