Ameren
Ameren Corporation is a holding company for several regional power and energy companies.
As You Sow has engaged with Ameren on issues related to coal-fired power generation. Read more about our engagements with Ameren below.
STATUS: pending
WHEREAS: The World Economic Forum
2015 Global Risk Report ranked water as the top societal risk facing the world in terms of potential economic impact. (1) The Human Right to Water, formally recognized by the United Nations in 2010, clarifies that it is the responsibility of companies to ensure their operations do not infringe upon the right of individuals to sufficient,
safe, acceptable, accessible, and affordable water. This human right is further buttressed by the UN’s Sustainable Development Goal 6, which includes a target for improving water quality by reducing pollution and minimizing the discharge of hazardous chemicals and materials.
Filing Documents
Related 2018 Engagements
STATUS: Withdrawn; Company will address
Resolved: The shareholders of Ameren urge the Compensation Committee of the Board of Directors (the “Committee”) to adopt a policy requiring that senior executives retain a significant percentage of shares acquired through equity compensation programs until two years following the termination of their employment (through retirement or otherwise), and to report to shareholders regarding the policy before the 2018 annual meeting of shareholders. The policy shall apply to future grants and awards of equity compensation and should address the permissibility of transactions such as hedging transactions which are not sales but reduce the risk of loss to the executive.
Filing Documents
Related 2017 Engagements
STATUS: 46.4%
BE IT RESOLVED: Shareholders request that the Board prepare a complete report on the company’s efforts, above and beyond current compliance, to identify and reduce environmental and health hazards associated with past, present and future handling of coal combustion residuals, and how those efforts may reduce legal, reputational and financial risks to the company. This report should be available to shareholders within 6 months of the 2017 annual meeting, be prepared at reasonable cost, and omit confidential information such as proprietary data or legal strategy.
Filing Documents
Related 2017 Engagements
STATUS: 11.2%
BE IT RESOLVED: Shareholders request that Ameren produce a public report, omitting proprietary information and prepared at reasonable cost, analyzing how Ameren could protect shareholder value, reduce the risk of stranded assets, and decrease its climate change impacts by aggressive renewable energy adoption including: Increasing Ameren’s energy mix to 30 - 50% renewable energy by 2030; Increasing Ameren’s energy mix to 70 - 100% renewable energy by 2050; Propose changes to Ameren’s strategic plans that could help Ameren achieve the targets identified in (1) and (2) of this resolution.
Filing Documents
Related 2016 Engagements
STATUS: 40.6%
BE IT RESOLVED: The shareholders of Ameren urge the Compensation Committee of the Board of Directors (the “Committee”) to adopt a policy requiring that senior executives retain a significant percentage of shares acquired through equity compensation programs until two years following the termination of their employment (through retirement or otherwise), and to report to shareholders regarding the policy before the 2017 annual meeting of shareholders. The policy shall apply to future grants and awards of equity compensation and should address the permissibility of transactions such as hedging transactions which are not sales but reduce the risk of loss to the executive.
Filing Documents
Related 2016 Engagements
STATUS: 08.1%
BE IT RESOLVED: Ameren shareholders request that the Board’s Compensation Committee, when setting senior executive compensation, include metrics for reduction of Ameren’s carbon output as one of the annual performance metrics for senior executives under the Company’s “Executive Incentive Plan” (“EIP”).
Filing Documents
Related 2015 Engagements
STATUS: Withdrawn; Company will address
Our 2013 resolution asks for a report on the strategies and quantitative goals to reduce water use and thermal impacts on receiving waterways from the company's power generation and operations.
We negotiated a withdrawal of our shareholder resolution in exchange for Ameren's commitment to take the following actions:
- Improve disclosure of water risks in the company's corporate social responsibility report based on guidelines agreed upon with As You Sow
- Provide an opportunity for As You Sow to review and comment on the report before it is finalized
- Complete the Carbon Disclosure Project Water Questionnaire
- Tom Voss, Ameren's CEO, will discuss our work with the company on this issue in his comments at the annual shareholder meeting
Filing Documents
Related 2013 Engagements
STATUS: 10.5%
Our 2012 resolution asked the company to report on the financial risks of continued reliance on coal for electricity generation.
Filing Documents
Press
Find more Ameren 2012 press coverage and press releases.
Related 2012 Engagements
