Tomorrow, Alphabet Inc. (NASDAQ: GOOG) shareholders will vote on a proposal asking Alphabet, Google’s parent company, to report on how it plans to protect its employees from the financial risk created by investing in fossil fuel and other high-carbon companies. The resolution is filed by shareholder representative As You Sow.
Read MoreToday, researchers at the University of Waterloo, in partnership with As You Sow, released a new report finding that Google employees could have earned an estimated $1.15 billion in additional returns, with the financial performance of the company’s retirement plan holdings “estimated to have been higher if they had divested from the Energy Sector ten years ago on an absolute and risk adjusted basis.”
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