As You Sow today released its sixth annual 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 financial fund managers to hold companies accountable for excessive compensation.
Read MoreAs You Sow and Corporate Knights today released their 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 MoreFollowing engagement with As You Sow, a fourth major petrochemical manufacturer, Westlake Chemical, one of the largest producers of low-density polyethylene, has agreed to start reporting on spills of pre-production plastic pellets, or nurdles, manufactured in its production plants.
Read MoreExxonMobil filed a motion this week to exclude from its proxy a climate-related shareholder resolution asking whether and how the company intends to align its business model with the goals of the Paris Climate Agreement.
Read MoreStarbucks Corp., the world’s largest coffeehouse company, has agreed to shift from single-use packaging to reusable packaging, conduct unprecedented research to promote customer behavior change, develop new global reusable container goals, and cut global packaging waste 50 percent by 2030, following months of constructive dialogue with As You Sow.
Read MoreShareholder representative As You Sow recently filed shareholder proposals at three of the largest U.S. gas and electric utilities — Dominion, Sempra Energy, and Southern Company — asking the companies to disclose the potential that their planned and existing natural gas infrastructure could become stranded as the energy market moves inexorably toward cleaner energy resources.
Read MoreShareholder advocacy non-profit As You Sow filed a shareholder resolution last Friday with BlackRock, asking for a report on how the company plans to fully implement the Business Roundtable (BRT) “Statement on the Purpose of a Corporation,” which was signed by Chairman and CEO Larry Fink in August 2019.
Read MoreShareholder advocate As You Sow, joined by the Church Commissioners for England and other investors, filed a shareholder proposal with ExxonMobil asking the company to respond to the urgent need to align its energy business with the Paris Climate Agreement. As You Sow filed a similar proposal joined by co-filers at Chevron.
Read MoreThe American Chemistry Council and Plastics Industry Association announced Thursday a new program to help manage and prevent the accidental release of plastic pellets into the environment.
Read MoreInvestors are gravely concerned over Facebook’s governance, which has allowed Russian bots to influence the 2016 U.S. elections, Myanmar military personnel to incite genocide, 45 million images of child pornography and torture to be released on the web, and hate speech, anti-immigrant violence, and purchasing of weapons to proliferate. Even Facebook’s employees are calling for change.
Read MoreChevron announced Tuesday it expects to write down the value of its assets between $10 billion and $11 billion this quarter.
Read MoreA New York judge today ruled that ExxonMobil was not guilty of misleading investors when it stated to investors that it used one cost of carbon in approving oil and gas projects, while using different and lower costs.
Read MoreRepsol announced Monday a historic commitment to become “a net zero emissions company by 2050.”
Read MoreA coalition of investors — Walden Asset Management, Presbyterian Church USA, and First Affirmative Financial Network — led by shareholder advocate As You Sow recently filed climate-focused resolutions with a large segment of the U.S. banking industry, including JPMorgan Chase & Co, Wells Fargo, Bank of America, Goldman Sachs, and Morgan Stanley.
Read MoreAmazon has taken an important step today by removing 14 skin-whitening products that contain toxic levels of mercury from its retail platform, thanks to a sustained pressure campaign from Minnesota public-health and environmental groups BeautyWell Project and Sierra Club.
Read MoreToday, As You Sow released its Pesticides in the Pantry: Transparency & Risk in Food Supply Chains report, examining the growing risk to food manufacturers posed by the use of synthetic pesticides in agricultural supply chains.
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