First-Ever Walmart Shareholder Resolution on Climate-Damaging Refrigerants Passes Key Threshold for Support

Washington, D.C. – June 2, 2021, Walmart investors voted on the first-ever shareholder resolution on refrigerants and their related climate impacts. The initial count indicates 5.5 percent of investors voted in favor of the proposal filed by Rhode Island Treasurer Seth Magaziner, urging Walmart to disclose how it will limit its impact on climate change by increasing the scale, pace, and rigor of its plans to significantly scale back hydrofluorocarbons (HFCs) used in its operations.