KINDER MORGAN, INC. | Director votes - climate oversight at KINDER MORGAN, INC.

Status
Voted
AGM date
Previous AGM date
Proposal number
1
Resolution details
Company ticker
KMI US
Submitted by
-
Resolution ask
Strengthen board oversight of issue
ESG theme
  • Environment
ESG sub-theme
  • Net Zero / Paris aligned
Type of vote
Director vote
Filer type
Management
Company sector
Utilities
Company HQ country
United States
Supporting materials
  • Majority action_director votes kinder morgan.pdf Download
Whereas clause
Majority Action is recommending a vote AGAINST the directors at Kinder Morgan due to the company’s FAILURE to:

● Set short-, medium- and long-term greenhouse gas (GHG) reduction targets, including a net zero by 2050 target,
● Align its capital allocation with limiting warming to 1.5°C, and
● Commit to conducting all of its lobbying in line with the goals of the Paris Agreement, and its general opposition to U.S. federal and state climate policy;


Votes are recommend AGAINST:

● Richard D. Kinder, Executive Chairman, (Item 1.1) (92.35% FOR)
● Michael C. Morgan, Lead Independent Director, (Item 1.09) (92.1% FOR)
● Robert F. Vagt, Chair of the Environmental, Health and Safety (EHS) Committee, (Item 1.14) (70.68% FOR)
● Steven J. Kean, (Item 1.02), (94.58% FOR)
Kimberly A. Dang, (Item 1.03) (93.36% FOR)
Ted A. Gardner, (Item 1.04), (68.63% FOR)
Anthony W. Hall, Jr., (Item 1.05), (91.1% FOR)
Gary L. Hultquist, (Item 1.06), (93.43% FOR)
Ronald L. Kuehn, Jr., (Item 1.07), (82.51% FOR)
Deborah A. Macdonald (Item 1.08), (92.43% FOR)
Arthur C. Reichstetter (Item 1.10) (93.69% FOR)
C. Park Shaper (Item 1. 11), (93.62% FOR)
William A. Smith (Item 1.12), (93.78% FOR)
Joel V. Staff (Item 1.13) (93% FOR)
Supporting statement
Majority Action is recommending investors vote against directors responsible for climate oversight, including board leadership, for failure to set adequate net zero targets reducing greenhouse gas emissions, fully realign investment plans to limit warming to 1.5°C, and/or ensure alignment of policy influence activities with 1.5°C pathways.

For more details, acess: https://www.proxyvoting.majorityaction.us/

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