Press Release
National Center for Public Policy Research Free Enterprise Project (FEP)
Washington, D.C. – At this week’s annual meeting of Warner Bros. Discovery (WBD) shareholders, activist investors with the National Center for Public Policy Research’s Free Enterprise Project (FEP) will criticize WBD’s “cartoonish ‘sustainability’ efforts.”
“I’m old enough to remember when the bombastic boaster Foghorn Leghorn and the compulsive liar Daffy Duck were just cartoon characters. When did they get promoted to be corporate sustainability managers?” FEP Executive Director Steve Milloy will ask as he presents Proposal 4 (“Sustainability ROI Report”) to shareholders.
He will add:
Management imagines that it can manage global climate by fretting corporate energy use. But even if you believe in the climate hoax, the reality is that our company could shut down today and forever and the reduction in emissions is so small that it couldn’t possibly make any difference to global climate…
