SEC proposal would curb shareholder climate petitions

· Climate · United States

The US Securities and Exchange Commission wants to scrap a rule that lets shareholders formally petition companies, a route advocacy groups have used to press for climate and sustainability action. Investor and advocacy groups warn the move would block a long-standing avenue for such pressure.

Why it matters：Shareholder resolutions are a core tool for ESG pressure on listed companies, so removing the petition route changes how climate risk is raised at US firms.

Key points

  • The rule allows shareholders to formally petition companies.
  • Advocacy groups have used it to push for climate and sustainability action.
  • Investor and advocacy groups say the change would block a long-standing avenue.

Sources (original reporting)

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