As You Sow Submits a Shareholder Proposal to AutoZone
November 10, 2021 at 01:58 pm EST
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On November 10, 2021, As You Sow filed an exempt solicitation statement soliciting proxies and urged the shareholders of AutoZone, Inc. to vote for a shareholder proposal, asking the Company to report on how the Company will develop a climate transition plan and goals to align its emissions with the Paris Agreement?s net zero goal to maintain global temperature rise at 1.5 degrees Celsius, at the Company?s annual shareholders meeting scheduled to be held on December 15, 2021.
AutoZone, Inc. specializes in distributing automotive spare parts and accessories. The group offers compressors, batteries, carburetors, clutches, des rotors, des motors, fuel pumps, etc. Net sales break down by activity as follows:
- retail and professional distribution (98.2%): sale of spare parts primarily to garages and service stations;
- other (1.8%): sales of diagnostic and maintenance software (name Alldata), and an e-commerce division.
At the end of August 2023, AutoZone, Inc. had a network of 7,140 stores located in the United States and Puerto Rico (6,300), Mexico (740) and Brazil (100).
AUTOZONE, INC. 
