Shareholder proposals touching on climate change generally seek to require companies to publish reports or assessments which detail how the company’s operational footprint effects climate change. For example, among the most common shareholder proposal templates include a request the company conduct a “Two Degree Scenario Analysis”. These proposals generally request that a company “publish an assessment (at reasonable cost and omitting proprietary information) of the long-term impacts on the company’s portfolio, of public policies and technological advances that are consistent with limiting global warming to no more than two degrees Celsius over pre-industrial levels.” On a company-by-company basis, additional requirements for the report can also be included in the proposals. In 2017, Climate Change Proposals at S&P 500 companies saw tremendous shareholder support, averaging over 41% support with multiple proposals achieving majority support. More notable, however, several marquee companies negotiated the withdrawal of climate change proposals in exchange for agreeing to voluntarily provide a climate change report.