ICCR’s guiding principle is that sustainable corporations must look beyond the next earnings report to account for the full impact of their businesses on society and the environment, and must view the well-being of all of their stakeholders ― including their workers and the communities where they operate ― as integral to their long-term success.
This guide presents the ICCR member-sponsored resolutions — both as lead- and co-filer — filed for 2024 corporate proxies as of February 15. A link to our February 15 launch webinar will be posted shortly.
ICCR members have filed 344 resolutions to date this year. In the 2024 Guide we provide an overview of this season’s trends.
Proposals addressing worker rights and human rights, and the climate crisis led the way with 75 and 70 respectively. Proposals on corporate lobbying and political spending were the third largest group with 63. Next comes diversity and racial justice, followed by corporate governance, environmental health, and health equity.
Members of the ICCR coalition are known for their innovative strategies in shareholder engagement. Among their new asks this year are:
AI Transparency Report The Potential Health Harms of Non-Sugar Substitutes Deep Sea Mining Fair Treatment of Shareholder Nominees to the Board The Impact of Racial and Ethnic Disparities on Business Adopting a Living Wage Policy Net Zero Sector Emissions Alignment Proxy Voting Alignment Reducing Microfiber Pollution, and Anti-Union Expenditures
If you are an investor, ICCR invites you to practice active ownership by reading the proposals in the pages that follow and voting your proxy ballots in favor of those that you can.
On January 21, ExxonMobil ($XOM) filed suit in Texas against two shareholders in an attempt to block a shareholder proposal urging the company to accelerate the reduction of greenhouse gas (GHG) emissions and to disclose new plans and timetables for these reductions. ICCR released the following statement.
On January 18 and 19, 2023, ICCR hosted a Just Transition Roundtable to provide a forum for utility companies and a broad range of stakeholders to share their perspectives on a just and equitable energy transition. This report aims to document lessons learned through hosting the Roundtable as well as needs and recommendations shared by participants.
The need to reduce GHG emissions to limit warming and reach net zero by 2050 or sooner has never been more urgent yet climate progress has been hindered for decades by aggressive lobbying on the part of corporations (mainly in the oil & gas sector) and their trade associations. Because investors understand that corporate climate policy is a journey, not a destination, ICCR has developed new guidance “Leading Lobbying Practices to Drive 1.5°C Policy Action. “The authors researched the disclosures of over 70 companies across the globe (representing nine countries and over a dozen industries in total) looking for investor-friendly practices that drive company ambitions towards alignment with the Paris (climate) Agreement and a 1.5°C trajectory. We also looked for companies that fulfilled the 14 key indicators of the newly-launched Global Standard for Responsible Climate Lobbying, which became public in March 2022 after a two-year consultation involving investors, companies, and stakeholders from 19 countries in all. You can download your copy here.
A report from the Rainforest Action Network, BankTrack, the Indigenous Environmental Network, and others. Released in 2023
A policy publication from the Grantham Research Institute
A policy publication from the Grantham Research Institute
Expectations released by Royal London Asset Management.
This CERES report examines the climate-related risk management, governance and lobbying practices of S&P 100 companies. It finds that the nation’s largest publicly traded companies are increasingly lobbying for policies that will help the U.S. achieve its commitments under the Paris Agreement. However, very few are publicly reckoning with the role of their own trade associations in obstructing climate action.
On July 28, 2022, a group of investors representing U.S. $131B in assets under management announced they sent a letter to the Directors of the U.S. Chamber of Commerce (U.S. Chamber) calling on them to advocate for the public policies needed to bring greenhouse gas emissions (GHG) emissions in line with Paris goals.
