Every year from April to June, publicly traded companies hold their annual shareholder meetings, in which every investor with a financial stake in the company votes on a series of resolutions, many of which are introduced by shareholders themselves. This voting period is known as “Proxy Season.” The number of Environmental, Social, and Governance (ESG) resolutions introduced in 2022 signals a rising level of engagement by shareholders that appears promising; the number of ESG shareholder proposals rose 20% since 2021, for a total of 529 ESG shareholder resolutions filed in 2022.

May is a joyous season of full fledge spring weather. Yes, random snow showers can still roll through, and temperatures can drop on a dime, but the volatile changes are manageable with the promise of warmer weather. Being that much closer to the summer solstice next month is very exciting, and we are equally ecstatic to be honoring Kevin Mullan as the May Climate Hero of the Month!

Welcome to our May 2023 Newsletter! On behalf of all of us at 350CO – Happy May!   In this issue, learn about art in activism, concerns about emerging technologies that may funnel resources away from proven climate solutions, and a ballot initiative launched for a gradual phaseout of new oil and gas permits in Colorado.