Monster Beverage Corporation — A Case Study in Shifting from Laggard to Leader on Slavery in Supply Chain

This week’s Monster Beverage Corporation (“Monster”) annual meeting will not see a repeat of last year’s shareholder resolution on slavery in the supply chain. Why? Because Monster responded to the As You Sow shareholder resolution that earned 20 percent in 2018 by expanding its disclosure and making commitments to become a leader on this critical issue.

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As You Sow
Shareholders Strongly Support Climate Resolutions at Exxon and Chevron Annual Meetings

Today, 33% of investors at Chevron Corporation’s annual meeting voted in support of a shareholder resolution asking the company to report on how it plans to reduce its full range of greenhouse gas emissions and transition its business model to align with a decarbonizing energy market. Also today, at Exxon’s annual meeting, 25% of investors voted in support of a shareholder resolution asking the company to issue a report assessing the public health risks of expanding petrochemical operations in areas increasingly prone to climate change-induced storms, flooding, and sea level rise.

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As You Sow
Shareholders Press ExxonMobil and DowDuPont on Climate Resiliency Risks; Petrochemical Giants Double Down on Operations in Flood Zones

Shareholder proposals brought by As You Sow will challenge two of the world’s largest oil and chemical producers, ExxonMobil and DowDuPont at annual meetings on May 29 and June 25, respectively, to issue a report assessing the public health risks of expanding their petrochemical operations and investments in areas increasingly prone to climate change-induced storms, flooding, and sea level rise, and the risks such operations pose to public health.

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As You Sow