Clean200 Weathers Perfect Storm, Holds Own Against Surging Oil Prices, Tariff Wars

Today, As You Sow and Corporate Knights released its fifth update of the Carbon Clean 200™ (Clean200™), a list of the 200 largest publicly traded companies making significant revenue from clean energy. After a period of outperforming the S&P Global 1200 Energy Index (fossil fuel benchmark), a series of global events converged to leave the Clean200 behind the fossil fuel benchmark for only the second time since its inception two years ago. However, the Clean200 when excluding Chinese companies continued to outperform.

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PepsiCo Foundation Announces Recycling Challenge, But Commitment Unlikely to Move the Needle

PepsiCo Foundation announced this morning that it will provide $10 million in funding to jumpstart the “All In On Recycling” challenge to make it easier for 25 million families across the country to recycle bottles and cans.

The announcement comes eight years after the nonprofit corporate watchdog As You Sow agreed to withdraw a 2010 Pepsi shareholder proposal after the company promised to work with peers to increase the beverage container recycling rate to 50% by 2018. However…

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Investors Call on General Electric to Pull Out of New Coal Plant Proposed in Kenya

A group of 56 institutional and individual investors representing nearly $713 billion in AUM sent a letter to General Electric (GE) today calling on the company to reconsider its recent decision to acquire a 20% stake in Kenya’s proposed Lamu coal plant. Lamu is one of Kenya’s top tourist destinations and home to an UNESCO World Heritage Site. The proposed coal plant faces fierce opposition, both locally and internationally.

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Starbucks to Eliminate Plastic Straws Following Strong Investor Support for As You Sow Proposal

As You Sow is pleased to learn via news reports of Starbucks’ commitment to phase out plastic straws at all stores by 2020. A shareholder proposal filed by As You Sow in March, asking the company to phase out plastic straws, received the support of nearly 30% of shareholders, with shares worth $54 billion. In addition, environmental groups collected 1 million signatures on a petition asking for similar action, which was presented to company CEO Kevin Johnson.

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First of Its Kind Web Tool Lets You Know if You’re Funding Gun Violence and War

Weapon Free Funds, a new tool from non-profit groups As You Sow and CODEPINK, was released today to help individuals, communities, universities and others review their mutual fund investments for holdings in military contractors and gun manufacturers and retailers. Handguns, assault rifles, ammunition, cluster munitions, landmines and nuclear weapons are often embedded in commonly-held mutual funds and ETFs.

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More Than a Quarter of Shareholders Concerned General Motors Will Put the Brakes on Greenhouse Gas Reductions

Today, General Motors (GM) shareholders voted on a resolution filed by shareholder representative As You Sow urging the Company to report on how it will address the Trump administration’s proposed weakening of CAFE standards. 26% of GM’s shareholders asked the company for clarity on whether, and to what degree, the company will change its product plans and business strategy as a result of the announced weakening of standards.

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Shareholders Earn Strong Vote on Climate-Related Methane Proposal at Chevron Annual General Meeting

Approximately 45% of Chevron’s shareholders voted today in favor of a fugitive methane reduction resolution put forward by shareholder advocate As You Sow and co-filers. This proposal highlights Chevron as one of the top methane emitters, ranking 17 out of the highest 100 methane emitters from onshore production while also noting its failure to keep up with peers in reporting its methane reduction actions.

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