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Netflix Boards Recommends ‘No’ Votes On Two ‘Anti-Woke’ Proposals [Forbes]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Including two that focus on subjects that are of great interest to politically conservative groups and critics of the company. The first proposal (proposal #5 on the agenda) asks for the issuance of an ESG ROI report. The proposal requests that the Board of Directors publish a report disclosing the extent to which the Environmental, Social, and Governance (ESG) investments identified in the 2024 ESG Report were authorized and are maintained based on Net Present Value (NPV) and Return on Investment (ROI) calculations. The proposal argues Netflix is devoting financial resources to ESG projects which don't provide a reasonable rate of return. Here are the examples given in the proposal 1. Sustainable Aviation Buyers Alliance (SABA): The Company is a co-founder of SABA, participating in a collective commitment of nearly $200 million to purchase Sustainable Aviation Fuel (SAF) certificates. The Report states the goal is to “send market signals” to producers, but subsidizing a nasce
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