Climate Action 100+ flagged resolution: Glencore plc (GLEN): Annual General Meeting – Thursday 28 April 2022
Glencore plc — LGPS Central to vote AGAINST one management proposal, primarily due to shortcomings in target setting over the next decade: Resolution #13 — 2021 Climate Progress Report
Summary of why the resolution is being flagged
LGPS Central will vote AGAINST Glencore’s climate progress report at the AGM on 28 April 2022 primarily due to shortcomings in target setting over the next decade. We do this in the spirit of asking more also of leading companies and in recognition of our own ambition to achieve net zero emissions across our portfolios by 2050.
See investor statement from LGPS Central here.
Download the full memo below.
Investor practices programme
Derivatives and Hedge Funds Discussion Paper