“‘Insurance companies are raising rates and dropping coverage because of climate-related disasters, but the parties most responsible — the major fossil fuel producers — are not being held accountable,’ said Danielle Fugere, President and Chief Counsel of As You Sow." Read More →
Read More“As You Sow President Danielle Fugere stated: ‘Our proposal simply asks Chubb to evaluate whether recovering costs from responsible parties could help keep insurance affordable for the families and communities that depend on it.’" Read More →
Read More“As You Sow’s proposal addresses a significant policy issue—the affordability and availability of homeowners insurance in the face of climate change—that directly impacts the company’s long-term financial sustainability and carries broad societal implications." Read More →
Read More"‘Companies have to decide: Do you want to have a good relationship with your shareholders, or do you want to pay your corporate attorneys millions?’ said As You Sow CEO Andy Behar.” Read More →
Read More“‘Communications on material issues central to informed investor decision making is the underpinning of our free market system,’ said Andy Behar, the chief executive of the prominent shareholder activist organization As You Sow.” Read More →
Read More“Ultimately, Behar said, limiting small investors’ options for holding corporations accountable removes incentives for those companies to constructively engage with advocates. ‘Companies generally sit down with us,’ he said, noting that As You Sow had more than 100 such engagements last year alone. ‘It’s all part of a process.’” Read More →
Read More“The SEC ‘was founded in 1934 to provide communication between shareholders — to create trust between companies and their beneficial owners — and now they are no longer going to be helping shareholders,’ said Andy Behar, the CEO of As You Sow, in an interview.” Read More →
Read More“As You Sow has led a chorus of critics after the SEC reversed its long-standing practice of allowing smaller shareholders to file Notices of Exempt Solicitation on the SEC’s EDGAR system, calling the move a ‘significant setback for shareholder democracy and informed capital markets.” Read More →
Read More“Andy Behar, CEO of As You Sow warned that ‘restricting exempt solicitations to the few largest investors harms the core tenets of capitalism – information and trust between corporations and their beneficial owners’.” Read More →
Read More“As You Sow said the new policy ‘risks chilling legitimate shareholder speech and weakens the fundamentals of a strong market.’” Read More →
Read More“Shareholder advocacy nonprofit As You Sow said Friday that a potential repeal of Rule 14a-8, and potential changes to the shareholder proposal process, ‘entirely ignores the financial benefits and pecuniary outperformance resulting from shareholder proposals.’ " Read More →
Read More“The SEC ruled for shareholders in around 40 per cent of shareholder proposal cases. Its disappearance from the fray would remove a vital platform for recalibration and stability,” Danielle Fugere, president of As You Sow, told Sustainable Views." Read More →
Read More“Shareholder advocacy group As You Sow, which filed the resolution, responded this week by saying shareholders were not demanding disclosures requiring the kind of ‘intricate detail’ outlawed by SEC guidance.” Read More →
Read MoreESG disclosure is maturing and starting to get the support it needs from the SEC, said Andrew Behar, CEO of As You Sow, a shareholder advocacy group that pushes companies to be more socially responsible.
“It’s all moving us into a place where we can actually judge which companies are part of an economy based on justice and sustainability,” Behar said. Read More →
Read More“Politics should be separate from markets,” said Danielle Fugere, president of shareholder advocacy group As You Sow. “The world is transitioning towards a greener economy, and markets are adjusting to that. It is absurd for lawmakers to think that they’re going to put a stop to that progress. It would be detrimental to U.S. businesses.” Read More →
Read More"We are concerned that the Proposal's division of funds into three separate categories does not reflect the reality of how fund managers incorporate ESG factors in investment and stewardship decision-making, which could increase compliance costs," As You Sow CEO Andrew Behar said in a letter to the SEC. Read More →
Read MoreShareholder advocacy non-profit As You Sow also welcomed the change, with the organisation’s President, Danielle Fugere, calling it a “timely and necessary” move which would help shareholders play a “critical role in ensuring companies are addressing issues that create risk and opportunity and can affect shareholder value”. Read More →
Read More“This guidance, which underscores the [right of] shareholders to raise and vote on important issues, is timely and necessary,” Danielle Fugere, president of As You Sow, said in a statement. Read More →
Read More“As You Sow and the shareholders we represent believe that corporations need to disclose greater detail about their policies and practices to include material environmental, social, and governance” data, Behar said. Read More →
Read MorePhillip 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 →
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