Southern Company | Disclosure of GHG Emissions in Natural Gas Supply Chain at Southern Company

Status
Withdrawn
AGM date
Previous AGM date
Resolution details
Company ticker
SO
Lead filer
Resolution ask
Report on or disclose
ESG theme
  • Environment
ESG sub-theme
  • GHG targets / emissions
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Utilities
Company HQ country
United States
Resolved clause
In order that investors can better understand and measure the material, long-term climate risks associated with our company's GHG emissions, shareholders request that Southern provide annual public reporting of the indirect upstream GHG emissions from its supply chain. The reporting should be prepared at reasonable cost and omit proprietary information.
Whereas clause
The energy sector has a critical role to play in mitigating climate risk. The sector is rapidly transitioning away from coal, but growing reliance on natural gas creates ongoing risk. Natural gas is a major contributor to climate change due to methane leaks occurring throughout the supply chain. In 2018, gas contributed to an increase in power sector emissions, jeopardizing chances of achieving greenhouse gas (GHG) reductions in line with the Paris Agreement's goal of keeping global warming below 1.5 degrees Celsius.

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