Company: BRK-A
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001193125-25-054877
Chunk: 26

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 26
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 reporting is so vague and vapid, it may be reasonably labeled “greenwashing.” Thus, Berkshire Hathaway should identify, quantify and report to shareholders the specific benefits produced by its voluntary, highly touted, yet costly “environmental” activities. Are the benefits real and worthwhile? Or are they just greenwashing? Shareholders want to know. THE BOARD OF DIRECTORS UNANIMOUSLY FAVORS A VOTE AGAINSTTHE PROPOSAL FOR THE FOLLOWING REASONS: Berkshire’s Board recommends a “no” vote on this proposal. The Board does not believe that issuing a report of Berkshire Hathaway Energy’s incurred costs and associated actual benefits accrued to shareholders, to public health, and to the environment, from the subsidiary’s environmental activities that are voluntary and exceed federal/state regulatory requirements is necessary or in the best interests of shareholders. 1 https://www.brkenergy.com/esg-sustainability/environmental 2https://www.windpowermonthly.com/article/1890705/warren-buffetts-berkshire-hathaway-full-control-energy-unit 3 https://www.brkenergy.com/esg-sustainability/environmental 4https://www.brkenergy.com/energy 5https://www.eia.gov/tools/faqs/faq.php?id=427&t=3 6 https://www.brkenergy.com/about-us/environmental-respect 7https://www.sciencedaily.com/releases/2020/04/200430113003.htm 8 https://www.aei.org/carpe-diem/18-spectacularly-wrong-predictions-were-made-around-the-time-of-the-first-earth-day-in-1970-expect-more-this-year/ 9 https://www.iea.org/reports/co2-emissions-in-2023/executive-summary 10 https://insights.taylorenglish.com/post/102iw50/china-is-building-coal-fire-power-plants-at-an-alarming-rate 11Ibid. 13

The proposal’s apparent criticism of Berkshire Hathaway Energy’s reporting on greenhouse gas emissions from its facilities and the deployment of non-carbonresources and its demand for “actual” benefits is misplaced. Berkshire Hathaway Energy’s operating companies are primarily regulated by state public utility commissions; these state commissions are charged with ensuring rates charged to customers are fair and reasonable while also allowing the utility the opportunity to recover reasonable costs and earn a reasonable return on its investments. State utility commissions are the primary determinant of whether a utility’s efforts to expand non-car