Ceres, a leading coalition of investors and environmental groups, coordinated the 2009 Climate Change Proxy Season of shareholder filings along with the Interfaith Centre on Corporate Responsibility.

The groups found that of the 68 resolutions, 31 were withdrawn after companies agreed to positive climate-related commitments. The more a company is doing to combat climate change the less risk for investors.

"Investor pressure is prompting more companies to see the value of making their businesses climate-friendly," said Mindy Lubber, president of Ceres. "By measuring and lowering the carbon footprint of their operations and products, these companies will have a distinct advantage as the global economy shifts to cleaner energy sources."