Toyota shareholders reject proposal demanding better performance on climate change
https://apnews.com/article/toyota-shareholders-japan-toyoda-ev-emissions-52bdf470b713cdbb248eaae55e0c0574
TOYOTA, Japan (AP) — Toyota executives fielded challenges and reaped praise from investors at an annual general meeting Wednesday where shareholders ultimately rejected demands the automaker do better on fighting climate change.
The investor proposal was initiated by AkademikerPension, a $20 billion Danish investment fund. It accused Toyota Motor Corp. of lobbying to weaken efforts by governments around the world to phase out the internal combustion engine.