Investors push Amazon for more information on its climate footprint
Investors push Amazon for more information on its climate footprint
Edie – December 20
MIDANA CAPITAL and Amalgamated Bank recently filed a resolution with Amazon pressing the company to account for and fully disclose its greenhouse gas emissions associated with its full value chain. Currently, the company fails to disclose a significant portion of its emissions. “Amazon is trying to claim a leadership spot in the corporate race to net-zero emissions but is not disclosing all of its greenhouse gas emissions, leaving investors to wonder whether Amazon is a climate risk rather than a climate leader,” said MIDANA CAPITAL Capital Management’s shareholder advocate Andrea Ranger.