Shareholder Proposal with HD Supply Successfully Withdrawn!

We have successfully withdrawn a resolution with HD Supply. HD Supply has taken the first step to setting GHG emission reduction goals by agreeing to conduct a feasibility study to be issued by the end of November 2020.

We asked HD Supply Holding’s management team to issue a report assessing the feasibility of adopting quantitative, company-wide goals for increasing the company’s use of renewable energy, energy efficiency, and any other measures deemed prudent by company management to substantially increase the scope and ambition of the company’s initiatives to address climate change.

To support HD Supply during the assessment phase, we shared our Eco-Efficiency Framework that we featured in our latest report. We look forward to reading more on HD Supply’s emission reduction goals. Adopting targets and goals related to energy efficiency will drive greater performance and accountability for companies.

The information in this article should not be considered a recommendation to buy or sell any security.

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