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This should not be too much of a surprise.  According to Responsible Investor:

“Former Amazon employees have filed a shareholder proposal asking the e-commerce giant to issue a report explaining how it will meet its greenhouse gas emissions commitments ‘given the massively growing energy demand from artificial intelligence and data centres that Amazon is planning to build’. Amazon is attempting to ‘no action’ the resolution with the US Securities and Exchange Commission, claiming it seeks to micromanage the company. Proposals focused on AI’s environmental footprint have also been filed at Alphabet and Digital Realty Trust for the 2025 season.”

We’ll see how this goes.

Our members can learn more about shareholder activism here and at TheCorporateCounsel.net.

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The Editor

Lawrence Heim has been practicing in the field of ESG management for almost 40 years. He began his career as a legal assistant in the Environmental Practice of Vinson & Elkins working for a partner who is nationally recognized and an adjunct professor of environmental law at the University of Texas Law School. He moved into technical environmental consulting with ENSR Consulting & Engineering at the height of environmental regulatory development, working across a range of disciplines. He was one… View Profile

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