Some 22% of DTE’s carbon footprint comes from its gas segment, notes Kelly Poole, climate and energy coordinator of As You Sow. Already, parts of Michigan are looking to diminish reliance on fossil fuels, which poses competitive risk and potential regulatory risk for DTE. For example, Ann Arbor plans to achieve carbon neutrality by 2030. As You Sow also notes that more than 100 municipalities in 12 states have policies promoting building electrification. Read More →
Last week, Andrew Behar, CEO of As You Sow, appeared in front of the House Judiciary Committee, where he defended responsible investing after the House Judiciary Committee subpoenaed the pro-corporate responsibility group. After the hearing, Behar appeared on Democracy Now where he made the case for responsible investing and why the committee members were wrong. Read More →
Republicans are on a “crusade” against responsible investing, says Andrew Behar, CEO of the nonprofit group As You Sow that promotes corporate responsibility through shareholder advocacy. His group was subpoenaed to testify before the House Judiciary Committee this week as Republicans probe whether investments that take into account environmental, social and governance (ESG) concerns violate antitrust laws. Read More →
Currently, many of these bonuses are shrouded in vague language, according to US-based nonprofit As You Sow, which focuses on investor issues ranging from climate change to gender inequalities. “We want to know that executives aren’t simply being rewarded, for instance, for climate metrics they’ve already met,” said Danielle Fugere, As You Sow’s president and chief counsel. Read More →
Kelly McBee, As You Sow’s circular economy manager, said she had “productive conversations” with Hormel, but she still wanted to see more support for laws that make companies financially responsible for the trash they produce (known as “extended producer responsibility,” or EPR, laws), as well as more investment in plastic collection and recycling infrastructure. Read More →
Politicians in Republican-controlled U.S. states have already launched 150 anti-ESG bills in 2024, which has had a chilling effect, according to Andrew Behar, chief executive of activist group As You Sow, which pressures companies, including the big U.S. banks, over ESG issues. Read More →
And that’s the big deal, says As You Sow CEO Andrew Behar, who co-authored the 2024 study. “In 2016, we created the Clean200 in response to investors saying, ‘If we divest fossil fuels, there is nothing to invest in.’” Eight years later, the message is clear: “Investors who are not tilting their portfolios toward a clean future do so at their own peril.” Read More →
Wade into ESG by first collecting the stock or fund symbols for the holdings in your retirement accounts and investment portfolios. Then, recommended Young, run those symbols through the Invest Your Values assessment tool at As You Sow, a nonprofit that provides consumer-friendly snapshots of ESG rankings and data. Read More →
‘Mining the deep sea for battery-related minerals will create irreversible habitat and ecosystem loss, with the risk of permanently destroying invaluable carbon storage,’ As You Sow states. ‘A commitment or clarification on deep-sea mining from Tesla and [GM] would signal to shareholders and the auto industry that they acknowledge the importance of careful action as vehicle electrification accelerates in the US and abroad.’ Read More →
“We’re putting that much money into a dirty carbon climate-harming type of energy…why?” said Danielle Fugere, President and Chief Counsel of As You Sow, which works with companies to advance clean energy and sustainability goals. Transitioning fossil fuel subsidies to the clean energy sector can be as easy as setting the national intention, she said. Read More →
Nonprofit As You Sow runs several databases geared toward helping everyday investors with an interest in ESG analyze mutual funds and ETFs using Morningstar data. One is Weapon Free Funds, which flags shares of arms makers in funds. Read More →
Energy, materials and real estate firms are not reaping the “diversity dividend” which links multiracial management to better profitability, a new study of companies across eight industry sectors from shareholder activist group As You Sow shows. Read More →
Danielle Fugere is president and chief counsel of As You Sow, one of America’s most prominent nonprofit shareholder advocacy groups. As You Sow nudges the largest U.S. public companies toward adopting the green practices their investors want to see. Read More →
Always spoiling for new ways to kneecap their formidable foe, ESG investing, a group of congressional Republicans this week widened their attack. The GOP-controlled House Judiciary Committee has subpoenaed documents from a prolific pro-climate investor advocacy group, As You Sow. The advocacy group posted a long, threatening letter it received on Wednesday from committee chair Jim Jordan. Read More →
"If a fund says it will avoid fossil fuel producers, many investors may not be pleased if those stocks show up in the portfolio," says Andrew Montes, director of digital strategies at As You Sow, a nonprofit shareholder advocacy group that grades ESG funds on their sustainable practices. Read More →
Danielle Fugere, president and chief counsel of the environmental advocacy group As You Sow, argued that California's enactment of Senate Bill 253 will "shore up" the SEC's draft proposal. "There's been a lot of discussion around whether Scope 3 requirements will be removed from the SEC's proposal," Fugere said, adding that she is hopeful that the California measure "will help the SEC stand firm." Read More →
Olivia Knight, As You Sow’s racial-justice initiative manager, says the next year will be pivotal in seeing whether companies continue to shrink away from their DEI pledges—what some have dubbed “diversity ditching”—or whether the trend has peaked. “We’ll know more about who is staying true to their promises and who is throwing them out the window,” she says. Read More →
“You get the feeling when you read the proxy statements that these executives are trying to squeeze as much personal wealth from the company as they can,” says Rosanna Landis Weaver of shareholder advocacy group As You Sow. Read More →
For example, proposals that focused on cutting emissions across a company’s supply chain found a warmer reception than those that set specific deadlines for companies to phase out of fossil fuel projects, the report states. (Andrew Behar, CEO of leading shareholder activist group As You Sow, has also acknowledged that “tougher” proposals were a hard sell this year.) Read More →
Andrew Behar, chief executive of As You Sow, agrees. Writing in a blog post, he said: “While political efforts to roll back the clock are under way, they will crumble against the wall of economic reality (that) investors and companies deal with every day.” He added that there were already signs that this is happening. Read More →
"In terms of accelerating climate change, a key impact of continuing to invest in high-carbon industries [or] greenhouse gas emissions is signaling to markets and governments that it's okay to continue with business as usual," said Andrew Behar, CEO of As You Sow. Read More →
Barron’s cited Rosanna Landis Weaver, a program manager at shareholder advocacy group As You Sow, who claims that companies will sometimes set ESG bonus targets for "dealing with low-hanging fruit." "Everybody should be having these town halls, this isn’t what we should be paying extra for," she told the Barron’s. Read More →
David Shugar, manager of the Say on Climate initiative, on the crucial role shareholders can play. Shareholder engagement tools include active dialogue, filing of shareholder resolutions where necessary, voting on resolutions and even escalation to the board level where companies remain non-responsive. Read More →
For instance, companies including Ford (F.N) and eBay (EBAY.O) agreed to report more workforce details such as recruiting and retention rates in deals that led shareholder activist group As You Sow to withdraw resolutions before they were voted, said its CEO Andrew Behar. Read More →
In this episode we speak with Andrew Behar, the CEO of As You Sow, the United States’ leading non-profit practitioner of shareholder advocacy and engagement. We talk about how As You Sow engages with boards and management teams on issues like climate change; toxins in the food system; ocean plastics; diversity, equity, and inclusion; racial justice; and wage equity. Read More →
Companies sometimes set ESG bonus targets for “dealing with low-hanging fruit,” says Rosanna Landis Weaver, a program manager at shareholder advocacy group As You Sow, which pushes for stricter criteria. Read More →
What is shareholder engagement, and how can it actually influence investments? How does shareholder power differ between Europe and America in terms of shareholder proposals? What are the regulatory variations that contribute to this difference? Listen to the conversation between: Andrew Behar, CEO and founder of As You Sow and Hege Marie Norheim, EVP Corporate Public Affairs and Sustainability, FREYR Read More →
“Compensation for these CEOs never goes down in bad times as much as it goes up in good times,” says Rosanna Landis Weaver of shareholder advocacy group As You Sow. “When things are going well, boards always say, ‘Oh, my God, they’re all geniuses,’ and when things go bad it’s always blamed on external factors and not the person in charge.”. Read More →
Companies that received failing grades included no tie between CEO pay and greenhouse gas emissions reductions. Others didn’t provide enough of an incentive to be meaningful, authors said. “A de minimis thing isn’t useful,” said Rosanna Landis Weaver, As You Sow’s director of wage justice and executive pay. “Our point, in general, is it’s important to do this right.” Read More →
“Employees are unknowingly lending their money to expand fossil fuel operations,” said Andrew Montes director of digital strategies at As You Sow. While bonds are generally thought of as less risky from an investment returns point of view, the global warming associated with lending to oil and gas businesses increases the risk that retirees will be living a world more impacted by climate change, he said. Read More →