New York City’s top pension official has called on three major U.S. utilities to name independent board chairs, pressuring them to “decarbonize” their operations by 2050 and underscoring how power companies have split on whether to set such goals. New York City Comptroller Scott Stringer, who oversees about $208 billion in retirement assets, recently filed shareholder resolutions at Southern Co, Duke Energy Corp and Dominion Energy Inc. The resolutions call for shareholder votes on whether to name independent individuals to chair boards currently led by the chief executive of each company. …read more
Source:: Yahoo Finance
