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by emckay
2472 days ago
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Resolutions like this one are non-binding. The real power held by shareholders is to fire directors, so if a company's board doesn't comply with the shareholder resolution the shareholders can vote against the directors at the next annual meeting. In practice, companies "mostly meet" or "completely met" their commitments in response to shareholder engagement 89% of the time according to a 2015 report by Ceres [0]. [0] https://www.ceres.org/sites/default/files/reports/2017-03/Ce... |
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We really really need to stop these fake feel good energy sinks. What you said was at best disingenuous, and at worst just lying.
I want to remove fossil fuels as much as anyone, but I will not do it by tricking people. You should try and work on some ethics.
There are two insanely simple things to end global warming if you live in the US. Stop driving to work and stop eating meat. If only a 30% of the population does that, all this is solved immediately. Pretending resolutions matter simply helps people pretend they can't solve the entire problem with two simple actions