On April 4, 2024, Michael Frerichs, Trustee of the Bright Start College Savings Trust, filed a notice of exempt solicitation urging Berkshire Hathaway Inc. shareholders to vote for Item #3 on the company's proxy. The proposal calls for the Board of Directors to disclose the greenhouse gas (GHG) emissions of Berkshire Hathaway Energy (BHE) by scope and the steps taken to achieve its GHG reduction goals. The proponents argue that such disclosure is necessary for shareholders to assess the company's management of material risks and opportunities related to climate change. They highlight that BHE, which represents a significant portion of Berkshire Hathaway's direct emissions, is currently not providing emissions data aligned with globally recognized standards or forthcoming regulatory requirements. The...Show More

On April 4, 2024, Michael Frerichs, Trustee of the Bright Start College Savings Trust, filed a notice of exempt solicitation urging Berkshire Hathaway Inc. shareholders to vote for Item #3 on the company's proxy. The proposal calls for the Board of Directors to disclose the greenhouse gas (GHG) emissions of Berkshire Hathaway Energy (BHE) by scope and the steps taken to achieve its GHG reduction goals. The proponents argue that such disclosure is necessary for shareholders to assess the company's management of material risks and opportunities related to climate change. They highlight that BHE, which represents a significant portion of Berkshire Hathaway's direct emissions, is currently not providing emissions data aligned with globally recognized standards or forthcoming regulatory requirements. The proponents also emphasize the importance of aligning BHE's reporting with the GHG Protocol methodology and other established reporting standards to ensure transparency, comparability, and compliance with regulatory requirements. The notice also states that the cost of the communication is borne by the Office of the Illinois State Treasurer and provides information on how shareholders can vote.