Climate proposal at Costco is a litmus test for the SEC on investor requests for Paris-alignment

US regulator’s response to Costco’s bid to exclude science-based targets request could set important precedent for coming proxy season

The US Securities and Exchange Commission (SEC) has undergone a marked transformation since President Biden was elected. In stark contrast to how it operated under the previous administration, the proxy season just gone saw shareholder proposals on race and climate change backed

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