EA Laying Off 350 People, About 4% of Staff

Electronic Arts is laying off about 350 of its 9,000-person staff, CEO Andrew Wilson announced in a blog post on its website Tuesday.

CEO PayAsYouSowMarch 28, 2019Brian Crecente, report

As You Sow Harnesses the Power of Shareholders and Their Values to Enact Corporate Change for a Better, More Sustainable Future

In March 2018, Adrian Grenier delivered As You Sow’s shareholder proposal to Starbucks annual meeting encouraging the company to move away from using plastic straws in its drinks.

Shareholder AdvocacyAsYouSowMarch 28, 2019Matt Walker

BP agrees to disclose how its strategies align with the Paris Agreement

BP HAS agreed to a resolution from investors to disclose how its greenhouse gas reduction and future investments plans are in line with the Paris Agreement.

EnergyAsYouSowMarch 22, 2019Amanda Doyle, Paris, BP, climate, climate change

These publicly traded companies are doing the most to help prevent climate change

You’re concerned about climate change. But chances are, you don’t know what’s really in your investment portfolio and whether your investments are helping or hurting the cause.

Clean200AsYouSowMarch 22, 2019report, Lorie Konish

NY-Based Goldman Sachs and Wells Fargo Turn Back Investor Climate Change Resolutions

“What we have found with these banks is they are reducing their own carbon footprints, but are ignoring the impact of their investments in fossil fuels,” Fugere explained.

Big Banks Can Block Shareholder Climate Proposals, SEC Rules

The Securities and Exchange Commission recently allowed two large banks to block a shareholder proposal addressing the climate impact of the banks’ investment portfolios.

YESS Aims to Eliminate Modern Slavery in Cotton Sourcing

Creating foundational documents aimed at establishing an industrywide approach to identify and address forced labor in cotton sourcing, the Responsible Sourcing Network (RSN) on Wednesday released the YESS: Yarn Ethically & Sustainably Sourced Standard, and YESS Workbook.

RSNAsYouSowMarch 22, 2019Arthur Friedman, YESS Standards, YESS Standard, report

Why Proxy Votes are Important for ESG Investing

When investing client assets in ESG-focused funds, don’t just consider a fund’s investment strategy and holdings; look also at its proxy voting history and current votes on shareholder resolutions, now that the proxy voting season is underway. What you find may surprise you and/or your clients.

CEO Pay, Proxy PreviewAsYouSowMarch 22, 2019PP report, report, Proxy Preview, Bernice Napach, ESG

Shell Rebukes Trump & Doubles Down On Electricity

British-Dutch oil major Royal Dutch Shell has made it clear this week that, at least publicly, it has no interest in doing business as usual, rebuking US President Donald Trump and his administration to tighten methane while at the same time announcing it plans to be the largest power company in the world by the early 2030s.

EnergyAsYouSowMarch 22, 2019climate, climate change, methane regulations, methane, Joshua Hill

Large fund firms' support for combating climate change is all talk, as proxy voting record shows bottom performance

Climate change questions don’t get more fundamental than this one: How much time is left to act before it is too late?

Proxy PreviewAsYouSowMarch 18, 2019report, PP report, Proxy Preview, Eric Rosenbaum

Reform request on shareholder resolutions drawing a line in the sand for public companies, activists

As public company annual meeting season nears, renewed calls for the SEC to raise the resubmission threshold on shareholder proposals are being fought by proponents of the current system who say the changes would hurt investors and companies.

EnergyAs You SowMarch 18, 2019Brian Croce, shareholder resolutions

Big Oil Is Backing Methane Regulation

The oil industry has suddenly grown concerned about its methane emissions.

EnergyAsYouSowMarch 18, 2019climate change, methane, methane regulations, climate, Nick Cunningham

Oil companies calling for methane regulations are part of lobbying group that opposes them

Several of the world’s biggest oil companies are voicing their support for federal regulations on methane emissions, even as the trade association lobbying on their behalf continues to back the Trump administration’s efforts to weaken those rules.

EnergyAsYouSowMarch 18, 2019E.A. Crunden, climate change, methane, methane regulations, climate

Shareholder Resolutions Address Guns, Opioids And Climate Change

Guns, opiods and climate change are the dominant issues shareholders are focusing on in resolutions filed this proxy season, according to the Proxy Preview 2019 report released Tuesday.

Proxy PreviewAsYouSowMarch 18, 2019Karen DeMasters, Proxy Preview, report, PP report

ExxonMobil, Shell Urge EPA Methane Restrictions

Shell and ExxonMobil support methane regulations.

EnergyAsYouSowMarch 14, 2019climate change, Shell, exxon, methane, CSD Staff

Scoop: Oil producer EOG Resources commits to methane target

HOUSTON — Facing investor pressure, one of America’s biggest oil producers has committed to setting targets to reduce emissions of methane, a potent greenhouse gas, from its oil and gas wells.

Proxy PreviewAsYouSowMarch 14, 2019PP report, report, Proxy Preview, Amy Harder

Proxy Preview 2019: Better Every Year

Proxy Preview 2019 reveals intensified shareholder pressure on corporations across a wide range of ESG issues from climate and political spending to women.

Proxy PreviewAsYouSowMarch 14, 2019James McRitchie, PP report, Proxy Preview, report

General Mills Makes Regenerative Ag Commitment

A shareholder advocacy group applauds a recent announcement that General Mills is committing to advance one million acres of farmland to holistic practices by 2030.

Environmental HealthAsYouSowMarch 14, 2019Mark Dorenkamp, General Mills, agriculture