Preventable Surprises

The assets controlled by the world’s largest institutional investors surpass the gross domestic product of major nations. As a result, these behemoths hold significant stakes in every major publicly traded company, giving them influence in boardrooms worldwide. Preventable Surprises exists to make sure that this influence is used to advance a financial system that is sustainable, both environmentally and socially.

Our distinctive contribution is to promote forceful stewardship, where investors go beyond private engagement with portfolio companies to publicly support resolutions that address systemic risks. Such votes send clear, public signals that can accelerate changes in corporations that lag on risk management.

Our current focus is on the critical role that electric utility companies play in limiting global warming to 2°C. Utilities are the biggest consumers of fossil fuels in the U.S. and have been slow to transition to low-carbon models. If the Paris Agreement is to have any chance of succeeding, utilities must rapidly reduce emissions.

Flip the Switch

Flip the Switch

Read our guidance note to investors on how utilities can transform carbon-intensive business models.