Business · Companies · 2 hrs ago

Climate votes fall to 17 European companies as shareholder support dips

Climate votes fall to 17 European companies as shareholder support dips

Seventeen European listed companies held advisory votes on climate plans at shareholder meetings this year, compared with 22 the year before.

The votes covered nine European markets, including Spain, with most taking place in France and the United Kingdom.

These non-binding votes let shareholders express support for companies’ climate strategies.

Average backing slipped to 94.6%, down from 95.3% last year and the first decline since 2022.

At Spanish airport operator Aena, 87.73% voted in favour of its updated climate action plan, below the 92.53% support it received last year.

Ferrovial’s climate strategy received 95.06% support, slightly lower than last year but above the average for the 17 companies.

The figures show that climate plans remain on meeting agendas, while shareholder support has eased.

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