Trillium ESG Small/Mid Cap Fund submitted a shareholder proposal to BJ's Wholesale Club Holdings, Inc., requesting a report on the company's efforts to increase the scale, pace, and rigor of its GHG emissions reduction. The proposal was announced on May 9, 2025.
The fund requested that the report be updated annually, prepared at a reasonable cost, and omit proprietary information. This action highlights growing investor focus on environmental, social, and governance (ESG) factors within corporate operations.
BJ's board of directors recommended that shareholders vote against the proposal at the annual meeting scheduled for June 19, 2025. This indicates a difference in approach between the activist shareholder and the company's current governance strategy regarding detailed ESG disclosures.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.