If you spend enough time around the environmental, social and governance (ESG) world, it is easy to be cynical when corporations make a big show of speaking out on social issues. Read More →
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Unilever scored highest out of the 50 large companies in a new report from the nonprofit As You Sow, but still only earned a grade of B–. PepsiCo, despite some experiments with packaging-free refill stations, earned a D+. Fifteen companies got failing grades, including Whole Foods, Tyson Foods, and Hershey’s. Read More →
MAKING THE GRADE — Corporate America has a long way to go to clean up its plastic problem, but there are some signs of progress in a new report out today from As You Sow, a shareholder advocacy group. Read More →
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Timed to the 2020 Annual General Meeting (AGM) season, shareholder advocacy non-profit As You Sow filed seven shareholder resolutions, on behalf of individual proponents, that specifically requested material disclosure compliant with environmental and social corporate reporting standards published by the Sustainability Accounting Standards Board (SASB). Read More →
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Earlier this week, shareholders of Restaurant Brands International (QSR), the parent company of Tim Horton’s, Popeye’s Louisiana Chicken and Burger King, cast their ballots on two shareholder proposals – one on worker rights, and the other on pollution. Read More →
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Andrew Behar, CEO of the shareholder advocacy group As You Sow, said we could be at a watershed moment that will ultimately force companies to begin disclosing more information. His group is among those pressuring companies to provide more transparency around issues including workforce composition, recruitment, retention, pay and promotion practices. He said that regulation could be next, including around CEO compensation, pointing to successful past campaigns by investors. Read More →
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Andrew Behar, CEO of As You Sow, says the group is maintaining a database of companies that have published public statements on Black Lives Matter and racial equality. Behar is interested in which companies follow through on their statements. Read More →
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For two straight years, shareholder advocacy organization As You Sow has listed Kotick has one of the top 100 “most overpaid” CEOs in the world, and in 2019, slapped him with the 45th spot. Read More →
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Last year, Activision CEO Bobby Kotick ranked among the "most overpaid" chief executives in the US, according to shareholder advocacy website As You Sow, which said that he earned more than $28.5 million in 2019. Read More →
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"We are learning things from COVID that are going to be applied to all of business," said Andrew Behar, CEO of As You Sow, a non-profit organization promoting environmental and social corporate responsibility through shareholder advocacy and coalitions. He predicts a shift toward more fact-based business decisions, whether they're addressing greenhouse gas emissions or income inequality. Read More →
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In a Nutshell: Fossil Free Funds is one of six mutual fund search tools offered by 501(c)3 nonprofit As You Sow. Investors can research thousands of mutual funds, fund managers, fund families, and other options to see where the companies embedded in their mutual funds stand on social, environmental, and governance issues. Read More →
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Shareholders are giving most companies an overwhelming thumbs up. But the scrutiny has helped curb some of the most egregious practices in recent years, such as companies paying the equivalent of CEOs’ income taxes, said Rosanna Landis Weaver, program manager of executive compensation at As You Sow, a shareholder advocacy group. Read More →
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Late last year, shareholder activist group As You Sow filed a resolution asking Southern to report on the risks of its natural gas assets becoming stranded as the world moves away from fossil fuels to address climate change. Read More →
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According to preliminary results, 46% of investors voted to support a shareholder resolution at Chevron and 25% voted to support a similar one at Exxon. Filed by shareholder advocacy group As You Sow, the resolutions call for Exxon and Chevron to report on the public health risks of expanding their petrochemical operations in areas increasingly prone to climate change-induced storms, flooding, and sea level rise. The same proposal received a majority 54.7% vote at Phillips 66 earlier this month. Read More →
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As You Sow, an environmental and corporate social responsibility advocacy group, wanted the lender to issue a report “outlining if and how it intends to reduce the greenhouse gas emissions associated with its lending activities in alignment” with global temperature goals established by the Paris Agreement. The Paris pact has called for maintaining global warming well below 2 degrees Celsius. Read More →
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In his presentation of the proposal, Andrew Behar, CEO of the non-profit organization As You Sow, which promotes investor action on sustainable practices at corporations, said: “We agree with the World Economic Forum, the Business Roundtable and BlackRock on the path forward. This requires an alignment of words and actions. Yet historically, BlackRock has voted for nearly every egregious CEO pay package and against nearly every climate resolution. This cognitive dissonance is troubling.” Read More →
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BlackRock Inc. shocked Wall Street in January when CEO Larry Fink announced that the wealth mammoth was overhauling its investment strategy and putting sustainability at its core. Read More →
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Corporations holding annual general meetings this month are well familiar with two particularly attentive shareholders: Andrew Behar and Danielle Fugere of As You Sow. Along with groups like CERES and the Interfaith Center for Corporate Responsibility, the Berkeley, Calif., nonprofit has taken the lead in engaging corporations on issues from carbon footprints to workforce treatment. Read More →
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ImpactAlpha, May 21 – Massive flooding in Midland, Michigan on Wednesday threatened to release chemicals from a Dow chemical complex, where products ranging from Saran Wrap to Agent Orange have been produced over years, and an adjacent Superfund site. It’s the kind of nightmare scenario that imperils public health as well as corporate value, and one that investor groups have been sounding the alarm on as global warming increases the frequency of severe weather events… “This should be a warning sign,” says Lila Holzman of As You Sow. Read More →
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In a clear signal of support for reforming the lending practices of the world's largest private bank to ensure a habitable future planet, 49.6% of shareholders voted in favor of a resolution that asked JPMorgan to craft a plan to better align its operations with the Paris climate agreement's goal of limiting global temperature rise to 1.5°C… The development was also celebrated by Danielle Fugere, president of the nonprofit shareholder advocacy group As You Sow. "Shareholders today sent the message that it is past time for Chase to catch up with its peers, implement a strategy to decarbonize and de-risk its lending portfolio, and help build a more secure future for all," she said. Read More →
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