Press releases

Yesterday’s Executive Order would invest massive U.S. resources to propel deep-sea mining, a costly and destructive mining process that dredges the deep sea floor.

Today, As You Sow announced that First Solar Inc. (NYSE: FSLR) committed to exclude minerals mined from the deep seabed from its supply chain until scientific findings are sufficient to assess the environmental risks of this potentially devastating new mining process.

Today, Tesla Inc. (NYSE: TSLA) shareholders will vote on a proposal, filed by shareholder representative As You Sow, asking Tesla to adopt a deep-sea mining moratorium. Tesla has yet to take a public stand on the controversial issue of deep-sea mining, in stark contrast to peers, including BMW, Volvo, Volkswagen, Rivian, and Renault, which have each signed a moratorium. A similar proposal voted on at the General Motors shareholder meeting on June 4 received 12% support, a solid vote of support for this new issue.

Tesla and General Motors shareholders are calling for a deep-sea mining commitment in two novel biodiversity proposals filed by As You Sow. Tesla and General Motors have yet to state their position on the issue in stark opposition to peers BMW, Volvo, Volkswagen, Rivian, and Renault. As world leaders and economic titans gather at Davos, biodiversity protection and the risks of deep-sea mining are topics of growing importance.