Following engagement with As You Sow and a strong shareholder vote earlier this year, food and beverage giant Mondelez International committed Tuesday to making all of its packaging recyclable by 2025.
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Following an investor proposal filed at DTE Energy by shareholder advocate As You Sow, the company announced a new time-bound pledge to reduce methane emissions from its natural gas utility operations by 80% by 2040.
Read MoreA pesticide-related shareholder resolution filed with General Mills, by corporate responsibility group As You Sow, received a vote of support from approximately 31% of investors at the company’s annual general meeting in Minneapolis, Minnesota, Tuesday.
Read MoreThe Trump administration plan to weaken existing methane regulations, easing requirements for the oil and gas industry. The U.S. Environmental Protection Agency’s proposal would reduce the frequency of monitoring methane emissions from gas and oil wells, increasing the risk of methane releases.
Read MoreStrategic review looks at impact of seven years of resolutions on moving oil & gas on climate change and investor underperformance due to holding the sector. Today’s release of “2020: A Clear Vision for Paris Compliant Shareholder Engagement” lays out a clear plan for shareholders to move oil & gas companies to transition to 2 degree-compliant business models.
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Next week all eyes will be on California during the Global Climate Action Summit and PRI in Person in San Francisco. As global leaders from the public and private sector gather to push for bold action on climate change, As You Sow is focused on
Read MoreToday, 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.
Read MoreToday, 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…
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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.
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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.
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