Today, the Trump administration announced its proposed “Affordable Clean Energy” rule to replace Obama’s Clean Power Plan. Lila Holzman, energy program manager of As You Sow, made the following statement: “Investors are deeply disappointed by this most recent attempt of the Trump administration to prop up the failing coal industry…
Read More
Today, the Trump administration announced its plan to roll back nationally agreed upon fuel economy standards, including plans to eliminate California’s authority to set its own automotive emissions rules.
Danielle Fugere, president of As You Sow, made the following statement:
Read MorePepsiCo 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…
Read MoreA 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.
Read MoreShareholder advocate As You Sow today released a report outlining how natural gas providers can reduce methane emissions from their distribution systems, an often overlooked segment of the natural gas supply chain. The End of the Line focuses on natural gas suppliers that commonly contribute to methane leaks, but are rarely held accountable.
Read More
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.
Read MoreA shareholder resolution filed at Kroger by corporate responsibility group As You Sow, received strong support from approximately 31% of Kroger’s shareholders. The resolution highlights the need for Kroger to responsibly manage its carbon emissions by increasing its renewable energy adoption.
Read MoreWeapon 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.
Read MoreToday, 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.
Read MoreMonster Beverage shareholders voted in strong numbers on an As You Sow resolution asking the company to address the lack of transparency regarding slavery and human trafficking in its supply chain. A preliminary count of 20% of shareholders voted for the proposal asking the company for transparency and disclosure on this critical human rights issue.
Read MoreApproximately 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.
Read MoreInvestors at Chevron Corporation’s annual meeting will vote today on a shareholder resolution put forward by As You Sow and Arjuna Capital. The resolution asks Chevron to report to shareholders on how the company plans to transition its business model to successfully align with a decarbonizing energy market, while also taking a role in helping to limit the planet’s warming to under two degrees Celsius.
Read MoreAs 2018’s annual general meetings press on, attention this week turns to Chevron. Among the shareholder resolutions awaiting a vote on the proxy are two from shareholder advocacy organization As You Sow.
Read MoreExxonMobil today announced an intent to reduce methane emissions by 15% by 2020 and undertake other greenhouse gas reduction measures at refining and chemical manufacturing operations focused on efficiency improvements. This announcement follows a successful shareholder vote of nearly 40% on As You Sow’s 2017 methane resolution with ExxonMobil asking the company to detail plans to curtail its methane emissions.
Read MoreNearly a third of food and beverage giant Mondelez International’s shareholders supported a proposal by As You Sow presented at its annual meeting yesterday asking the company to set a time table to phase out non-recyclable plastic packaging, signaling strong concern that Mondelez is introducing liability to its brand through slow action toward recyclability.
Read More
Today, a majority of Anadarko shareholders voted in favor of an As You Sow proposal asking the Company to assess the risks to its portfolio of scenarios consistent with limiting global warming to 2 degrees Celsius or below, as defined in the Paris Agreement. Shareholders have signaled a need to understand how Anadarko will retain its value in an increasingly low carbon energy market.
Read MoreFord Motor Company’s shareholders delivered a strong message to the Company, today, with 24% voting for clarity on the Company’s near term actions on fuel economy. Danielle Fugere, president of As You Sow, had this to say:
Read MoreShareholders will add their voices to the growing national concern about sharply weakened fuel economy standards at Ford Motor Company’s annual meeting tomorrow.
Read More“We commend Dominion for listening to its stakeholders and continuing to improve the company’s methane management and reporting,” said Lila Holzman, Energy Program Manager at As You Sow. “This enhanced disclosure is an important step that must now be followed by intentional target setting to ensure future methane reductions.”
Read More