BE IT RESOLVED: Shareholders request that the Board of Directors issue sustainability information to shareholders in consideration of the SASB Semiconductor standard by 180 days after the 2020 Annual Meeting, at reasonable expense and excluding confidential information, describing the company’s water management risks.
Read MoreWHEREAS: The World Economic Forum 2015 Global Risk Report ranked water as the top societal risk facing the world in terms of potential economic impact. (1) The Human Right to Water, formally recognized by the United Nations in 2010, clarifies that it is the responsibility of companies to ensure their operations do not infringe upon the right of individuals to sufficient, safe, acceptable, accessible, and affordable water. This human right is further buttressed by the UN’s Sustainable Development Goal 6, which includes a target for improving water quality by reducing pollution and minimizing the discharge of hazardous chemicals and materials.
Read MoreThe link between climate change, loss of life and property in the drought-stricken West, and water management is a significant policy issue;
Our company derives 84% of its net operating income from California;
A high proportion of its properties are located in areas of high baseline water stress;
Read MoreWHEREAS: The World Economic Forum 2015 Global Risk Report ranked water as the top societal risk facing the world in terms of potential economic impact. (1) The Human Right to Water, formally recognized by the United Nations in 2010, clarifies that it is the responsibility of companies to ensure their operations do not infringe upon the right of individuals to sufficient, safe, acceptable, accessible, and affordable water. This human right is further buttressed by the UN’s Sustainable Development Goal 6, which includes a target for improving water quality by reducing pollution and minimizing the discharge of hazardous chemicals and materials.
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