Shareholder activists are paying more attention than ever before to how energy companies and electric utilities think about climate change and other sustainability issues from the top down. The idea of sustainable governance, as it is called, isn't new. But during this proxy season, socially responsible investors, faith-based institutions, pension funds and other shareholders are finding new ways to put sustainability on the agenda of company leadership. Investors are looking to hold chief executive officers and other members of company management accountable for sustainability, with a record 11 shareholder resolutions submitted during the past several months asking that their compensation packages be tied to corporate performance on sustainability goals, including in some cases climate mitigation targets.
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