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TXU, Exxon Mobil Among 10 'Climate Watch' Companies Targeted by Investors - US Companies Face Record Number of Global Warming Resolutions
A group of leading US investors today announced the formation of a Climate Watch List, a list of 10 companies that have been identified as lagging behind their industry peers in their responses to climate change. As part of this effort, investors have filed shareholder resolutions with the 10 companies – and 26 other US businesses – aimed at improving their focus and attention to the business risks and opportunities from climate change... The Climate Watch companies include:...Wells Fargo...TXU, Dominion Resources, Allegheny Energy...Massey Energy and Consol Energy...ACE...ExxonMobil and ConocoPhillips...Bed Bath & Beyond... [Also refers to global warming resolutions filed at General Motors, Ford, Boston Properties, Centex, Kroger, Pulte Homes, CVS, Whole Foods, Arch, Sempra, Southern Company, Hartford Financial, Prudential Financial, Chubb, Chevron, EOG, Ultra Petroleum, Starwood Hotels. Resolutions withdrawn after companies agreed to comply with shareholder requests at: D.R. Horton, Standard Pacific, Toll Brothers, Costco, Ameren, Anadarko, Bemis, Teradyne]