Oracle Shareholder Vote to Protect Employees' Life Savings from Climate Risk
November 14, 2024
November 14, 2024
OAKLAND, California, Nov. 14 -- As You Sow Foundation issued the following news release:
Oracle has adopted a series of actions to reduce its own climate emissions, but directs over $1 billion of employees retirement savings into fossil fuel producers, companies responsible for rainforest destruction, and other high-emission sectors that contribute to catastrophic climate impacts. In a shareholder proposal to be voted on today, shareholders raise the dissonance between acting to red . . .
Oracle has adopted a series of actions to reduce its own climate emissions, but directs over $1 billion of employees retirement savings into fossil fuel producers, companies responsible for rainforest destruction, and other high-emission sectors that contribute to catastrophic climate impacts. In a shareholder proposal to be voted on today, shareholders raise the dissonance between acting to red . . .