SEC move would curb shareholder climate petitions

· Climate · United States

The US Securities and Exchange Commission wants to scrap a rule letting shareholders formally petition companies, a channel advocacy groups have used to press for climate and sustainability action. Investor and advocacy groups warn the change would close a longstanding avenue for engagement.

Why it matters：Shareholder resolutions are a primary lever for pushing corporate climate disclosure and strategy, so removing them shifts how ESG pressure reaches boardrooms.

Key points

  • The rule at issue allows shareholders to formally petition companies.
  • Advocacy groups have used it to press for climate and sustainability action.
  • Investor and advocacy groups warn the change would block a longstanding avenue.

Sources (original reporting)

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