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Dear John,

What happens after companies make commitments to a shareholder proposal? Do they follow through on what they promised with meaningful action?

Our new analysis,

From Commitment to Implementation: An Analysis of Corporate Climate Actions from the 2021 Proxy Season, examines the implementation of 66 corporate climate commitments following resolutions filed in 2021. These commitments, which typically receive less public attention than proxy season votes, are the ultimate goal of the filers, who are seeking to strengthen long-term shareholder value. The report also evaluates the high level of responsiveness to 18 proposals that received majority votes during that same proxy season.

See key findings from the report

Ceres’ analysis is primarily derived from assessments conducted by the shareholders who filed proposals, providing first-hand insights from investors.

Examples of companies acting are spotlighted in the report, from oil refiner Phillips 66 to food giant Kraft Heinz, underscoring the underreported story of investors and companies reaching agreements to address the business challenges and opportunities in the transition to a clean economy.

Download the report and learn more!

Thank you,

Rob Berridge
Senior Director,
Shareholder Engagement,
Investor Network
Ceres

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Ceres is a nonprofit advocacy organization working to accelerate the transition to a cleaner, more just, and sustainable world.

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