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Investors used their votes to urge leading utilities to disclose their plans to reduce the risks from their reliance on coal. At FirstEnergy, 11.4% of shareholders, representing over $1.5 billion, cast votes in support of our resolution asking the company for their plan to mitigate the mounting risks facing their coal fleet. At Duke Energy, now the nation’s largest utility, 12.5% of shareholders supported our resolution, an increase of 41% above last year. For the first time, Ameren investors had the opportunity to voice their concerns on this issue and supported us with a 10.5% vote—triple the bar set by the SEC to re-file the proposal. |
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