TESLA MOTORS, INC. | Adopt GHG targets and issue transition plan (1.5C aligned) at TESLA MOTORS, INC.

Status
Filed
Previous AGM date
Resolution details
Company ticker
TSLA
Lead filer
Resolution ask
Set targets or plans
ESG theme
  • Environment
ESG sub-theme
  • Net Zero / Paris aligned
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Consumer Discretionary
Company HQ country
United States
Resolved clause
Tesla, Inc. (the "Company") shareholders request the Board of Directors to adopt and disclose a comprehensive strategy to align the Company's opera=ons and business model with the goals of the Paris Climate Agreement, including but not limited to:

1. Setting science-based targets for reducing greenhouse gas emissions across all operations, consistent with the goals of the Paris Climate Accord.

2. Developing and disclosing a roadmap for achieving these targets, including milestones and timelines.

3. Implementing measures to quantify the Company’s AI greenhouse gas emissions and to reduce the climate impact of AI’s compute energy consumption.

4. Regularly reporting on progress towards these targets and the effectiveness of the implemented measures.
Whereas clause
Climate change poses significant risks to the global economy, public health, and the environment. The Paris Climate Accord, an international agreement adopted in 2015, aims to limit global warming to well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5 degrees Celsius.

Tesla, Inc. (the "Company") has demonstrated a commitment to sustainable energy and innovation, and as a leader in the electric vehicle market, has a critical role in addressing climate change.

The Company’s growing interests in Artificial Intelligence (AI) are associated with high electricity consumption and could have a significant negative climate impact.

Addressing the energy consumption of AI compute resources is crucial for the Company to maintain its sustainability leadership therefore it’s energy supply should align with the goals of the Paris Climate Agreement.

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