In complex situations where environmental and human rights issues are not addressed by local regulation, shareholders can drive corporations to promote significant change by demanding more from their suppliers. This is evident in Mexico's avocado industry, where shareholder engagement, political action, and NGO efforts are tackling illegal deforestation and its impacts.
Read moreAmazon Lags Behind Peers in Scope 3 Greenhouse Gas Disclosures
Scope 3, or value-chain emissions, account for an average of 75% of a company’s total greenhouse gas (GHG) emissions, rising to over 90% in the retail sector. While challenges persist in assessing Scope 3 emissions – including data availability and quality concerns – assessing these emissions is critical to any credible climate strategy. Only by acting to assess value-chain emissions will data quality improve.
Read moreClimate Transition Planning Will Improve Business Transparency and Resilience
The year 2024 saw record-breaking global temperatures and extreme weather disasters worldwide, causing loss of life, homes, and hundreds of billions in damages. In light of this devastating year, investors are looking to the 2025 proxy season as an opportunity to encourage corporations to do more to address the financial impacts of climate change by reducing planet-warming greenhouse gas emissions and investing in the clean energy economy.
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