A shareholder resolution filed at Atmos Energy Corporation by corporate responsibility group As You Sow received strong support from close to 35% of Atmos’ shareholders. The resolution asks Atmos to monitor and minimize its methane emissions.
Read MoreBP announced today that it will support a resolution from investors of the Climate Action 100+ initiative asking the company to broaden its corporate reporting to describe how its strategy is consistent with the goals of the Paris Agreement. The energy giant said the BP board has decided to support the proposed resolution, which will be put to shareholders at the company’s annual general meeting in May 2019.
Read MoreShareholders As You Sow and Arjuna Capital have filed ground-breaking shareholder resolutions with Chevron Corporation asking it to align its operations with the Paris agreement and adopt greenhouse gas emission reduction targets to ensure progress in reducing the full range of its emissions.
Read MoreXcel took an important step Tuesday to act on the dire problem of climate change, announcing that it will reduce its carbon emissions 100% by 2050, with an interim target of 80% by 2030.
Read MoreShell took an important step today to act on the dire problem of climate change, announcing that it will begin implementing its long-term emissions reduction “ambition” by adopting a commitment to set three- to five-year, near-term Net Carbon Footprint targets.
Read MoreA group of 35 institutional investors representing nearly $41.2 billion in AUM sent a letter to Duke Energy Monday calling on the company to initiate an independent investigation to determine the extent of possible contamination from recent breaches of the company’s coal ash ponds during Hurricane Florence.
Read MoreShareholder advocacy organization As You Sow filed a resolution Wednesday requesting that Wells Fargo adopt a policy to reduce its climate change contribution by aligning its loans and investments with the Paris goals of maintaining global temperature increases below 1.5 degrees Celsius.
Read MoreShareholder advocacy group As You Sow testified Wednesday at the sole public hearing of the U.S. Environmental Protection Agency (EPA) on its proposed rollback of the New Source Performance Standards regarding methane emissions from the oil and gas sector.
Read MoreFollowing 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 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.
Read MoreNext 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…
Read MoreToday, 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 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.
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