GENERAL MOTORS COMPANY | Climate Due Diligence Report at General Motors Company

Status
Omitted
Previous AGM date
Resolution details
Company ticker
GM
Lead filer
New Breeze
Resolution ask
Report on or disclose
ESG theme
  • Environment
ESG sub-theme
  • Climate change
Filer type
Shareholder
Company sector
Consumer Discretionary
Company HQ country
United States
Resolved clause
Shareholders request that, beginning in 2027, General Motors annually conduct a due diligence audit and report the results to shareholders regarding its stated belief in the notion of “net zero.” The report should assess the validity and credibility of the scientific, economic, and feasibility assumptions and claims associated with the goal of net zero. The report should omit proprietary and/or confidential business information.
Supporting statement
General Motors says on the “Sustainability” page of its web site that: “We are pursuing our vision of a zero-emissions future and driving value for our business, our customers, and our communities.” https://www.gm.com/impact/sustainability Parts or all of this goal may be in error and/or impossible to achieve. Recent developments casting doubt on “net zero by 2050” include: · The US EPA has proposed to rescind the its 2009 finding that emissions of greenhouse gases endanger the public welfare. https://www.epa.gov/regulations-emissions-vehicles-and engines/proposed-rule-reconsideration-2009-endangerment-finding · The Department of Energy issued a report concluding that: “Attribution of climate change or extreme weather events to human carbon dioxide emissions is challenged by natural climate variability, data limitations, and inherent model deficiencies. Moreover, solar activity's contribution to the late 20th century warming might be underestimated. Both models and experience suggest that CO2-induced warming might be less damaging economically than commonly believed.” https://www.energy.gov/sites/default/files/2025 07/DOE_Critical_Review_of_Impacts_of_GHG_Emissions_on_the_US_Climate_July_2025.pdf · The One Big Beautiful Bill Act terminated hundreds of billions of dollars of the climate related, “Green New Scam” spending of the Inflation Reduction Act, including subsidies for electric vehicles. https://www.whitehouse.gov/articles/2025/06/50-wins-in-the-one-big beautiful-bill/ · The federal government terminated California’s electric vehicle mandate. https://thehill.com/policy/energy-environment/5346277-trump-california-ev mandate-cra/ · Billionaire climate activist Bill Gates retreated from his earlier position that emissions have catastrophic potential. https://www.wsj.com/opinion/bill-gates-climate-change-bjorn lomborg-e3fe6d24 · ExxonMobil has determined that “net zero by 2050” is not “technically feasible.” https://www.reuters.com/sustainability/exxonmobil-ceo-warns-eu-sustainability law-could-end-europe-operations-2025-11-03/ · The utility industry has determined that economy-wide “net zero” is not possible. https://lcri-netzero.epri.com/ · The Washington Post has reported that, “Climate change is out. Energy affordability is in.” https://www.washingtonpost.com/climate-environment/2025/11/10/climate democrats-electricity-prices-cop30/ · The Associated Press has reported: “Landmark Paris Agreement set a path to slow warming. The world hasn’t stayed on it.” https://apnews.com/article/climate-negotiations agreement-paris-brazil-warming-harms-d56626cd6f7f1f8e5c1a9afbde9d5198 · Management consulting firm McKinsey says fossil fuels will dominate global energy use past 2050. https://www.reuters.com/sustainability/exxonmobil-ceo-warns-eu-sustainability-law could-end-europe-operations-2025-11-03/ · The Guardian reported, “Dramatic slowdown in melting of Arctic sea ice surprises scientists; Natural climate variation is most likely reason as global heating due to fossil fuel burning has continued.” https://www.theguardian.com/environment/2025/aug/20/slowdown-in melting-of-arctic-sea-ice-surprises-scientists · Oil companies are abandoning wind and solar investments in favor of oil and gas. https://www.reuters.com/business/energy/bp-ditch-renewables-goals-return-focus fossil-fuels-2025-02-24/ · The United Nations reports that emissions are inexorably increasing. https://www.unep.org/resources/emissions-gap-report-2025 · The Washington Post reported the Earth has been cooling for the past 485 million years. It began warming 20,000 years ago coming out of the coldest period of that 485 million years. https://www.washingtonpost.com/climate-environment/2024/09/19/earth temperature-global-warming-planet/ Shareholders have the right to know the whether management’s assumptions and beliefs about climate and net zero are credible. Management should conduct its own due diligence annually and report the results to shareholders.

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