FedEx shareholders will vote on a proposal at the September 21 annual general meeting asking the company to report on how it is protecting employees from climate risk stemming from their retirement plan investment options. This proposal represents a growing concern among employees about the risks of investing retirement dollars in industries that contribute significantly to climate change.
Read MoreUnited Autoworkers of America (UAW) last night announced plans for targeted, stand-up strikes in three states against Ford, General Motors, and Chrysler after negotiations fell through. Shrinking the widening gap between CEO pay and workers' pay in years marked by record-breaking profits has been central to UAW’s demands.
Read MoreThe California State Legislature passed SB 253 yesterday, which would require Scope 1, 2, and 3 emissions disclosures from all companies operating in California with more than $1 billion in revenue. SB 253 now heads to the Governor for signature.
Read MoreThe Proxy Preview team today reviewed results from the 2023 proxy season during its 2023 Proxy Preview REVIEW webinar. The season saw 335 votes on shareholder proposals asking for disclosure and action on environmental, social, and related corporate governance (ESG) issues at U.S. companies. More than two dozen proposals are still pending.
Read MoreAmazon reported a significant drop in plastic use last year and will phase out plastic mailers, actions sought by As You Sow in dialogue and through the filing of shareholder proposals over the last three years.
Read MoreA new analysis from As You Sow has found that the largest U.S. mutual fund managers, responsible for funds found across thousands of corporate 401(k) plans, have significant investments in nuclear and other controversial weapons like white phosphorus and cluster bombs.
Read MoreWhile delegates from 180 countries debated a global treaty to combat plastic pollution that might include plastic production caps, one-quarter (25.3%) of ExxonMobil shareholders representing $66.7 billion supported a resolution filed by As You Sow asking the company to study how a one-third cut in demand for virgin single-use plastic would affect its financial position at the company’s recent annual meeting.
Read MoreFor the third year in a row, nearly one-third of Amazon shareholders supported an As You Sow shareholder proposal asking the company to set a plastic packaging reduction goal. At the same time, competitor Walmart has committed to phase out use of plastic mailers for U.S. online commerce, putting Walmart even farther ahead of Amazon in actions to curtail plastic waste.
Read MoreToday, 18% of ExxonMobil and Chevron’s shareholders voted in favor of resolutions calling on the companies to begin accurately disclosing the role of asset transfers in their reported greenhouse gas emissions reductions.
Read MoreAs nearly 200 countries meet in Paris to negotiate a binding global plastics treaty, investors of parent companies to KFC, Pizza Hut, Burger King, and others have sent a message in strong support of exploring reusable packaging at two recent annual meetings.
Read MoreAt the May 31 annual shareholder meetings of ExxonMobil and Chevron, the two largest American oil and gas companies, shareholders will vote on a resolution asking each company to begin accurately disclosing the role of asset transfers in their reported greenhouse gas emissions reductions.
Read MoreToday at the annual general meeting of power and gas utility Southern Company announced that 20% of investors voted in favor of a shareholder resolution filed by As You Sow, based on a preliminary vote count.
Read MoreAmazon, Netflix, and Comcast shareholders will soon vote to ask companies how they are protecting employees from climate risk stemming from their retirement plan investment options.
Read MoreChubb Insurance released proxy voting results showing that nearly 30% of shareholders voted in favor of a climate-related resolution filed by As You Sow asking the insurer to report on how it intends to align its underwriting and investment activities with global greenhouse gas reduction goals.
Read MoreToday, JPMorgan Chase released final vote results for a first-time shareholder resolution filed by investor representative As You Sow, asking the company to provide an actionable climate transition plan outlining how it will achieve its 2030 net zero greenhouse gas emission reduction goals.
Read MoreFollowing As You Sow’s and Amalgamated Bank’s 2022 management-supported shareholder proposal on net zero target setting, Caterpillar Inc. has released its first annual “Taskforce on Climate-related Financial Disclosures Report” report and an estimate of the company’s Scope 3 greenhouse gas emissions.
Read MoreShareholders voted on As You Sow climate transition planning resolutions at major defense contractors Lockheed Martin and Raytheon.
Read MoreTuesday at the annual general meeting of Public Storage investors voted on a shareholder resolution filed by Amalgamated Bank with support from shareholder representative As You Sow.
Read MoreTesla shareholders will have the chance to vote on a floor proposal filed with Tesla at its annual general meeting on May 16.
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