More pension funds and other large shareholders are voting against CEO pay packages considered excessive, but it will take more involvement to fix the problem, according to a report released Thursday by As You Sow, a non-profit shareholder advocacy organization in Oakland, Calif.
Read MoreBig asset managers stand accused of rubber-stamping exorbitant executive pay deals in the US, as the income gap between bosses and staff grows even wider.
Read MoreLarge asset managers oppose executive compensation plans at a higher rate than ever before, and European firms tend to reject CEO pay more often than their U.S. peers.
Read Morehe 2019 edition of BP’s Energy Outlook, released Thursday, explores the key uncertainties that could impact the shape of global energy markets out to 2040 — the greatest of which involve the dual challenges of the need for more energy to support continued global economic growth and rising prosperity, and the need for a more rapid transition to a lower-carbon future.
Read MoreAfter Donald Trump took office, a U.S. coal plant has shut down roughly every 15 days. Last week, despite Trump’s attempts to keep it open, the Tennessee Valley Authority decided that it will close a coal power plant in Kentucky to save money and keep electric rates low.
Read MoreSPARTANBURG, S.C. – Denny’s Corp. has updated the company’s animal welfare policy to include its commitment to serving chicken from birds raised without the use of medically important antibiotics.
Read MoreUS-based oil and gas major Chevron has attempted to undercut a shareholder rebellion by announcing plans to align its business strategy with the Paris Climate Agreement, vowing to cut greenhouse gas emissions by 25% to 30%. However, the company’s promises do not fully meet investor demands.
Read MoreHOUSTON (Reuters) - Chevron Corp plans to set greenhouse gas emissions targets and tie executive compensation and rank-and-file bonuses to the reductions, the oil major said in its latest climate report released on Thursday.
Read MoreChevron Corp. vowed to cut greenhouse gas emissions in alignment with the Paris Accord on climate change, potentially averting a shareholder rebellion at its annual general meeting.
Read MoreBP will report more about its company strategy to align with the Paris Agreement that calls for steep reductions in greenhouse gas emissions to fight climate change.
Read MoreLess than two months after Royal Dutch Shell bowed to shareholder pressure from institutional investors, European rival BP has followed suit, agreeing to support a shareholder resolution that calls for it to report and provide evidence that its longterm strategy is consistent with the goals of the Paris Agreement.
Read MoreOil major BP PLC’s board said Friday it will back a shareholder resolution at its annual meeting this year that would force the company to align its business strategy with the goals of the Paris Agreement on climate change.
Read MoreCorporations all over the world need to make a choice — are they going to commit to a future in which reliance on fossil fuel-based plastics is only a memory? Or are they going to continue to contribute to the 300 million tons of plastics produced every year, half of which is for single use? Loud investments in R&D to investigate future alternatives to plastics is a weak starting point, more public relations than practical reform. Our planet depends on corporations eliminating single-use plastics from all packaging — now.
Read More“Seven years ago RSN created the Uzbek Cotton Pledge. Due in part to the international community refusing to source cotton harvested with slave labour, we are starting to see a commitment by the government of Uzbekistan to change its antiquated and abusive system.”
Read MoreGreat Nurdle HuntVolunteers clean the beach in Scotland in an event sponsored by the Great Nurdle Hunt and the environmental group Fidra.
Read More(Bloomberg Law) -- Starbucks Corp.'s board is pushing back against a coffee-cup recycling proposal from shareholders worried about ocean pollution.
Read MoreA standoff is brewing between investors, corporate boards and federal regulators as shareholders prepare to vote on resolutions that concern human rights, corporate governance, and climate change.
Read MoreFrom environmental damage to fueling conflict, the mining industry has left a trail of tangled impacts around the world. Host Marco Werman speaks with Responsible Sourcing Network's founder Patricia Jurewicz.
Read MoreRemember that massive rate hike proposed last November by Charlotte, North Carolina-based Duke Energy? We do …
Read MorePlastic is a hot topic in Davos this week and more big-name companies are stepping up commitments to reducing plastic waste -- playing catch-up to other industry leaders.
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