Institution Theme Category Industry
  • Vanguard
  • Environmental
  • Climate
  • Retail
Company Year Market Link
Dollar Tree, Inc. 2020 N/A https://about.vanguard.com/investment-stewardship/perspectives-and-commentary/2020_investment_stewardship_annual_report.pdf

We met with Dollar Tree, an operator of discount retail stores, to discuss a shareholder proposal asking for a report that aligns the company’s long-term business strategy with the projected long-term constraints posed by climate change. We viewed the proposal as a reasonable request for greater disclosure, allowing the company flexibility in reporting on its management of GHG emissions. During our engagement, Dollar Tree board members emphasized that they consider energy management an important issue for the company.
They also shared how Dollar Tree has taken meaningful steps to improve its sustainability reporting and has publicly committed to disclosing its GHG emissions disclosures and long-term goals by next year’s annual meeting.
We agreed with the proposal’s intent and, given Dollar Tree’s pledge to enhance reporting in line with the shareholder’s request, the Vanguard funds supported the proposal.

Details

  • Proponent
  • Shareholder
  • Resolution
  • Report on emissions targets and goals
  • Vote
  • For
  • Rationale
  • N/A
  • Details
  • N/A