Amazon’s stock has increased six-fold in the last five years, making investors lots of money. But at this year’s annual meeting, the amount of criticism leveled at the company in the form of shareholder resolutions was unprecedented. Investors voted on 12 of the proposals with none getting a majority vote, but they highlight issues that…
Storyline: Activist investors are exerting more pressure than ever before on corporations to disclose their exposure to climate-change risks and what actions they plan to take. Large Investors such as BlackRock Inc. and Vanguard Group now support climate resolutions signaling the end of Wall Street’s skepticism of climate science. In Harvard Law School’s 2019 Institutional Investor Survey, 85%…