As You Sow president Danielle Fugere says in a statement following the AGM: ‘With this strong vote, investors have made it clear that companies must fully address how the global transition away from fossil fuels will affect their companies’ bottom line and future success. As demonstrated by the IEA net-zero by 2050 scenario, a clear pathway to achieving net-zero emissions exists – and it requires a rapid movement away from fossil fuel-based energy. Read More →
Read MoreAccording to an SEC filing, 91.36 percent of the votes cast at the company’s recent AGM backed a proposal filed by As You Sow asking that Boeing’s board release a report ‘evaluating and disclosing if and how the company has met the criteria of the net-zero indicator, including Scope 3 use of product emissions, or whether it intends to revise its policies to be fully responsive to such [an] indicator.’ Read More →
Read MoreDanielle Fugere, president and chief counsel of As You Sow, discusses the non-profit’s latest thinking on climate risk and the need for measurable net-zero emissions targets. Read More →
Read MoreDaniel Stewart of As You Sow compares GE in the current moment to another American industrial icon: GM. Read More →
Read More“What this spill does is underscore the need to move away from oil to other cleaner sources of energy,” said Danielle Fugere, president of As You Sow, a non-profit shareholder advocacy group focused on environmental and social issues. Read More →
Read MoreDanielle Fugere began her legal career as an environmental lawyer eking out a living one case at a time. Now, as chief counsel and president of As You Sow … Read More →
Read MoreDanielle Fugere, president of As You Sow, says in a statement: ‘Investors support this commitment by [GE] to take responsibility for the climate impact from use of its products and to transition to a more sustainable business model. Read More →
Read MoreIBD Senior Reporter Gillian Rich speaks with Danielle Fugere, president of the activist group As You Sow., to learn what's next after Chevron shareholders in May backed proposals for further emission cuts. Read More →
Read MoreThe new objective comes after GE investors in May overwhelmingly backed a shareholder proposal pushing the company to say whether it planned to reach net-zero by 2050. As You Sow, the shareholder advocacy group behind the push, also pushed the company to include emissions from the use of its products and its supply chain in its net zero goal, saying the company had been slow to address this category, undoubtedly the largest associated with the company. Read More →
Read MoreAs You Sow, a nonprofit that pushes for corporate accountability through shareholder action, is cautiously optimistic. “You can add new people to the board, but if the company stays on business as usual, then we haven’t solved anything,” says CEO Andrew Behar. Read More →
Read MoreThe GE result is the latest ESG-related success for As You Sow,. Shareholders in DuPont de Nemours recently voted for a shareholder proposal brought by the group asking DuPont to disclose its role in plastic pollution. Read More →
Read MoreEvery company needs a climate transition plan based on Climate Action 100+ benchmarks, added Andrew Behar, CEO of the shareholder advocacy nonprofit As You Sow. Read More →
Read MoreThe Aena vote, which passed, caught the attention of Andrew Behar, chief executive officer of As You Sow, a leading U.S. nonprofit that represents shareholders to engage public companies on ESG policy implementation. A few weeks later, the foundation Mr. Hohn founded reached out and arranged a grant for the nonproft to start rolling out the campaign in the U.S., Mr. Behar said. Read More →
Read MoreExxon said it made the disclosure due to investor interest. “They’re seeking dollars against companies that are disclosing Scope 3,” said Danielle Fugere, president of As You Sow, a non-profit shareholder activist group. “I don’t think they have any choice.” Read More →
Read MoreShareholder advocate As You Sow and a group of asset managers recently filed climate-focused resolutions with a large segment of the U.S. banking industry, including JPMorgan ChaseJPM, Wells FargoWFC, Bank of AmericaBAC, Goldman SachsGS and CitigroupC. Read More →
Read MoreAn effective incentive needs to be something measurable, and it needs to be tied to something the recipient of the incentive can actually control, according to Rosanna Landis Weaver, executive compensation program manager for As You Sow. With respect to utility decarbonization, she said she also looks for incentives that reward actions beyond business as usual. Otherwise, Weaver said, the incentive only serves to inflate CEO compensation without producing meaningful change. Read More →
Read MoreIndeed, while organizations such as shareholder advocacy group As You Sow heralded GE's announcement as one that "signaled meaningful change to its business by moving away from high-carbon technologies like coal," GE framed the decision as one of market necessity. Read More →
Read MoreLila Holzman, energy program manager with As You Sow, which works with shareholders and businesses on corporate responsibility plans, said her group encourages companies to set big goals that align with the targets scientists have determined are necessary to avoid the most catastrophic impacts of global warming while also charting out more feasible shorter-term steps that get them started on the right path. Read More →
Read MoreLila Holzman, energy program manager of nonprofit group As You Sow, called Southern Company’s decision to exclude Scope 3 emissions from its plan an “unacceptable” approach. She also criticized the plan’s lack of detail on the costs and risks of relying on as-yet-unproven technologies to cut the carbon footprint of its natural-gas fleet. Read More →
Read More“Access to capital will increasingly be tied to a company’s ability to reduce its emissions at the rate and scope necessary to align with the Paris goal,” said Danielle Fugere, president of As You Sow, a shareholder advocacy group. Read More →
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