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FT.com / Companies / Utilities – US companies yield to environmental push

2011 March 8
by admin

Twenty US companies have agreed to take more account of environmental issues, such as water use and greenhouse gas emissions, as a result of investor resolutions, in a sign of increased pressure on industries such as power generation and oil and gas production.

Of those resolutions - which included calls for actions such as investigating the threat of the loss of water supplies or aligning executive pay to environmental performance - 20 have now been withdrawn because the companies satisfied the investors' demands.
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