American multinational Berkshire Hathaway is set to face a new high of six ESG-themed shareholder resolutions at its annual general meeting (AGM) tomorrow, up from just four last year. Three of them are focused on climate-related risk, which brings up the total number of votes the group has faced on this over the past four years to nine. This year’s climate proposals call for disclosure on achieving Paris Agreement alignment in the firm’s investment and insurance activities, and on greenhouse gas emissions at Berkshire Hathaway Energy. The six pro-ESG climate proposals in the previous three years have all been backed by at least one third of the company’s independent shareholders, and four were supported by more than half. This is the fourth consecutive year that Berkshire Hathaway has been requested to report on the effectiveness of its diversity, equity and inclusion efforts. Although these resolutions have received solid backing from the company’s independent shareholders, support has dropped each year, falling from 55% in 2021 to 49% in 2022, and to 42% last year.
