Shareholders Voted Yes - Mineral Royalties
The article linked below reports on a small group of activist shareholder’s proposals on climate change actions for banks. The good news is that the majority of shareholders are voting for humanity and a safer environment. These rogue activists urged banks to stop financing new fossil fuel activities. Fortunately, these proposals didn't get much support, with less than 13% of shares at Citigroup and less than 11% at Bank of America in favor. The meetings raised tough questions about social and environmental policies, showing shareholder engagement. Other banks could face similar proposals soon.
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