For many years, the General Board of Pension and Health Benefits (General Board) has encouraged companies, through dialogue and the filing of shareholder resolutions, to consider the impact of global warming on business operations and to consider ways to reduce the emission of harmful greenhouse gases into the atmosphere. This year, the General Board filed or co-filed five such resolutions. All together, investors filed nearly 70 climate change-related resolutions in 2009. One of these resolutions, filed with IDACORP, an Idaho-based electric utility, received more than 50% of the shareholder vote—the first climate change resolution to receive a majority of the shareholder vote.

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