The Chevron Pascagoula Refinery is pictured as Tropical Storm Gordon approaches Pascagoula, Mississippi, U.S., September 4, 2018. REUTERS/Jonathan Bachman/shareholders on Saturday easily rejected proposals requiring the company run since 1965 by Warren Buffett to disclose more about its efforts to address climate change and promote diversity and inclusion in its workforce.
But the climate change proposal won support from just over 25% of votes cast and the diversity proposal from 24%, suggesting greater discontent than Berkshire shareholders historically demonstrate.and the California Public Employees' Retirement System pension plan, call for companies to promote adherence to good environmental, social and governance principles.
The nonprofit shareholder advocate As You Sow separately proposed annual reports on diversity, saying companies such as Berkshire benefit from a diverse workforce.
Basically the wealthy coming clean about how little of a F*** they give about climate change or the environment!