Tumelo’s weekly vote roundup (22.4.22)
Our planet Earth is taking centre stage on Tumelo’s platform as industry leaders like Exxon and Amazon face climate-related shareholder proposals. Meanwhile, Barclays is proposing its own climate plan for shareholder approval.
Shareholders are being asked to vote on…
Should Amazon report on how it plans to reduce its plastic use? 🥤
Some shareholders want Amazon, which currently doesn’t disclose how much plastic packaging it uses, to explore how it can reduce its plastic pollution. But the tech behemoth says it already has effective plans in place to address the plastic problem.
Should Exxon report on its climate-related financial estimates? 📈
ExxonMobil, one of the world’s largest oil companies, is being asked to report on its financial projections when compared to net-zero by 2050 targets. However, Exxon says that it has already produced such a report.
Do you approve of Barclays’ Climate Plan? 🌍️
Barclays is asking shareholders to approve its strategy towards becoming net zero by 2050. The strategy focuses on emissions from three areas: i) Barclays’ supply chain; ii) the projects it finances; iii) its clients and customers.
Should Standard Chartered set and report on a net-zero by 2050 plan? 🏦
Some shareholders are asking Standard Chartered to set and execute a plan to manage fossil fuel-related risks. They say it must be in line with a net zero by 2050 aim. However, the British bank believes a more gradual approach is better.
Be part of the decision.
With Tumelo, you can vote on these issues through your pension or investments. If you don’t yet have access to our platform, ask your pension or investment provider for us 😃
Like what you see? Check out our Instagram at @tumelohq for more updates on the votes that we publish.
