Toyota shareholders reject proposal demanding better performance on climate change

Toyota shareholders reject proposal demanding better performance on climate change

11 months ago
Anonymous $KxGqLmj_R3

https://apnews.com/article/toyota-shareholders-japan-toyoda-ev-emissions-52bdf470b713cdbb248eaae55e0c0574

TOYOTA, Japan (AP) — Toyota executives fielded challenges and reaped praise from investors at an annual general meeting Wednesday where shareholders ultimately rejected demands the automaker do better on fighting climate change.

The investor proposal was initiated by AkademikerPension, a $20 billion Danish investment fund. It accused Toyota Motor Corp. of lobbying to weaken efforts by governments around the world to phase out the internal combustion engine.