Toyota Shareholders Reject Climate Change Performance Proposal

Fuel TechHigh Tech / High Touch
Written By Jennifer Joslyn

Shareholders at Toyota's annual general meeting rejected a proposal initiated by AkademikerPension, a Danish investment fund, calling for the automaker to improve its efforts in fighting climate change. The proposal accused Toyota of undermining global efforts to phase out internal combustion engines. Despite support from some investment firms and pressure from environmental groups, shareholders applauded the rejection and defended Toyota's commitment to carbon neutrality by 2050, emphasizing the company's pursuit of multiple energy options, including hybrids, plug-ins, and hydrogen-powered vehicles.

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Jennifer Joslyn
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