Climate change is an ESG focus area for AIMCo since 2015.
For environmental shareholder proposals, AIMCo tends to support reasonable requests for companies to increase its transparency and reporting of climate-related risks. We do not support duplicative or overly prescriptive proposals that do not clearly enhance shareholder value or transparency of a company's risk. While the majority of environmental shareholder proposals request greenhouse gas (GHG) emissions disclosure, in 2019 we also supported other, sector specific climate-related reporting, such as requests for reporting on pesticide use in the supply chain, packaging and plastic pollution, food waste and water pollution.
AIMCo supported 23% of reviewed environmental shareholder proposals.