FirstEnergy Corporation is a diversified energy company involved in generation, transmission, and distribution of electricity.

Shareholders Vote for Greenhouse Gas Reductions at Midwest Utilities

Calling for Climate Action, Shareholders Ask FirstEnergy and Great Plains Energy to Address Coal Pollution by Setting Greenhouse Gas Reduction Targets

Citing climate change impacts and financial risks of carbon-intense coal assets, shareholders representing billions of dollars of assets voted for carbon reduction targets at FirstEnergy and Great Plains Energy, showing strong support for a pair of shareholder proposals put forth by As You Sow and investment group Calvert Investments. The proposal at FirstEnergy received support from 19.4% of shares voted, representing $2.2 billion in investments. At Great Plains Energy, one in three shareholders (33.8%) voted for the proposal, representing $872 million in investments voting in favor of carbon reduction goals. In total, $3 billion in shareholder assets demanded climate action from the utilities.

Read our full statement

As You Sow has engaged with FirstEnergy on issues related to coal. Read more about our engagements with Chevron below.

Carbon Asset Risk 2018

STATUS: pending

RESOLVED:  Shareholders request that FirstEnergy, with Board oversight, produce a report, at reasonable cost and omitting proprietary information, assessing the long-term portfolio impacts of a scenario consistent with the internationally recognized Paris Agreement goal of limiting global increase in temperature to 2 degrees Celsius.  

Filing Documents

Related 2018 Engagements

Climate Change 2017

STATUS: 43.4%

BE IT RESOLVED: Shareholders request that FirstEnergy prepare a report, at reasonable cost and omitting proprietary information, disclosing its strategy for aligning business operations with the 2015 Paris Agreement’s goal of limiting global warming to a maximum of 2 degrees Celsius, while maintaining the provision of safe, affordable, reliable energy.

Filing Documents


Related 2017 Engagements

Carbon Asset Risk 2016

STATUS: 31.9%

BE IT RESOLVED: Shareholders request that FirstEnergy prepare a report by September 2016, omitting proprietary information and at reasonable cost, quantifying the potential financial losses to the company associated with stranding of its coal generation facilities under a range of climate change driven regulation scenarios that mandate greenhouse gas reductions beyond those required by the Clean Power Plan.

Filing Documents

Related 2016 Engagements

Climate Change 2015

STATUS: 19.4%

BE IT RESOLVED: Shareholders request that FirstEnergy create specific, quantitative, time bound carbon dioxide reduction goals to decrease the company’s corporate carbon dioxide emissions, and report by September 2015 on its plans to meet the carbon reduction goals the company adopts.

Filing Documents


Related 2015 Engagements

Coal 2014

STATUS: Withdrawn; Company will address

FirstEnergy, an Ohio-based energy producer, has agreed to produce a comprehensive report on the company’s plan to reduce greenhouse gas emissions. As a result, a shareholder resolution co-filed by DiNapoli, Connecticut Treasurer Denise L. Nappier on behalf of the Connecticut Retirement Plans and Trust Funds, and investment group As You Sow has been withdrawn.

Filing Documents


Find more FirstEnergy 2014 press coverage and press releases.

Related 2014 Engagements

Coal 2013

STATUS: Blocked by Company at SEC

Shareowners request that FirstEnergy adopt strategies and quantitative goals to reduce the company’s impacts on, and risks to, water quantity and quality, above and beyond regulatory compliance, and to report to shareholders by September 2013 on progress. Such a report should omit proprietary information and be prepared at reasonable cost.

Filing Documents

Related 2013 Engagements

Coal 2012

STATUS: 11.4%

Shareowners request that FirstEnergy Board of Directors report to shareholders by December 2012, at reasonable cost and omitting proprietary information, on plans to reduce our company’s exposure to coal‐related costs and risks, including progress toward achieving specific goals to minimize commodity risks, emissions other than greenhouse gases, and costs of environmental compliance.

Filing Documents


Related 2012 Engagements

Coal 2011

STATUS: 31.4%

Resolved: Shareowners request that FirstEnergy’s Board of Directors, at reasonable cost and omitting proprietary information, issue a report by November 2011 on the financial risks of continued reliance on coal contrasted with increased investments in efficiency and cleaner energy, including assessment of the cumulative costs of environmental compliance for coal plants compared to alternative generating sources.

Filing Documents


Find more FirstEnergy 2011 press coverage and press releases.

Related 2011 Engagements