‘This proxy season, investors must speak up against murky climate lobbying'

With corporate lobbyists pushing for environmental deregulation amid the chaos of Covid-19, shareholder resolutions against companies endorsing such practices will be critical, says Lauren Compere of Boston Common Asset Management

It is almost five years since the Paris Agreement was signed, and in that time, we have seen an encouraging number of business leaders make ambitious and bold commitments on reaching low-carbon and net-zero targets.

But we all know actions speak louder than words and one of the biggest obstacles on the path to achieving Paris is continued corporate support for the insidious lobbying that undermines the acceleration of the low-carbon transition. That is why shareholder resolutions against lobbying are set to be one of the stories of the proxy season in 2020.

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