Companies including Goldman Sachs and BlackRock will be forced to confront accusations of hypocrisy at their upcoming shareholder meetings from investors challenging commitments made by corporate America to consider the environment and their workers alongside profitability. Read More →
Read MoreThe big picture: CEO pay has increased so greatly that even the bottom 10% of companies with the worst one-year shareholder returns had CEOs with median pay packages of $12.6 million, As You Sow found. Read More →
Read MoreThree titans of US banking and investment had their requests to omit shareholder proposals on implementing the Business Roundtable Statement of the Purpose of a Corporation slapped back by the Securities and Exchange Commission (SEC) on Tuesday. Read More →
Read MoreThe report, “The 100 most overpaid CEOs”, was published this week by As You Sow, a nonprofit organization devoted to amplifying the voice of shareholders on issues including environmental and social causes, and fiscal responsibility by publicly listed corporations. Read More →
Read More"We appreciate Yum's commitment to phase out foam containers globally as a significant corporate leadership action," Conrad MacKerron, senior vice president of As You Sow, said in a statement. "This is a win for oceans and marine life as foam packaging poses particular threats to wildlife." Read More →
Read MoreAs You Sow has introduced a shareholder proxy asking for JPMorgan to commit to aligning its financing with the Paris Agreement on climate change. The bank has asked the SEC for permission to omit that proposal and others related to climate change from consideration during the upcoming proxy season. Read More →
Read MoreJPMorgan still is not addressing its larger oil and gas portfolio, nor is it committing to align with the Paris climate agreement, said Danielle Fugere, president of As You Sow, an investor climate advocacy group. Read More →
Read MoreAs You Sow believes more organized, concerted action is needed by producer brands, recyclers, processors, regulators, and advocacy groups to dramatically increase levels of recycling, both to capture the embedded value of these materials, as well as to provide feedstock for the recycled content many brands now promise to use. Read More →
Read MoreIn the report, “The 100 Most Overpaid CEOs,” the nonprofit As You Sow lists the most egregious examples. The CEO compensation and average employee compensation come from data that corporations now have to disclose to the SEC and are based on data from the most recent fiscal year. The “overpayment” calculation is based on a statistical regression model from the investment services company HIP Investor that looks at what CEOs should have made based on longer-term company performance. Read More →
Read MoreAs You Sow defined the 100 “most overpaid” CEOs of the S&P 500 by comparing their compensation with shareholder returns over the past five years, the level of shareholder support for the pay and the ratio between CEO and worker pay. Read More →
Read MoreA long-term goal is to introduce the cups into major chains. Conrad MacKerron, senior vice president for the shareholder advocacy nonprofit As You Sow, told Waste Dive the programs are "a key first step" toward shifting companies like Starbucks "away from single use packaging and towards reusables." He added "there will need to be a lot of market testing to study, encourage, and induce customer behavior change." Read More →
Read MoreAnother major petrochemical company has agreed to publicly report its plastic pellet pollution under mounting public pressure from an activist shareholders group. Read More →
Read MoreActivists, including the As You Sow Foundation, Trillium Asset Management and Boston Trust Walden, said they had received notices that the bank has asked for regulatory permission to skip votes at its spring annual meeting on proposals such as reporting on greenhouse gas emissions tied to its lending. Read More →
Read MoreMore than 386 employees at e-commerce giant Amazon have broken the company’s rules by posting statements on a social media site to complain that their employer is a major factor in climate change. Read More →
Read MoreAs You Sow, a consumer advocacy group, filed shareholder resolutions in 2017 and 2020 asking the company to eliminate producer application of glyphosate before harvesting grains. The group said in a release it hoped other food producers would do the same. Read More →
Read MoreGreen America, a not-for-profit membership organization focused on the economic power of consumers, investors and businesses to create an environmentally sustainable economy, along with Americans for Financial Reform and As You Sow, delivered the petition. Read More →
Read MoreKellogg will work with suppliers to phase out the use of glyphosate as a pre-harvest drying agent in its major wheat and oat supply chains by 2025. Read More →
Read MoreIts “Small Cap” fund scored an A rating — signifying no stock holdings in oil, gas and coal companies — from Fossil Free Funds, a website maintained by As You Sow, an environmental group. But its “Sustainable Emerging Markets” fund received a grade of D. Read More →
Read MoreGreen America, Americans for Financial Reform (AFR) and As You Sow delivered the signatures today to the SEC at its Washington, D.C., offices at 100 F Street NE. Signatures also were gathered by Public Citizen and Interfaith Center on Corporate Responsibility (ICCR). Read More →
Read MoreConrad MacKerron, senior vice president for As You Sow, told Waste Dive that with the announcement Starbucks has become "the biggest company to make a commitment of this type." As You Sow is not currently pushing any other companies on reusables, but is encouraging fast-food companies on "more preliminary steps," he said. Read More →
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