The "almost non-existent bidding for oil and gas leases in the Arctic National Wildlife Refuge were not surprising. It confirms what we already know to be true: the era of drilling for oil at any cost is over," says Danielle Fugere, president of As You Sow, an environmental non-profit. Read More →
Read MoreExxon said it made the disclosure due to investor interest. “They’re seeking dollars against companies that are disclosing Scope 3,” said Danielle Fugere, president of As You Sow, a non-profit shareholder activist group. “I don’t think they have any choice.” Read More →
Read MoreAs You Sow, which focuses on corporate environmental and social responsibility, told CQ Roll Call that a shareholder proposal submitted to railroad company Union Pacific Corp. seeking the “say-on-climate” vote is the first of many the group plans to put forward for consideration in 2021. The group says it’s also working on a petition to regulators to mandate these votes. Read More →
Read MoreAs You Sow has targeted BlackRock at its own annual meeting in the past for its failure to support more resolutions. Andrew Behar delivered a speech from the floor of the BlackRock meeting last year pointing to what he sees as a disconnect between BlackRock’s words and actions, for “using its big stick like a wet noodle” Behar says, and that means he remains skeptical until he sees the results from the upcoming annual meeting season. Read More →
Read MoreShareholder advocate As You Sow and a group of asset managers recently filed climate-focused resolutions with a large segment of the U.S. banking industry, including JPMorgan ChaseJPM, Wells FargoWFC, Bank of AmericaBAC, Goldman SachsGS and CitigroupC. Read More →
Read MoreAs pressure builds to find a solution to the current status quo around plastics management, the recycling industry is increasingly being asked how it will play a part. This report, and another previously released by Waste Management, were the result of shareholder resolutions led by As You Sow. Read More →
Read MoreBelieving it is vital to translate vocal support for racial justice into actions, the non-profit shareholder advocacy group As You Sow released corporate scorecards using data across two categories of inclusion: racial justice and workplace equity. Read More ->
Read MoreA lot of retail investors who want to divest from fossil fuels don’t know what’s in their 401(k) plans. Many of them are unaware they have big oil companies, coal-fired utilities or oil-field services in their portfolios,” says Andrew Behar, chief executive of As You Sow, a nonprofit that works to promote corporate social responsibility. Read More →
Read MoreAn effective incentive needs to be something measurable, and it needs to be tied to something the recipient of the incentive can actually control, according to Rosanna Landis Weaver, executive compensation program manager for As You Sow. With respect to utility decarbonization, she said she also looks for incentives that reward actions beyond business as usual. Otherwise, Weaver said, the incentive only serves to inflate CEO compensation without producing meaningful change. Read More →
Read MoreIndeed, while organizations such as shareholder advocacy group As You Sow heralded GE's announcement as one that "signaled meaningful change to its business by moving away from high-carbon technologies like coal," GE framed the decision as one of market necessity. Read More →
Read MoreLila Holzman, energy program manager with As You Sow, which works with shareholders and businesses on corporate responsibility plans, said her group encourages companies to set big goals that align with the targets scientists have determined are necessary to avoid the most catastrophic impacts of global warming while also charting out more feasible shorter-term steps that get them started on the right path. Read More →
Read MoreDanielle Fugere, president of As You Sow, noted that the SEC vote “comes at a time when shareholders are appropriately acknowledging — and asking their companies to address — a wide range of social and environmental issues that have the potential to harm our environment, economy, and companies’ value. Read More →
Read More“The SEC’s rule demonstrates a failure to comprehend that [Environmental, Social and Governance] issues, including climate change, increasingly have material impacts on company value,” said Andrew Behar of As You Sow, a nonprofit, ESG-issue expert that often represents shareholders on a range of material issues. 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 →
Read MoreActivist investor groups, like As You Sow, have made great strides in recent years in convincing oil and gas companies to reduce their carbon footprints, Lila Holzman, energy program manager of the “green” shareholder advocacy organization, said in an interview. Read More →
Read MoreThis release follows a shareholder resolution from Trillium Asset Management and As You Sow earlier this year that sought new data on the plastics recycling systems and relevant policies of the nation's largest residential recycler. Read More →
Read More“Are they building things that will withstand 500-year storms that occur every year?” asked Danielle Fugere, president and chief counsel of As You Sow. Read More →
Read MoreExxon has been betting on a continued future for oil and gas, and it has struggled since the coronavirus pandemic slashed oil prices, said Danielle Fugere, president of the activist investor group As You Sow. Read More →
Read MoreAndy Behar, CEO of As You Sow, says that Eugene Scalia’s three most recent DOL rulemakings suggest a personal vendetta. Read More →
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