Wells Fargo and Goldman Sachs, two banks with major investment and loan portfolios in fossil fuel projects, filed motions to exclude from their proxies a climate related shareholder resolution.
Read MoreAt CERAWeek, Shell broke its tradition of avoiding government criticism to call on the Trump administration to tighten methane restrictions from oil and gas operations. Exxon also doubled down on its position that federal methane regulation has an important role to play in leveling the playing field and reducing environmental risks.
Read MoreProxy Preview 2019, released today by As You Sow, Sustainable Investments Institute (Si2), and Proxy Impact, offers a comprehensive look at nearly 400 shareholder resolutions filed on environmental, social, and sustainable governance (ESG) issues.
Read MoreAmazon recently announced its new emission reduction initiative, “Shipment Zero,” setting a goal to reduce the climate impact of its shipping and achieve net zero emissions for half its shipments by 2030, prompting the withdrawal of a related shareholder proposal.
Read MoreThe U.S. Securities and Exchange Commission (SEC) ruled Monday that Anadarko Petroleum Corporation cannot exclude a shareholder proposal filed by As You Sow. The proposal asks the company to issue a report describing if, and how, it plans to reduce its greenhouse gas emissions to align with the Paris Agreement’s goal of avoiding catastrophic climate change.
Read MoreToday, New York City Comptroller Scott Stringer launched a Net Zero Utility Decarbonization Initiative on behalf of an investor coalition representing $1.69 trillion in assets. The initiative calls on U.S. utilities to adopt particular recommendations in advance of their 2020 proxy statements.
Read MoreThe Trump administration announced Thursday that it had decided to scrap negotiations with California over the president’s plan to undo nationally agreed upon fuel efficiency standards for cars and light trucks. This announcement sets the stage for one of its most consequential climate-policy rollbacks.
Read MoreAs You Sow released today its “The 100 Most Overpaid CEOs: Are Fund Managers Asleep at the Wheel?” report, focusing on the nexus between overpaid CEOs of the S&P 500, and the failure of many pension and mutual funds to hold companies accountable for excessive compensation.
Read MoreAs You Sow and Corporate Knights released today its sixth update of the Carbon Clean 200™, a list of the 200 publicly traded companies that are leading the way among their global peers to a clean energy future.
Read MoreDominion announced today that it will reduce its operational methane emissions 50 percent by 2030 from a 2010 baseline.
Read MoreFollowing engagement with As You Sow, Denny’s has updated its Animal Welfare statement to include a policy disallowing the use of medically important antibiotics in its chicken supply chain, effective March 1.
Read MoreA 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 MoreKFC, part of Yum! Brands Inc., made two announcements today. One, commitmenting to eliminating non-recoverable or non-reusable plastic packaging by 2025. KFC also announced that it has fulfilled its April 2017 pledge to end the use of medically important antibiotics in its U.S. chicken supply.
Read MoreAs You Sow is challenging three of the world’s largest plastic resins manufacturers to disclose actions taken to prevent and remediate spills of pre-production plastic pellets into waterways during production or transport. Plastic pellets are estimated to be the second largest direct source of microplastic pollution to the ocean by weight.
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 MoreToday, McDonald’s became the first major fast food chain to establish a comprehensive policy to reduce the use of medically important antibiotics in its beef supply chain.
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