Institution Theme Category Industry
  • State Street
  • Environmental
  • Climate
  • Financial Services
Company Year Market Link
Commonwealth Bank of Australia 2019 N/A https://www.ssga.com/library-content/products/esg/stewardship-activity-report-q4-2019.pdf

Commonwealth Bank of Australia did not receive such a [climate-related] shareholder proposal. Nonetheless, we continued our constructive dialogue around climate-related issues. As result of engagement with investors, the company conducted and published a scenario analysis that directly shifted the bank’s strategy in agricultural lending. We believe that the impacts of climate change on a business need to be evaluated using scenario planning tools, and we are encouraged when the outcomes inform a company’s long-term strategy.

Details

  • Proponent
  • Engagement
  • Resolution
  • Climate-related issues
  • Vote
  • N/A
  • Rationale
  • N/A
  • Details
  • N/A