Investors are increasingly interested in the impact of climate change on a corporation's business activities, and how companies--even those not actively involved in the energy sector--are adjusting their activities to take climate change into account.
Proactive engagement by companies on this issue can avoid or mitigate costly shareholder disputes. For example, corporations can voluntarily prepare sustainability reports, engage in additional reporting and disclosures concerning environmental issues, and pre-emptively engage with activist investors and shareholders before proxy fights begin. Further, companies can adopt various measures beyond those legally required to demonstrate leadership on this issue.
Consumer goods giant Unilever Plc will put its plans to cut greenhouse gas emissions to a shareholder vote, it said on Monday, becoming the first blue-chip company to give investors a say on its climate strategy.
https://uk.reuters.com/article/unilever-climate-vote-idUKKBN28O0NK
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