Proxy Preview — Press Hits - posts — As You Sow

Posts tagged Proxy Preview

Climate shareholder resolutions flood into proxy season for a record year

And it’s up from early predictions in Proxy Preview, a sweeping report compiled by nonprofits As You Sow, Proxy Impact, and Si2. The number of proposals “tightly focused” on climate change alone rose to 113 from 85 last year and 68 in 2020, according to Si2. Six of 17 shareholder proposals that won a majority vote (so far) are tied to racial justice. And issues directly tied to workers like safety were on 65 ballots going into the season, Proxy Preview found. The calculations are derived from regulatory filings with official vote counts, so aren’t final. Read More →

EnergyAs You SowJune 6, 2022homepage, climate, Proxy Preview

Rebel shareholders are taking on big companies. And they're winning

Rebel shareholders are taking on big companies. And they're winning

A review of top US companies from the Sustainable Investments Institute and partners As You Sow and Proxy Impact identified 34 majority votes this year for proposals regarding environmental, social and corporate governance, or ESG, issues. That's well above last year's record of 21 (and the number could keep growing). Read More →

Proxy PreviewAs You SowJuly 1, 2021homepage, Julia Horowitz, Proxy Preview, proxy

Companies say Black Lives Matter. Investors say Prove it.

Companies say Black Lives Matter. Investors say Prove it.

Roughly 20 companies face such proposals this year, including eight banks, Johnson & Johnson, Foot Locker and Monster Beverage, according to the 2021 Proxy Preview produced by Si2, As You Sow and Proxy Impact. In short, the resolutions ask these companies to report on how their business practices harm people of color and what they plan to do about it. Read More →

Proxy PreviewAs You SowApril 1, 2021homepage, CJ Clouse, proxy, Proxy Preview, racial justice, racial inequality

Shareholders Demand Action On Social Justice, Proxy Report Says

Shareholders Demand Action On Social Justice, Proxy Report Says

“2020 showed us that ‘business as usual’ no longer exists. Shareholder proponents expect escalated action and not just words,” Andrew Behar, CEO of As You Sow and publisher of the report, said in a statement. “The 2021 proposals offer ideas for transforming the deep-rooted challenges that threaten businesses and the entire global economy, including climate change and systemic racism.” Read More →

Proxy PreviewAs You SowMarch 18, 2021Karen DeMasters, proxy, Proxy Preview

Proxy Season Insider

Proxy Season Insider

Continuing a recent trend that began in the 2019 proxy season, Berkeley, California-based proponent As You Sow has once again come to an oil and gas company operating on the Gulf Coast to request that it report on the public health risks of expanding petrochemical operations in the environmentally risky region.

Proxy PreviewAsYouSowMay 7, 2020Proxy Preview, Chevron, phillips 66

Concerned Investors Swarm SEC Comment Board Ahead of Proposed Rule Change

Concerned Investors Swarm SEC Comment Board Ahead of Proposed Rule Change

Phillip Goldstein, a co-founder of Bulldog Investors LLC, wrote the SEC in March to urge the agency to stop a potential move by companies to opt out of the rule by only allowing votes on shareholder proposals that have been approved by a company board… Other stakeholders such as Andrew Behar, the chief executive officer of the non-profit organization As You Sow, says worries about excessive shareholder proposals are overblown. Read More →

Proxy PreviewAsYouSowMay 4, 2020Neanda Salvaterra, Proxy Preview, SEC

Chevron Shareholders Want Action on Climate Change

Chevron Shareholders Want Action on Climate Change

One proposal asks the company to report on how expanding the operations of its chemical division, CPChem, may affect public health in areas prone to climate-change-related natural disasters… The organization that brought the proposal to the board, As You Sow, is a nonprofit group that uses shareholder advocacy to push for socially responsible business practices in several industries. Read More →

Environmental Health, Proxy PreviewAsYouSowMay 4, 2020Andy Ryle, climate change, Proxy Preview, Chevron

Trump Administration Seeks to Muzzle Activist Shareholders

Corporate boards, on the other hand, don’t tend to share the same appreciation. Companies aren’t as comfortable having explosive concerns aired in “the public eye…where they cannot necessarily control what is said about them,” says Welsh, whose organization produces the Proxy Preview with the nonprofit shareholder activist organization As You Sow and Proxy Impact, a shareholder advocacy and proxy voting service. Read More →

Shareholder AdvocacyAsYouSowMay 4, 2020Christine MacDonald, shareholder advocacy, SEC, Proxy Preview

‘Stewardship’ under scrutiny as shareholder season gets started

“This year can be an inflection point,” says As You Sow’s Andrew Behar. “The 2020 proxy season will test if investors and companies will help define a new economic paradigm or if these endorsements are just empty words.” Read More →

Proxy PreviewAsYouSowApril 29, 2020Amy Cortese, proxy season, Proxy Preview

2020 proxy season includes 400-plus ESG resolutions – report

Referring to a recent policy change by the Business Roundtable to endorse stakeholder capitalism, driven in part by shareholder advocacy, As You Sow CEO Andrew Behar said in the same statement that the 2020 proxy season "will test if investors and companies will help define a new economic paradigm or if these endorsements are just empty words." Read More →

Proxy PreviewAs You SowMarch 23, 2020proxy season, proxy, Proxy Preview, report, Hazel Bradford

Corporate Political Activity Is Of Concern To Shareholders

Corporate Political Activity Is Of Concern To Shareholders

Climate change and corporations’ responses to it also are of primary importance to shareholders, according to the 2020 Proxy Preview report released Thursday. The report on the resolutions was compiled by As You Sow, Proxy Impact and other consumer advocacy organizations. Read More →

Proxy PreviewAsYouSowMarch 23, 2020Proxy Preview, report, PP report, Karen DeMasters

Follow the Talent: Agents of Impact Special Report for May. 24

he proxy season is in full swing and the results on 75 climate-related resolutions are… mixed.

Shareholder AdvocacyAsYouSowMay 27, 2019Dennis Price, Proxy Preview

Investors and companies are facing off over these sustainability issues

Investors and companies are facing off over these sustainability issues

Shareholders filed proposals on nearly 400 environmental, social and sustainability issues at U.S. companies through mid-February.

Proxy PreviewAsYouSowApril 11, 2019Esther Whieldon, PP report, report, Proxy Preview, shareholder resolutions, climate, climate change

Shareholders Press Companies Harder On Human Rights

Proxy season is underway, in which companies face their shareholders and their concerns on social issues, and there has been a surge in human rights proposals aimed at such issues as immigration rights and detention, child sexual exploitation, hate speech and privacy.

Proxy Preview, Human RightsAsYouSowApril 8, 2019Jerilyn Klein Bier, Proxy Preview, report, PP report, shareholder resolutions

Proxy Preview 2019

Proxy Preview 2019

Proponents have filed at least 386 shareholder resolutions on environmental, social and sustainability issues for the 2019 proxy season, Environmental, Social & Sustainability Resolutions with 303 still pending as of February 15.

Proxy PreviewAs You SowApril 8, 2019Heidi Welsh, Michael Passoff, Andrew Behar, report, Proxy Preview

Why Proxy Votes are Important for ESG Investing

Why Proxy Votes are Important for ESG Investing

When investing client assets in ESG-focused funds, don’t just consider a fund’s investment strategy and holdings; look also at its proxy voting history and current votes on shareholder resolutions, now that the proxy voting season is underway. What you find may surprise you and/or your clients.

CEO Pay, Proxy PreviewAsYouSowMarch 22, 2019PP report, report, Proxy Preview, Bernice Napach, ESG

Large fund firms' support for combating climate change is all talk, as proxy voting record shows bottom performance

Large fund firms' support for combating climate change is all talk, as proxy voting record shows bottom performance

Climate change questions don’t get more fundamental than this one: How much time is left to act before it is too late?

Proxy PreviewAsYouSowMarch 18, 2019report, PP report, Proxy Preview, Eric Rosenbaum

Shareholder Resolutions Address Guns, Opioids And Climate Change

Guns, opiods and climate change are the dominant issues shareholders are focusing on in resolutions filed this proxy season, according to the Proxy Preview 2019 report released Tuesday.

Proxy PreviewAsYouSowMarch 18, 2019Karen DeMasters, Proxy Preview, report, PP report

Scoop: Oil producer EOG Resources commits to methane target

Scoop: Oil producer EOG Resources commits to methane target

HOUSTON — Facing investor pressure, one of America’s biggest oil producers has committed to setting targets to reduce emissions of methane, a potent greenhouse gas, from its oil and gas wells.

Proxy PreviewAsYouSowMarch 14, 2019PP report, report, Proxy Preview, Amy Harder

Proxy Preview 2019: Better Every Year

Proxy Preview 2019: Better Every Year

Proxy Preview 2019 reveals intensified shareholder pressure on corporations across a wide range of ESG issues from climate and political spending to women.

Proxy PreviewAsYouSowMarch 14, 2019James McRitchie, PP report, Proxy Preview, report