Kellanova, previously the Kellogg Company, released results today from its annual general meeting. Shareholders showed strong support for an As You Sow proposal calling on the company to disclose risks from pesticide use in its supply chain. Pesticides in agricultural supply chains have multiple cumulative environmental and social impacts that present a material risk to Kellanova.
Read MoreShareholder representative As You Sow today released its 2024 “Pay for Climate Performance: Linking CEO Compensation to Emissions Reduction” report, grading 100 of the largest U.S. companies on their CEO climate-related pay incentives and their ability to drive greenhouse gas emission reductions. The report finds that while pay incentives can be powerful motivators, they need to be quantifiable, significant, and linked to robust climate goals.
Read MoreExxonMobil Corporation recently released its 2024 proxy statement, which includes a United Church Funds shareholder proposal requesting that Exxon report on how a reduced demand for virgin plastic would impact the company’s financial position. The proponent designated As You Sow as its representative.
Read MoreToday, As You Sow and Proxy Impact released the As You Vote 2024 Proxy Voting Guidelines, a leading resource for investors who want to follow an ESG-aligned voting policy for long-term sustainable growth. As You Vote provides this ESG proxy voting policy for institutional investors through the Broadridge Proxy Edge platform, for individual investors through Iconik, and for mutual fund and ETF pass-thru with Tumelo.
Read MoreCitibank today released a climate report containing information on its energy and power clients’ climate transition progress. This information was provided in response to a shareholder proposal filed with Citi this year by As You Sow. The proposal asked Citi to disclose, for each of its sectors with a Net Zero-aligned 2030 target, the proportion of sector emissions attributable to clients that are not aligned with a credible Net Zero pathway and any actions it proposes for shortfalls.
Read MoreToday, researchers at the University of Waterloo, in partnership with As You Sow, released a new report finding that Google employees could have earned an estimated $1.15 billion in additional returns, with the financial performance of the company’s retirement plan holdings “estimated to have been higher if they had divested from the Energy Sector ten years ago on an absolute and risk adjusted basis.”
Read MoreToday, As You Sow, the Sustainable Investments Institute (Si2) and Proxy Impact released Proxy Preview 2024, a comprehensive review of more than 527 environmental, social and related governance (ESG) proposals submitted by shareholders. This 20th-anniversary edition confirms continued faith by shareholders in using proposals to highlight risks and opportunities for companies, despite political efforts targeting ESG more broadly and the rights of shareholders.
Read MoreToday, the Securities and Exchange Commission adopted its long-awaited Climate Disclosure Rule which requires disclosure of greenhouse gas (GHG) emissions, risk analysis, and other climate-related information from publicly registered companies.
Read MoreHormel Foods will cut packaging use by 10 million pounds by 2030, form a new industry working group to advance circular packaging policy and produce a report detailing opportunities for the company to take additional circularity action by later this year. In response, As You Sow agreed to withdraw its shareholder proposal with the company.
Read MoreAs You Sow and Corporate Knights today released their 11th update of the Carbon Clean200™, a list of 200 publicly traded companies worldwide leading the way among global peers to a clean energy present and future. These companies generated almost double the returns of the main fossil fuel index from July 1, 2016, to January 15, 2024, despite geopolitical tensions that have favored fossil fuel stocks in the past two years.
Read MoreShareholders will vote today on a proposal at Intuit asking for a report describing how the company is protecting employees from climate risk embedded in its retirement plan investment options. In a rapidly warming world, this proposal from shareholder representative As You Sow asks a critical question about how Intuit plans to protect its employees’ life savings from the economic consequences of climate change.
Read MoreTesla and General Motors shareholders are calling for a deep-sea mining commitment in two novel biodiversity proposals filed by As You Sow. Tesla and General Motors have yet to state their position on the issue in stark opposition to peers BMW, Volvo, Volkswagen, Rivian, and Renault. As world leaders and economic titans gather at Davos, biodiversity protection and the risks of deep-sea mining are topics of growing importance.
Read MoreAs You Sow filed a first-of-its-kind shareholder proposal on Friday asking U.S. tobacco giant Altria to assess and take responsibility for the collection and cleanup costs of trillions of discarded plastic cigarette filters. Used cigarette filters are the most littered form of plastic on the planet, with an estimated marine ecosystem and waste management cost of $26 billion per year.
Read MoreAT&T released a Political Congruency Report on Friday providing standard-setting disclosure on its political spending. AT&T committed to release this report as part of a withdrawal agreement with As You Sow on a shareholder resolution last April.
Read MoreAs You Sow today released “Capturing the Diversity Benefit: Workforce Diversity Linked to Financial Performance.” This comprehensive, landmark report reveals a statistically significant correlation between higher percentages of BIPOC (Black, Indigenous, and People of Color) management and increases in eight standard financial metrics. Key findings add meaningful insight to a growing body of evidence linking financial benefits to a diverse management team, making a clear business and investor case for diversity as a material factor in financial success.
Read MoreShareholders today will vote on proposals at Microsoft and Campbell's asking for a report describing how the companies are protecting employees from climate risk embedded in their retirement plan investment options. A
Read MoreToday, TIME named Danielle Fugere, As You Sow’s president and chief counsel, on the inaugural “TIME100 Climate” list, which recognizes the 100 most innovative leaders driving business climate action. With 30 years of experience spearheading innovative and effective climate strategies to positively influence corporate action, she joins an accomplished roster of climate leaders.
Read MoreAs You Sow today released its 10th “100 Most Overpaid CEOs” list linking excessive CEO Pay to corporate performance.
Read MoreAs You Sow released its third “Pesticides in the Pantry” report today, ranking 17 major food manufacturing companies on their progress in pesticide reduction and the adoption of regenerative agricultural practices.
Read MoreAs You Sow released its second annual Road to Zero Emissions Report today grading the largest 100 U.S. companies on their progress toward net zero. Compared to last year’s report, 66% of the companies improved their overall grade. However, many still lack value-chain (Scope 3) emissions disclosure and actions demonstrating progress in achieving the emissions reductions necessary to align with global 1.5°C goals.
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