Vanguard Group Inc said on Tuesday it supported environmental and socially focused shareholder resolutions 20% of the time this year, up from 6% in 2020, as climate change and diversity matters drew more focus at corporate annual meetings. At Berkshire, a little over a quarter of votes cast were in favor of two shareholder resolutions, effectively a rebuke for management. Vanguard also said its funds voted in support of a call for Berkshire to outline how it manages climate risks and opportunities, "to address a material risk."
The CEO of Chevron recently discussed the company's plans for alternative energy investments with Real Money's Jim Cramer.
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