Today, the Steering Committee of Climate Action 100+ (CA100+), an initiative comprised of more than 450 global investors managing more than $40 trillion in assets under management, gave notice to high-emitting companies that they will soon be publicly evaluated on how they are (or are not) transitioning their business strategies and operations in alignment with the goals of the Paris Agreement and a net-zero emissions future.
Read MoreWaste Management Inc. has issued a “Report on Recycling” as the result of a dialogue earlier this year on boosting U.S. plastic recycling rates. China’s 2018 ban on plastic waste imports exposed the fragility of parts of the U.S. recycling collection and processing system.
Read MoreHurricane Laura made landfall early Thursday near the Texas-Louisiana border in the heartland of American oil refining and petrochemical production.
Read MoreThe Kroger Co. announced this week new sustainable packaging goals that fail to acknowledge the urgency of the plastic pollution crisis, and lag competitor commitments.
Read MoreThe Trump administration is expected to announce this week a rule to eliminate the regulation of methane from oil and gas production, allowing rampant increases in this climate-forcing greenhouse gas. The announcement comes after years of opposition to the rollback from both investors and industry.
Read MoreAs You Sow released today its seventh Invest Your Values mutual fund and ETF educational tool. Prison Free Funds is the latest issue area to join the free, online platform that enables individual and institutional investors to know what they own.
Read MoreCiti and Bank of America announced Wednesday they will join the Partnership for Carbon Accounting Financials, a global framework for financial institutions to measure and disclose the emissions from their lending and investment portfolios.
Read MoreThis week, Walmart, Target, CVS Health, Kroger, and Walgreens announced a Beyond the Bag Initiative, a three-year project to “reinvent single-use plastic bags” by identifying design solutions for new systems to replace the function of the current retail plastic bag.
Read MoreToday, Morgan Stanley announced it will become the “first U.S.-based global bank to join the Partnership for Carbon Accounting Financials (PCAF) and its Steering Committee as part of the firm’s commitment to measuring and disclosing its approach to climate change risk and opportunity.”
Read MoreDuke Energy and Dominion Energy, two of the nation’s largest utility companies, announced Sunday the cancelation of the Atlantic Coast Pipeline, a 600-mile natural gas pipeline that would have crossed West Virginia, Virginia, and North Carolina, and under the Appalachian Trail.
Read MoreOn Juneteenth, investors made it clear that diversity matters. The Nia Impact Capital shareholder resolution received a preliminary vote of 70% investor support at Fortinet general annual meeting, requesting the release of quantitative diversity data.
Read MoreToday, As You Sow released its Waste and Opportunity 2020: Searching for Corporate Leadership report analyzing the actions, or inactions, of 50 of the largest U.S. consumer-facing companies to reduce plastic pollution.
Read MoreAs You Sow is devastated by the police brutality that cut short George Floyd’s life, and the systemic racism in our society that led to it. George Floyd’s murder is one more in a long list of violent acts and brutality against Black Americans that exposes deep, pervasive, and toxic racism.
Read MoreToday, at the annual meetings of two fossil fuel majors, 46% of investors voted to support a shareholder resolution at Chevron and 25% at Exxon, according to preliminary results announced at the meeting.
Read MoreToday at Southern Company’s annual general meeting, management announced a new climate target to achieve net-zero emissions by 2050. This improves upon its previously vague target of “low to no emissions” by 2050.
Read MoreAt the BlackRock annual general meeting today, shareholders asked the world’s largest asset manager for a plan on how they are planning to implement the Business Roundtable’s “New Statement on the Purpose of a Corporation.”
Read MoreShareholder’s today sent a strong message of concern to JPMorgan Chase about its outsize support of fossil fuels in the face of catastrophic climate risk.
Read MoreFifty-four percent of investors voted to pass a shareholder resolution at the Phillips 66’s annual meeting this week asking the company to report on the public health risks of expanding petrochemical operations in areas increasingly prone to climate change-induced storms, flooding, and sea level rise.
Read MoreThis week, As You Sow received historically high majority votes on shareholder resolutions filed with Fastenal (61 percent) and Genuine Parts (79 percent). Both resolutions asked the companies’ board of directors to issue a report to shareholders describing the policies, performance, and improvement targets related to material human capital risks and opportunities.
Read MoreFollowing engagement with As You Sow, Republic Services Inc. has committed to publish a report on how the company can improve efforts to increase plastics recovery and recycling to address environmental problems caused by plastic pollution.
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