Today, a group of more than 50 investors representing more than $60 billion in assets under management sent a letter to all 535 Members of Congress expressing support of the Green New Deal’s urgent call to action on climate change.
A shareholder resolution filed at Atmos Energy Corporation by corporate responsibility group As You Sow received strong support from close to 35% of Atmos’ shareholders. The resolution asks Atmos to monitor and minimize its methane emissions.
BP announced today that it will support a resolution from investors of the Climate Action 100+ initiative asking the company to broaden its corporate reporting to describe how its strategy is consistent with the goals of the Paris Agreement. The energy giant said the BP board has decided to support the proposed resolution, which will be put to shareholders at the company’s annual general meeting in May 2019.
In the final week for public comment on the U.S. Environmental Protection Agency’s (EPA) plan to roll back existing methane regulations, ExxonMobil submitted a formal comment supporting the need for strong methane policy.
Shareholders As You Sow and Arjuna Capital have filed ground-breaking shareholder resolutions with Chevron Corporation asking it to align its operations with the Paris agreement and adopt greenhouse gas emission reduction targets to ensure progress in reducing the full range of its emissions.
The Trump administration plans to ease requirements for carbon capture technology on new coal plants.
Xcel took an important step Tuesday to act on the dire problem of climate change, announcing that it will reduce its carbon emissions 100% by 2050, with an interim target of 80% by 2030.
Shell took an important step today to act on the dire problem of climate change, announcing that it will begin implementing its long-term emissions reduction “ambition” by adopting a commitment to set three- to five-year, near-term Net Carbon Footprint targets.
A group of 35 institutional investors representing nearly $41.2 billion in AUM sent a letter to Duke Energy Monday calling on the company to initiate an independent investigation to determine the extent of possible contamination from recent breaches of the company’s coal ash ponds during Hurricane Florence.
Shareholder advocacy organization As You Sow filed a resolution Wednesday requesting that Wells Fargo adopt a policy to reduce its climate change contribution by aligning its loans and investments with the Paris goals of maintaining global temperature increases below 1.5 degrees Celsius.