Michael Frerichs, as Trustee of the Bright Start College Savings Trust, has filed a notice urging Berkshire Hathaway Inc. shareholders to vote for enhanced disclosure of greenhouse gas (GHG) emissions and decarbonization efforts by Berkshire Hathaway Energy (BHE). The proposal, Item #3 on the company's 2024 proxy, calls for the Board of Directors to report annually on BHE's GHG emissions by scope and progress towards net-zero goals. The proponents argue that current disclosures are insufficient and misaligned with industry standards and forthcoming regulatory requirements. They emphasize the financial and regulatory risks posed by GHG emissions to the company and the importance of transparent reporting for assessing these risks. BHE, a significant contributor to Berkshire Hathaway's direct emissions, is...Show More

Michael Frerichs, as Trustee of the Bright Start College Savings Trust, has filed a notice urging Berkshire Hathaway Inc. shareholders to vote for enhanced disclosure of greenhouse gas (GHG) emissions and decarbonization efforts by Berkshire Hathaway Energy (BHE). The proposal, Item #3 on the company's 2024 proxy, calls for the Board of Directors to report annually on BHE's GHG emissions by scope and progress towards net-zero goals. The proponents argue that current disclosures are insufficient and misaligned with industry standards and forthcoming regulatory requirements. They emphasize the financial and regulatory risks posed by GHG emissions to the company and the importance of transparent reporting for assessing these risks. BHE, a significant contributor to Berkshire Hathaway's direct emissions, is highlighted as lagging behind peers in emission reporting. The proposal aligns with the GHG Protocol methodology and anticipates compliance with new rules from the SEC and other regulatory bodies. The notice, dated April 4, 2024, also addresses BHE's decarbonization plans and the need for standardized reporting to inform shareholders and ensure the company's long-term success.