Article
Companies Feel Heat from Record-High Shareholder Resolutions on Climate Change
Oil and gas companies, electric power producers, real estate firms, manufacturers, financial institutions, and automakers face a record number of global warming resolutions that have been filed by shareholders for the 2005 proxy season, according to investor groups Ceres and the Interfaith Center on Corporate Responsibility. [resolutions filed with Ford, General Motors, Dominion Resources, FirstEnergy, Progress Energy, Anadarko, Apache, ChevronTexaco, ExxonMobil, Marathon Oil, Tesoro, Unocal, Vintage Petroleum, XTO Energy, Allergan, Avery Dennison, Analog Devices, Corning, Dow Chemical, Newell Rubbermaid, Centex, Health Care Property Investors, Lennar, Liberty Property Trust, Ryland Group, Simon Property, JPMorgan Chase, Wachovia, Wells Fargo; also refers to American Electric Power, Cinergy, TXU, Southern Company]