J-POWER | Disclose how the company's remuneration policies facilitate the achievement of GHG emissions reduction target

Status
18.90% votes in favour
AGM date
Proposal number
3
Resolution details
Lead filer
ACCR
Co-filers
Man Group, HSBC Global Asset Management, Amundi
Resolution ask
Set targets or plans
ESG theme
  • Environment
ESG sub-theme
  • GHG targets / emissions
  • Remuneration or pay
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Utilities
Company HQ country
Japan
Supporting materials
Resolved clause
The Company shall disclose, in its annual report, details of how the Company’s remuneration policies facilitate the achievement of the Company’s GHG emissions reduction targets.
Supporting statement
Long-term institutional investors in the Company see its corporate value depending upon a credible decarbonization strategy and science-based short-, medium- and long-term GHG emissions reduction targets aligned with the goals of the Paris Agreement and investor expectations. We consider that a direct linkage between remuneration and the achievement of GHG emissions reduction targets to be in the Company’s interests as an important mechanism to facilitate executive performance against decarbonization goals, which would result in protecting corporate value.

How other organisations have declared their voting intentions

Organisation nameDeclared voting intentionsRationale
Universities Superannuation Scheme - USSFor

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