UPS shareholders vote down proposal strengthening emissions reduction - Land Line
The vast majority of UPS shareholders voted against a proposal to adopt greenhouse gas emissions reduction targets, indicating one of the nation’s largest truck fleets is not quite ready for electric trucks.During its annual meeting of shareowners, UPS shareholders voted against a request to adopt independently verified science-based greenhouse gas emissions reduction targets. The proposal was submitted by Green Century Capital Management.
Green Century points out that FedEx and Amazon have set goals for acquiring electric vehicles. Meanwhile, UPS’ goals for its ground fleet rely on alternative fuel.