Today, 12% of General Motors (NYSE: GM) shareholders voted in support of the first-ever deep-sea mining proposal, a strong vote for a first-of-its-kind proposal that allows it to be filed again next year, if necessary. Filed by shareholder representative As You Sow, the proposal asks General Motors to disclose its policies on the use of deep-sea mined minerals across its supply chain, a request timed to coincide with the company’s expanding production of new electric models to meet emissions requirements and growing customer demand for electric vehicles.
Read MoreTesla and General Motors shareholders are calling for a deep-sea mining commitment in two novel biodiversity proposals filed by As You Sow. Tesla and General Motors have yet to state their position on the issue in stark opposition to peers BMW, Volvo, Volkswagen, Rivian, and Renault. As world leaders and economic titans gather at Davos, biodiversity protection and the risks of deep-sea mining are topics of growing importance.
Read MoreToday, General Motors (GM) shareholders voted on a resolution filed by shareholder representative As You Sow urging the Company to report on how it will address the Trump administration’s proposed weakening of CAFE standards. 26% of GM’s shareholders asked the company for clarity on whether, and to what degree, the company will change its product plans and business strategy as a result of the announced weakening of standards.
Read MoreWe applaud the actions taken today by 17 attorneys general to protect current vehicle standards. These standards serve the planet, investors, and automakers extremely well, successfully reducing greenhouse gas emissions and air pollution while creating cost savings for consumers.
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