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Amazon Employees For Climate Justice
@AMZNforClimate
, 7 tweets, 2 min read Read on Twitter
ISS and Glass Lewis (GL), the two largest proxy advisors to institutional investors, recommend voting YES on our resolution, which asks Amazon to release a company-wide climate change plan with plans for transitioning off fossil fuels! This is huge. 1/7
drive.google.com/file/d/1o5V6pY…
These prominent advisors for institutional investors disagree w/Amazon leadership's stance. GL: Amazon "could be subject to significant risks with respect to both climate change and the regulatory implications or investor pressures that come as a result of climate change.” 2/7
Glass Lewis: “The Company has provided some level of disclosure concerning some of its environmental initiatives, but we find this disclosure to fall short in many respects.” 3/7
ISS: "Publication of the report requested by shareholders would allow shareholders to better assess the company's management of its risks related to climate change and actions to reduce its GHG emissions in line with Paris Agreement goals." 4/7 drive.google.com/file/d/1zcgMCn…
Additional risks cited: Amazon’s dependence on fossil fuels combined with lack of disclosure, Amazon lagging peers, and risk of attracting and retaining employees. 5/7
As employees, we want to work at a company that shares our values for a just, livable planet for future generations AND for those impacted by climate change NOW, like the millions whose homes & hospitals were destroyed due to Cyclones Idai & Foni. 6/7 grist.org/article/cyclon…
Dr. Friederike Otto, Oxford: "There is absolutely no doubt that when there is a tropical cyclone...because of climate change the rainfall intensities are higher…the resulting flooding is more intense than it would be without human-induced climate change." 7/7
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