This could have been a legacy initiative, a moment for the prime minister to stake a leadership position in one of the most urgent issues of our time.
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Investors have been stepping up efforts to prod companies to advance their commitments to environmental, social and governance (ESG) activities.
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Several of the largest producers of the fossil fuel feedstocks used to make plastics are being pressured by investors to explain what the companies are doing to reduce plastic waste in the world's oceans and waterways.
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Hydraulic fracturing, better known as fracking, is a controversial method used to extract natural gas and oil from shale rock formations.
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The largest U.S. companies are beginning to pay heed to the demands of investors focused on environmental and social issues, a shift for shareholders long relegated to the sidelines.
A year ago, I thought a nurdle was a cricket term for a score by deflecting the ball rather than striking it.
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Starbucks promised that its latest design innovation, a “clear, recyclable” plastic drink cap that funnels liquid through a slightly raised area, would soon replace more than a billion plastic straws each year.
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If you’re like many of those I’ve introduced the word “nurdle” to in the last week or so, you giggled the first time you heard it.
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Environmental advocacy group As You Sow (Oakland, CA) announced that it has withdrawn its shareholder proposals with Chevron and Phillips 66 since Chevron Phillips Chemical Co. (The Woodlands, TX), which is jointly owned by the two companies, has agreed to start reporting spills of pre-production plastic pellets.
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OAKLAND (KPIX 5) — There are growing protests over the amount of plastic ending up in the world’s oceans, but one Oakland nonprofit is taking a different approach that is having a remarkable effect on getting big plastic producers to care about the problem.
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(Reuters) - Chevron Phillips Chemical Co said on Tuesday it would start reporting plastic pellet spills from its chemical plants in 2019.
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Less than two weeks after Exxon Mobil became the first major oil company to agree to report plastic pellet pollution to investors, another major petrochemical company has followed suit under pressure from activist shareholders.
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Petrochemical companies are facing pressure to disclose incidents where they have spilled plastic into the ocean, which leads to what is said to be a major source of pollution.
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Starbucks offers incentives to customers to use reusable cups for both in-store and to-go consumption.
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Following pressure from a green shareholder activist group, ExxonMobil Chemical Co. agreed March 27 to expand its public reporting around resin pellet spills from its factories.
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At the urging of shareholders, ExxonMobil has agreed to report on plastics spills and management of plastics handling, As You Sow announced Wednesday.
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Oil giant ExxonMobil has avoided having to face a shareholder resolution on plastic pellet pollution after an agreement with investors - though the issue will go to the vote at peer companies like Chevron and Philips 66.
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ExxonMobil has agreed to start reporting plastic pellet spills from its polymer production plants under shareholder pressure to prevent ocean pollution, the shareholder group As You Sow said Wednesday.
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HOUSTON, March 27 (Reuters) - Exxon Mobil Corp agreed to start reporting spills of plastic pellets from its chemical plants this year, according to an activist shareholder group that pressed the company on the issue.
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It is ironic that the letter from by Patty Long, interim CEO of the Plastics Industry Association, seeks to invoke ethics.
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