As Labor reviews ESG rule, study says many 401(k)s don’t reflect sustainability pledges

"Most employees across the nation are unaware their retirement plan investments are profiting from environmentally and socially risky companies," As You Sow said in the report. "The financial risks include stranded assets, reputational risk, and other negative impacts of unsustainable business practices that can destroy shareholder value." Read More →

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GE Sets 2050 Goal of Zero Emissions From Jet Engines, Gas Power

The new objective comes after GE investors in May overwhelmingly backed a shareholder proposal pushing the company to say whether it planned to reach net-zero by 2050. As You Sow, the shareholder advocacy group behind the push, also pushed the company to include emissions from the use of its products and its supply chain in its net zero goal, saying the company had been slow to address this category, undoubtedly the largest associated with the company. Read More →

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A response to ‘Four strategies for effective engagement’: Why the nature of investor-corporate discussion is key for successful outcomes

What the companies and large money managers did not mention is the entire ‘shareholder advocacy’ community of professionals. This includes faith-based, impact, and socially responsible investors, as well as non-profit shareholder advocates like As You Sow, the organisation of which I am CEO. Read More →

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Corporations Pressed to Adapt to Climate Change Threat

Danielle Fugere is the president of the group As You Sow, which focuses on shareholder activism. She said it's a market reality that the world is taking climate change seriously. She said she thinks businesses should join the movement, instead of putting up a fight. "Because as climate change occurs, it impacts every company globally," said Fugere. "It makes it much more difficult to maintain business." Read More →

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Retail investors are finally poised to take on stratospheric CEO pay

“We are in the midst of a major transformation,” said Andrew Behar, CEO of As You Sow, a nonprofit focused on shareholder advocacy. While these votes are typically non-binding, boards could face a no-confidence vote from governance groups if they ignore them. “Investors who have traditionally abdicated their power have begun to use their power,” Behar said. Read More →

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A Glimpse of a Future With True Shareholder Democracy

“The big fund companies have a massive aggregation of power that comes from the investments of their shareholders,” said Andrew Behar, chief executive of As You Sow. “At the very least, the fund companies shouldn’t be allowed to vote if they have conflicts of interest.” Read More →

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DuPont Investors Vote in Favor of Plastic Pollution Transparency

The newly-passed proposal is one such step. Plastic pellets are the raw components of almost all plastic products, As You Sow explained in its release. These petrochemical building blocks are estimated to be the second-largest source of microplastics in the ocean by weight. It is believed that about 10 trillion of them are spilled into the environment every year. Read More →

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After railroad vote, climate resolutions pick up steam

"Given the growing consensus on the material risks related to the climate crisis, investors seek assurance that company lobbying activities support, and do not block, policy solutions designed to help markets decarbonize," Lila Holzman, an energy expert at the shareholder advocacy group As You Sow, said in an email. "It is no surprise that shareholder resolutions on this topic are seeing record high votes this year, and we absolutely expect this trend to continue." Read More →

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