Investors Demand Carbon-Risk Disclosure

As Avis Budget Group (CAR) stockholders prepare for the company's annual meeting in Wilmington, Del., on June 12, they're facing unfamiliar terrain. For the first time since the formation of the company three years ago, shareholders are being asked to vote on a shareholder proposal on greenhouse gas emissions. At issue: Should Avis Budget prepare a report on whether it makes sense to cut emissions from the company's rental cars?

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