“Both Duke and Dominion are now leading energy companies on this front,” said Danielle Fugere, president of As You Sow, the shareholder advocacy group that represented investors on recent shareholder proposals on climate change at those companies. The proposals were withdrawn after the companies revamped their climate plans. Read More →
Read MoreTwo shareholder groups, Green Century Capital Management and As You Sow, are pushing Travelers to measure and report emissions generated by its customers and investments. Without understanding this broader carbon footprint, the groups say, Travelers cannot know how it is exposed to the likely financial risks of increasing climate catastrophes. Read More—>
Read MoreOn Thursday, Shareholder advocacy organization As You Sow released Road to Zero Emissions: 55 Companies Ranked on Net Zero Progress, which ranked companies on their progress in aligning their emissions reductions with the 1.5-degree Paris Agreement goal.
“Approximately 84% of the assessed companies received total scores of ‘D’ or ‘F’’, underscoring that we have a long way to go toward net-zero progress,” said David Shugar, As You Sow’s climate initiative manager and lead report analyst. Read More →
Read MoreThen there’s the issue of carbon offsets. Science Based Targets, as well as Climate Action 100+, an investor-led initiative to make sure the world’s largest corporate greenhouse gas emitters are taking necessary climate action, both advise that offsets should be avoided or at least limited. “What [they both] say is that carbon offsets should not be used until it’s absolutely necessary and because it’s infeasible to do anything else, so the focus has to be on companies actually reducing their own emissions and their own value chain emissions,” says Danielle Fugere, president and chief counsel at As You Sow. Read More →
Read MoreToo many still rely on buying permission to pollute through carbon offsets rather than changing how they source energy, says sustainable-investing advocate As You Sow. The nonprofit on Thursday issued its periodic report, “Road to Zero Emissions: 55 Companies Ranked on Net Zero Progress“.
“The next few years are critical in achieving emissions reductions and setting a less catastrophic path for the global climate,” said Danielle Fugere, president of As You Sow. “To address the current gap between goals and action, As You Sow’s scorecard weights near-term, year-over-year greenhouse-gas emissions reductions as the largest scorecard component.
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 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 MoreDanielle Fugere is the president of the group As You Sow, which focuses on shareholder activism. She said it's a market reality that the world is taking climate change seriously. She said she thinks businesses should join the movement, instead of putting up a fight. "Because as climate change occurs, it impacts every company globally," said Fugere. "It makes it much more difficult to maintain business." 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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