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Toyota shareholders reject proposal demanding better climate change plan

Toyota shareholders reject proposal demanding better climate change plan
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Toyota Shareholders Defeat Climate-Change Proposal, Decline ESG Funds

A climate change proposal targeting Toyota was shot down by shareholders on Wednesday, dealing a blow to efforts from three European funds to make the Japanese carmaker comply with their environmental, social, and corporate governance (ESG) norms.

Toyota Faces Investor Admonition Over EVs at Annual Meeting

(Bloomberg) Toyota Motor Corp.’s annual shareholder meeting became a referendum of sorts on the Japanese carmaker’s electric vehicle strategy, thanks to a handful of outspoken foreign investors.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Economic Forum Puts Russia’s Isolation on DisplayAmericans Say They Need $2.2 Millio

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