2024 PROXY SEASON & FLAGGED SHAREHOLDER VOTES

Climate Action 100+ flags key shareholder proposals and other votes for investors to take into consideration during proxy season

Climate Action 100+ may flag key shareholder proposals and management votes during proxy season for investors to take into consideration on its website and in other communications. The Climate Action 100+ flagged votes list provides information to the market about company responsiveness to the goals of the initiative and progress towards disclosures requested through the Climate Action 100+ Net Zero Company Benchmark. 

The list of flagged votes will be updated on a weekly basis throughout the 2024 proxy season. Follow us on LinkedIn to stay up-to-date.

Signatories are independent fiduciaries responsible for their own investment and voting decisions and must always act completely independently to set their own strategies, policies and practices based on their own best interests. Read our disclaimer.

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Past AGMs that have occurred in 2024

Past AGM Dates
CompanyFlagged VoteFlag TypeSupporting MaterialsResult
30 April 2024
PACCAR Inc. Item 6: Stockholder Proposal Regarding a Report on Climate-Related Policy Engagement. Filed by Calvert Research and Management and the Comptroller of the City of New York. Shareholder Proposal Calvert Research and Management Exempt Solicitation and InfluenceMap investor briefing.

29.3% For 

(Source) 

30 April 2024
Imperial Oil Limited / Compagnie PétrolièreImpériale LtéeItem 3: Shareholder proposal regarding a report on the impact of climate transition scenarios on asset retirement obligations. Filed by Athabasca Chipewyan First Nation on behalf of Leanne Baer.Shareholder ProposalAthabasca Chipewyan First Nation memo and supplemental statement from investor signatory Aequo. 

4.3% For, representing 18.8% of the publicly traded shares 

(Source) 

2 May 2024 Ltd (plc AGM was 4 April 2024)
Rio Tinto plc / Rio Tinto LtdSarasin & Partners LLP to vote Abstain on Resolution 1 – Receipt of the 2023 Annual Report Management ProposalMemo and Sarasin & Partners LLP pre-declaration.<1% Against 
Sarasin & Partners LLP to vote Abstain on Resolution 12 – To re-elect Simon Henry as a Director Management Proposal2.4% Against 
Sarasin & Partners LLP to vote Abstain on Resolution 19 – Reappointment of the Auditor.  Management Proposal

<1% Against 

(Source) 

4 May 2024
Berkshire HathawayItem 3: Shareholder proposal requesting that the Board of Directors disclose in a consolidated annual report GHG emissions data by scope, as well as progress toward its net-zero decarbonization goal, for Berkshire Hathaway Energy. Filed by Illinois State Treasurer.Shareholder Proposal Illinois State Treasurer Exempt Solicitation. 

17.7% For 

(Source) 

 

7 May 2024
Suncor EnergyItem #5: Shareholder Proposal No. 2 – To consider a shareholder proposal for Suncor to disclose audited results assessing a range of climate transition scenario. Filed by Investors for Paris Compliance.Shareholder ProposalInvestors for Paris Compliance memo, and supplemental statement from investor signatory NEI Investments.

11.6% For 

(Source) 

 

14 May 2024

Equinor ASA

 

Resolution 15 – Shareholder proposal requesting an updated strategy and capital expenditure plan. Filed by Sarasin & Partners LLP, and three other Climate Action 100+ signatories.Shareholder ProposalSupporting Statement, Sarasin & Partners LLP statement, and supplemental statement from investor signatory Railpen.

6.46% or 29% of the free float*

Investor statement on the result

(Source)

 

15 May 2024
Valero Energy Corp.Robeco to vote against Item 1d: reappointment of the Executive Chairman Joseph W. Gorder.Management ProposalRobeco memo. 4.7% Against (Source)
21 May 2024

Shell plc

 

Resolution 23: Shareholder Resolution to align medium-term emissions reduction targets covering the greenhouse gas (GHG) emissions of the use of its energy products (Scope 3) with the goal of the Paris Climate Agreement. Filed by 27 Institutional Investors. Shareholder proposalMemo from MN on behalf of client PMT (Pensioenfonds Metaal en Techniek) and PMT’s pre-declaration.18.6% For (Source)
22 May 2024
The Southern CompanyItem 6: Disclose Short-, Medium- and Long-Term Operational GHG Targets. Filed by Mercy Investment Services and BNP Paribas Asset Management. Shareholder ProposalMercy Investment Services Exempt Solicitation.  Supplemental investor signatory statements: Office of the Illinois State Treasurer memo; New York State Common Retirement Fund’s pre-declaration, New York City Office of the Comptroller’s vote.  9.37% For (Source)
23 May 2024
NextEra Energy, Inc. Proposal 5- Climate Lobbying Report. Filed by CCLA Investment Management Limited, Mercy Investment Services and RailpenShareholder ProposalCCLA Investment Management Limited, Mercy Investment Services and Railpen Exempt Solicitation, InfluenceMap, investor briefing, and supplemental statement from investor signatory San Francisco Employees’ Retirement System (SFERS). 32.5% For (Source)
29 May 2024
Chevron Corp.Wespath Benefits and Investments to vote against Items 1a and 1d: reappointments of Lead Independent Director Wanda Austin and Director Enrique Hernandez, Jr.Management ProposalWespath Benefits and Investments pre-declaration.1a. Wanda M. Austin 97.4% For, 2.6% Against; 1d. Enrique Hernandez, Jr. 93.7% For, 6.3% Against (Source)
29 May 2024
Glencore plc.Ninety One to vote against the 2024-2026 Climate Action Transition Plan (Resolution 12).Management ProposalNinety One pre-declaration.90.07% For, 9.93% Against; and 5.58% of issued share capital cast withheld votes (Source)
18 June 2024

 

Toyota Motor Corp.

Proposed Resolution 4: Partial Amendments to the Articles of Incorporation (Issuing annual report on the alignment with climate-related lobbying activities and the goals of the Paris Agreement). Filed by Kapitalforeningen MP on behalf of AkademikerPension.Shareholder ProposalAkademikerPension filer statement, press release, and InfluenceMap assessment. 9.17% For (Source)
21 June 2024
Nippon Steel Corp.Resolution 8 – Amend Articles to Report on Corporate Climate Lobbying (page 33). Filed by Legal & General Investment Management (LGIM) and Australasian Centre for Corporate Responsibility (ACCR).Shareholder ProposalLegal & General Investment Management filer statement and pre-declaration, InfluenceMap assessment, and webinar recording.27.4% For (Source)

*Note: The Government of Norway owns 67% of the share capital (2,012,080,085  sharessource link) when subtracted from the 2,420,207,253 shares that voted against shareholder resolution #15 this equals = 408,127,168 shares against vs the 167,277,612 that voted For = 29% out of 575,404,780 non-Government shares voted. Another 3.5% is held by Folketrygdfondet who is the manager of the Government Pension Fund Norway, if this Government holding is excluded the free float support for the shareholder proposal increases to 35.6%. Link to results (Link).

2024 Withdrawals for Agreement

Flagged proposals represent only a subset of climate-related shareholder proposals aligned with the goals of the initiative filed this year. Certain resolutions have been withdrawn for agreement following negotiation with the company.

 

ThemeNumber of Withdrawals for AgreementRelevant Public Statements
Climate transition plan and/or greenhouse gas targets 2 Rio Tinto commits to improved scope 3 disclosure
Climate lobbying
4


Renault committed to a climate policy and industry association review “No later than the  2025 AGM.” Investor statement
Shell commits to updated review prior to 2025 AGM
TotalEnergies published review of industry Associations
Biodiversity and climate risks 1  
Climate link for executive pay 2 The Southern Company – new disclosure and commitments

 

2024 AGM Statements and Commitments – Examples

Signatory investors may choose to make a statement at a company’s Annual General Meeting (AGM) to highlight the company’s progress with respect to the Climate Action 100+ agenda. Relevant AGM statements for the 2024 proxy season will be updated on a regular basis. 

  • Anglo American plc – The Church of England Pension Board made a statement on methane emissions at the AGM on the 30 April. Press release here: Link 
  • Shell plc –The Phoenix Group attended the 2024 AGM as leads of Climate Action 100+ and presented five recommendations. No recording available. 
  • TotalEnergies SE– A lead investors asked the following question in person: “We would like to hear the Board’s perspective on how the company will continue and extend activities on methane reduction on non-operated assets, and quantify the resulting impacts? – For instance through joint-ventures and partners. We further recommend the company discloses alignment with the IEA’s recent guidance on best-practice levels of GHG-missions intensity (scope 1&2)* from respective upstream and midstream, oil and gas activities.” Access the replay here: Link
    *IEA Nov.2023, p.72; p.139 table 3.1: https://www.iea.org/news/oil-and-gas-industry-faces-moment-of-truth-and-opportunity-to-adapt-as-clean-energy-transitions-advance 

News

2023 Proxy Season: Just Transition

Planning for a Just Transition is no longer a trade off with the necessary pace of decarbonization, but a vital consideration on the route to net zero. Read more about the Just Transition here as part of our proxy season explainer series.

PROXY SEASON ARCHIVE

Explore key shareholder proposals and votes from past proxy seasons.

COMPANYFLAGGED VOTEFLAG TYPE SUPPORTING MATERIALS RESULT 
AGM Date – 25 April
PACCAR Inc Report on lobbying in line with Paris Agreement. Filed by Calvert Research & Management. Shareholder Proposal Exempt solicitation, InfluenceMap assessment, and relevant pre-declarations47.4% FOR 
AGM Date – 26 April
Engie SA  Resolution on modification of the articles of association on the company’s climate strategy. Filed by MN and ERAFP and 14 others.  Shareholder Proposal Memo and relevant pre-declarations24% FOR 
Marathon Petroleum Report on asset retirement obligations. Filed by New Jersey Division of Investment. Shareholder Proposal Memo and relevant pre-declarations22.8% FOR 
Report on climate-related just transition plan. Filed by International Brotherhood of Teamsters General Fund Shareholder ProposalExempt solicitation and relevant pre-declarations16.4% FOR
AGM Date – 27 April
CRH plc Sarasin & Partners LLP to vote AGAINST Resolution 1. To review the Company’s affairs and consider the Company’s financial statements and the Reports of the Directors (including the Governance Appendix1) and Auditors for the year ended 31 December 2022. Management Proposal Memo and relevant pre-declarations1.43% AGAINST 
Sarasin & Partners LLP to vote AGAINST Resolution 6. Ratify Deloitte Ireland LLP as Auditors. Management ProposalMemo and relevant pre-declarations.75% AGAINST 
Lockheed Martin Corporation Net Zero Targets & Climate Transition Planning. Filed by As You Sow.Shareholder Proposal Exempt solicitation and relevant pre-declarations35.4% FOR 
AGM Date – 02 May
Imperial Oil Adopt GHG reduction targets. Filed by Bâtirente and Ferique Fund Management with the support of Æquo.  Shareholder Proposal Memo and relevant pre-declarations3.7% FOR (16% of independent votes) 
Report on impact of energy transition on asset retirement obligations. Filed by British Columbia Investment Management Corporation.Shareholder Proposal Relevant pre-declarations4.4% FOR (18.9% of independent votes) 
AGM Date – 06 May
Berkshire Hathaway 
 		California Public Employees’ Retirement System to WITHHOLD votes from Audit Committee members Christopher Davis, Susan Decker and Meryl Witmer. Management Proposal Exempt solicitation and relevant pre-declarationsDavis: 3.75% AGAINST (Pending: % independent votes); Decker: 13.81% AGAINST (Pending: % independent votes); Witmer: 3.43% AGAINST (Pending: % independent votes) 
Adopt board oversight of material sustainability issue(s). Filed by Robeco and The Office of the Treasurer for the State of Illinois as Trustee of the Bright Start College Savings Trust. Shareholder ProposalExempt solicitation and relevant pre-declarations18.0% FOR (Pending: % independent votes) 
Report on physical and transition risks and opportunities. Filed by California Public Employees’ Retirement System. Shareholder Proposal Exempt solicitation and relevant pre-declarations26.8% FOR (Pending: % independent votes)
AGM Date – 09 May
Suncor Energy Inc. Report on capital expenditure alignment with GHG reduction targets. Filed by Investors for Paris Compliance.  Shareholder Proposal Memo, rebuttal, business case video testimonial, and relevant pre-declarations17.7% FOR 
Valero Energy Corp. Report on GHG targets and transition plan. Filed by Mercy Investment Services, Inc. Shareholder ProposalExempt solicitation, business case video testimonial, and relevant pre-declarations33.07% FOR 
Mercy Investment Services urges vote AGAINST the re-election of director nominees Robert A. Profusek, Deborah Majoras, and Rayford Wilkins. Management Proposal Exempt solicitation, business case video testimonial, and relevant pre-declarationsProfusek: 8.46% AGAINST; Majoras: 9.5% AGAINST; Wilkins:7.93 AGAINST 
AGM Date – 10 May
Volkswagen AG Church of England Pensions Board to vote AGAINST actions of the board of management (13 votes, items 3.1 to 3.13 on the ballot). Management Proposal Memo and relevant pre-declarationsLess than 1% AGAINST 
Church of England Pensions Board to vote AGAINST actions of the supervisory board (25 votes, items 4.1 to 4.25 on the ballot). Management ProposalMemo and relevant pre-declarations1.1% (4.1) range of 0.74%- 1.04% (4.2-4.25); Approx. 2.3% of ‘Free float’
Church of England Pensions Board to vote AGAINST re-election of members of the supervisory board (3 votes, items 5.1 to 5.3 on the ballot). Management Proposal Memo and relevant  pre-declarations1.54% to 1.59%  AGAINST; Approx. 3.5% of ‘Free float’
Equinor ASA Sarasin & Partners LLP to vote AGAINST approval of the annual report and accounts for Equinor ASA and the Equinor group for 2022, including the board of directors’ proposal for distribution of fourth quarter 2022 dividend. Management Proposal Memo and relevant pre-declarations0.39% AGAINST (1.39% of independent shareholders) 
AGM Date – 11 May
Martin Marietta Materials, Inc. Adopt GHG targets and transition plan. Filed by Amundi Asset Management. Shareholder Proposal  Exempt solicitation and relevant pre-declarations32.8% FOR 
AGM Date – 23 May
Shell plcAlign its existing 2030 reduction targets covering the greenhouse gas (GHG) emissions of the use of its energy products (Scope 3) with the goal of the Paris Climate Agreement. Filed by Follow This. Shareholder Proposal Memo and relevant pre-declarations20.19% FOR
MN to vote  AGAINST Resolution 25 –Shell’s Energy Transition Progress Report for the year 2022. Management Proposal Relevant pre-declarations19.99% AGAINST
AGM Date – 24 May
The Southern Company Adopt scope 3 GHG targets. Filed by As You Sow.  Shareholder Proposal Exempt solicitation and relevant pre-declarations19.8% FOR
AGM Date – 26 May
Glencore PLC Shareholder resolution on Projected Thermal Coal Production. (Res. #19). Filed by Australian Centre for Corporate Responsibility (ACCR); ShareAction and a coalition of institutional investors. Shareholder Proposal Investor bulletin and relevant pre-declarations29.2% FOR
TotalEnergies SE Align its existing 2030 reduction targets covering the greenhouse gas (GHG) emissions of the use of its energy products (Scope 3) with the goal of the Paris Climate Agreement. Filed by Follow This, MN, and 16 others. Shareholder Proposal Memo and relevant pre-declarations30% FOR
AGM Date – 31 May
Chevron Corp. Wespath Benefits and Investments urges shareholders to vote AGAINST the election of Director Austin and Director Hernandez, Jr.  Management Proposal Exempt solicitation, InfluenceMap assessment, relevant pre-declarationsAustin: 5.1% AGAINST

Hernandez Jr: 7.6% AGAINST

Exxon Mobil Corp. Report on impact of energy transition on asset retirement obligations. Filed by Christian Brothers Investment Services and Legal & General Investment Management. Shareholder Proposal Exempt solicitation, Carbon Tracker assessment and relevant  pre-declarations16.0% FOR 
Report on methane measurement. Filed by Sisters of St. Francis Dubuque Charitable Trust with the support of Seventh Generation Interfaith Coalition for Responsible Investment.Shareholder ProposalExempt solicitation, business case video testimonial, and relevant pre-declarations36.4% FOR
Report on climate-related just transition plan. Filed by United Steelworkers. Shareholder ProposalExempt solicitation and Relevant  pre-declarations16.6% FOR
AGM Date – 14 June
Toyota Motor Corp. Resolution 4: Partial Amendments to the Articles of Incorporation (Annual review and report on impact on TMC caused by climate related lobbying activities and the alignment with the goals of the Paris Agreement. Filed by AkademikerPension, Storebrand Asset Management, and APG Asset Management. Shareholder ProposalInvestor statement, InfluenceMap assessment, and relevant pre-declarations 15.06% FOR
AGM Date – 10 July 
National GridItem 3 – To re-elect Paula Rosput Reynolds as a Director of the Company Management Proposal Investor statement, memo, and relevant pre-declarations. Flag withdrawn following commitment from the company 
Item 4 – To re-elect John Pettigrew as a Director of the CompanyManagement Proposal Investor Statement, memo, and relevant pre-declarations. Flag withdrawn following commitment from the company 
Item 18 – To authorise the Company and those companies which are subsidiaries of the Company at any time during the period for which this resolution has effect for the purposes of Part 14 of the Companies Act 2006 (the ‘2006 Act’): (i) to make political donations to political parties, and/or independent election candidates not exceeding £125,000 in aggregate; (ii) to make political donations to political organisations other than political parties, not exceeding £125,000 in aggregate; and (iii) to incur political expenditure, not exceeding £125,000 in aggregate provided that the aggregate amount of any such donations and expenditure shall not exceed £125,000 during the period commencing on the date of passing of this resolution and ending at the earlier of the close of the next annual general meeting or 30 September 2024. Words and expressions defined for the purpose of the 2006 Act shall have the same meaning in this resolution. Management Proposal Investor Statement, memo, and relevant pre-declarations.Flag withdrawn following commitment from the company 

 

Berkshire Hathaway, TCFD Reporting. Filed by Brunel Pension Partnership Limited represented by EOS at Federated Hermes, Caisse de Dépôt et Placement du Québec, California Public Employees’ Retirement System, and State of New Jersey Common Pension Fund. See supporting exempt solicitation here. RESULT: 26.6% FOR

Boeing Co., Report on Alignment with Climate Action 100+ Benchmark Net Zero Indicator. Filed by As You Sow. Supporting exempt solicitation here. RESULT: 91.4% FOR

Caterpillar Inc., Report on GHG Emissions Targets. Filed by As You Sow, Shareholder Association for Research & Education (SHARE), and Canada Post Corporation Pension Plan. RESULT: 96.0% FOR

Chevron Corp. Adopt GHG Reduction Targets. Filed by Follow This. See supporting exempt solicitation here. RESULT: 32.6% FOR | Report on Methane Measurement. Filed by Mercy Investment Services, Inc. RESULT: 98.0% FOR | Report on Climate Change Financial Risks. Filed by As You Sow. See supporting exempt solicitation here and Carbon Tracker assessment here. RESULT: 38.7% FOR | Adopt GHG Reduction Targets. Filed by Follow This. See supporting exempt solicitation here. RESULT: 27.1% FOR

ExxonMobil, Report on Climate Change Financial Risks. Filed by Christian Brothers Investment Services. See supporting exempt solicitation here and Carbon Tracker assessment here. RESULT: 51.0% FOR

Imperial Oil, Align Capital Expenditure with the IEA Net Zero Scenario. Filed by Bâtirente with the support of Æquo Engagement Services, Inc. See supporting memo here. RESULT: 1.5% FOR(6.5% of independent votes)

Phillips 66, Adopt GHG Reduction Targets. Filed by Follow This. See supporting exempt solicitation here. RESULT: 36.2% FOR

Valero Energy Corp., Adopt GHG Reduction Targets. Filed by Mercy Investment Services, Inc. See supporting memo here. RESULT: 47.1% FOR

Berkshire Hathaway, California Public Employees’ Retirement System to WITHHOLD vote from two members of the Audit Committee. See investor statement here and supporting exempt solicitation here. RESULTS: Election of Susan Decker, 13.3% AGAINST | Election of Meryl Witmer, 3.3% AGAINST

Chevron Corp., California Public Employees’ Retirement System to vote AGAINST four members of the Public Policy & Sustainability Committee for failing to adequately respond to the Climate Action 100+ engagement initiative. See investor statement here. RESULTS: Election of Alice Gast, 2.2% AGAINST | Election of Enrique Hernandez Jr., 7.5% AGAINST | Election of John Huntsman, 2.7% AGAINST | Election of D. James Umpleby III, 2.3% AGAINST

CRH plc, Sarasin & Partners to vote AGAINST three management proposals. Supporting information here. RESULTS: Review of Company’s affairs and consideration of Financial Statements and Reports of Directors and Auditors for the year ended 31 December 2021, 2.3% AGAINST | Re-election of Directors: S Kelly, 2.3% AGAINST | Continuation of Deloitte Ireland LLP as Auditors, 2.1% AGAINST

ConocoPhillips, EOS at Federated Hermes to vote AGAINST Chair of the Public Policy and Sustainability Committee at ConocoPhillips. See exempt solicitation here. RESULTS: 1B election of Jody Freeman, chair of the Public Policy and Sustainability Committee, 4.4% AGAINST

Engie SA, MN to vote AGAINST two management proposals on accountancy grounds. Supporting information here. RESULTS: Approval of transactions and annual financial statements for fiscal year 2021 Less than 1% AGAINST | Approval of the consolidated financial statements for fiscal year 2021 Less than 1% AGAINST

Equinor ASA Sarasin & Partners to vote AGAINST three management proposals. Supporting information here. RESULTS: 10. The general meeting endorses the company’s energy transition plan 2.5% AGAINST (18.8% of independent votes) | 6. The annual accounts and the annual report for 2021 for Equinor ASA and the Equinor group are approved and 4th Q dividend Less than 1% AGAINST (1.5% of independent votes) | 22. Remuneration to the auditor for 2021 of NOK 55,981,079 for Equinor ASA is approved. Less than 1% AGAINST

Glencore PLC LGPS Central to vote AGAINST a management proposal. Supporting information here. RESULTS: 13. To approve the Company’s 2021 Climate Progress Report 23.7% AGAINST

Holcim Ltd. Ethos Foundation to vote AGAINST management proposals. Supporting information here. RESULTS: Advisory vote on Holcim’s Climate Report Proposal of the Board of Directors: 4.7% AGAINST | Acceptance of Holcim’s Climate Report in an advisory vote. 5.4% ABSTAIN

l’Air Liquide S.A. Trusteam Finance to vote AGAINST on the auditor. Supporting information here. Renewal of the term of office as a Principal Statutory Auditor of PricewaterhouseCoopers Audit RESULTS: 4.1% AGAINST

NextEra Energy, Inc Sarasin & Partners to vote AGAINST the Lead Director and the Board Chair. See investor statement here. RESULTS: Item 1a – Sherry Barrat (Lead Director) 12.7% AGAINST | Item 1i – James Robo (Chair) 8.4% AGAINST

The Southern Company , The Office of the Illinois State Treasurer to vote AGAINST the Board Chair of Southern Company. See investor statement here. RESULTS: Thomas A. Fanning 6.7% AGAINST

TotalEnergies SE MN Services to vote AGAINST the climate transition progress report and AGAINST the executive remuneration over 2021 of the combined Chair and CEO. Supporting information here. RESULTS: 12. Remuneration of Chair/CEO 18.7% AGAINST | 16. Transition Plan Progress Report 11.1% AGAINST

Volkswagen AG Church of England Pensions Board to vote AGAINST two management proposals on the grounds of a lack of governance oversight on net zero aligned lobbying disclosure. Supporting information here. RESULTS: Resolution on the formal approval for fiscal year 2021 of the actions of the members of the board of management who held office in fiscal year 2021. Less than 1% AGAINST (5.0% of ‘free float’ independent votes) | 4. Resolution on the formal approval for fiscal year 2021 of the actions of the members of the supervisory board who held office in fiscal year 2021. Less than 1% AGAINST (5.2% of ‘free float’ independent votes)

Berkshire Hathaway, TCFD Reporting. Filed by Hermes Investment Management, Caisse de depot et placement du Quebec, and California Public Employees’ Retirement System. RESULT: 28.3% FOR, 60% of non-insider shareholders voted FOR.

Bunge, Report on eliminating deforestation in soy supply chain. Filed by Green Century Capital Management. RESULT: 98.99% FOR (highest-ever recorded vote for a deforestation-related shareholder proposal).

Caterpillar, Report on alignment with Climate Action 100+ Net Zero Company Benchmark indicators. Filed by As You Sow. RESULT: 48% FOR.

Chevron, Report on Climate Change Financial Risks. Filed by As You Sow. RESULT: 47.8% FOR.

Delta Air Lines, Paris-aligned lobbying. Filed by BNP Paribas Asset Management. RESULT: 62.9% FOR. Press release.

Dominion, Independent Chair. Filed by New York City Comptroller’s Office. RESULT: 42.2% FOR.

Duke, Independent Chair. Filed by New York City Comptroller’s Office. RESULT: 35.1% FOR.

ExxonMobil, Paris-aligned lobbying. Filed by BNP Paribas Asset Management. RESULT: 63.8% FOR.

ExxonMobil, Report on Climate Change Financial Risks. Filed by CBIS. RESULT: 48.9% FOR.

General Electric, Climate Action 100+ Net Zero Commitment. Filed by As You Sow. RESULT: 98% FOR. Press release.

General Motors, Climate Action 100+ Executive Remuneration. Filed by As You Sow. RESULT 16.3% FOR.

Imperial Oil, Adopt Net-zero GHG Reduction Targets. Filed by Aequo on behalf of Bâtirente. RESULT: 14% FOR, 59% of independent shareholders voted FOR. Press release.

Phillips66, Paris-aligned lobbying. Filed by California State Teachers’ Retirement System. RESULT: 62.49% FOR. Press release.

United Airlines, Paris-aligned lobbying. Filed by Presbyterian Church (USA). RESULT: 65.4% FOR.

ExxonMobil: The board refreshment at Exxon, proposed by Engine No.1, was supported by CalPERS and CalSTRS, which both filed letters with the SEC to allow them to share views with other shareholders, as well as leading investors EOS at Federated Hermes, New York City Comptroller’s Office, New York State Common Retirement Fund, LGIM and Aviva Investors. RESULT: Three of Engine No.1’s nominees to the board were elected at its AGM on 26 May – see here for Climate Action 100+ press statement.

Caterpillar Inc., Lobbying Disclosure. Filed by SHARE. RESULT: 33.4% FOR. 

Chevron Corporation, Paris-aligned lobbying. Filed by BNP Paribas Asset Management. RESULT: 53.5% FOR. 

Delta Air Lines Inc., Paris-aligned lobbying. Filed by BNP Paribas Asset Management. RESULT: 45.9% FOR. 

Dominion Energy, Inc., Independent Chair. Filed by New York City Comptroller’s Office. RESULT: 46.6% FOR. 

Duke Energy Corporation, Independent Chair. Filed by New York City Comptroller’s Office. RESULT: 40.1% FOR. 

Duke Energy Corporation, Lobbying Disclosure. Filed by Mercy Investment Services, Inc. RESULT: 42.4% FOR. 

ExxonMobil Corporation, Independent Chair. Filed by Olga Monks Pertzoff Trust 1945. RESULT: 32.7% FOR. 

ExxonMobil Corporation, Lobbying Disclosure. Filed by United Steelworkers of America. RESULT: 37.6% FOR. 

Ford Motor Company, Lobbying Disclosure. Filed by Unitarian Universalist Association. RESULT: 20.2% FOR. 

General Motors, Lobbying Disclosure. Filed by New York City Comptroller’s Office. RESULT: 33.1% FOR. 

Southern Company, Independent Chair. Filed by New York City Comptroller’s Office. RESULT: 22.3% FOR. 

United Airlines Holdings, Paris-aligned lobbying. Filed by BNP Paribas Asset Management. RESULT: 31.5% FOR. 

BP, plc, Transition Planning. Filed by Hermes Investment Management. RESULT: 96.4% FOR 

ExxonMobil Corporation, Independent Chair. Filed by The Kestrel Foundation of Maine. RESULT: 40.7% FOR. 

Ford Motor Company, Lobbying Disclosure. Filed by New York City Office of the Comptroller. RESULT: 16.5% FOR. 

General Motors, Lobbying Disclosure. Filed by New York City Office of the Comptroller. RESULT: 29.5% FOR.