The Climate Action 100+ (CA100+), an initiative comprised of more than 540 global investors managing $52 trillion in assets under management, released its 2020 Progress Report Thursday showing that many high-emitting companies remain unaligned with the goals of the Paris Agreement.
Read MoreShareholder representative As You Sow filed shareholder proposals at four of the largest U.S. gas and electric utilities, Dominion Energy, DTE Energy, Duke Energy, and Southern Company, raising concerns about the companies’ continued investments in natural gas. Shareholders are concerned that these utilities are claiming “Paris-alignment” while remaining on a path toward stranded asset risk.
Read MoreFollowing engagement with As You Sow, a sixth major petrochemical manufacturer, Eastman Chemical, agreed to start reporting on spills of pre-production plastic pellets, or nurdles, manufactured in its production plants, following the filing of a shareholder proposal.
Read MoreShareholder representative As You Sow recently filed resolutions at two of the largest integrated fossil fuel companies in the U.S. — Exxon Mobil and Dow Inc. — asking the companies to address the growing risks associated with investments in plastic and petrochemical infrastructure.
Read MoreShareholder advocate As You Sow — joined by several investors including Mercy Investment Services, Arjuna Capital, Boston Trust Walden, Presbyterian Church USA, and Boston Common Asset Management, among others — recently filed climate-focused resolutions with a large segment of the U.S. banking industry, including JPMorgan Chase, Wells Fargo, Bank of America, Goldman Sachs, and Citigroup.
Read MoreRepublic Services Inc. has issued a report describing its plastic collection and recycling activities, and highlighting actions needed to increase plastics recycling in the U.S. Following the filing of a shareholder proposal by As You Sow and engagement earlier this year, the company agreed to publish the report.
Read MoreShareholder representative As You Sow, joined by Calvert and Illinois State Treasurer’s Office, today filed a shareholder proposal at Sempra Energy asking the California-based utility to describe the alignment (or lack thereof) of its lobbying activities with the Paris Agreement’s goal of limiting temperature rise to 1.5 degrees.
Read MoreToday, the Partnership for Carbon Accounting Financials (PCAF) launched its methodology enabling banks to measure and disclose the emissions associated with their financed activities.
Read MoreAs You Sow today released two scorecards on the 250 largest companies in the S&P on their racial justice policies/practices and workplace equity disclosures
Read MoreChevron Phillips Chemical Company (CPChem), owned jointly by Phillips 66 and Chevron, released its “Managing Climate Change Risks” report Thursday, describing how the company is addressing growing threats from climate change-induced storms, flooding, and sea level rise.
Read MoreThe Massachusetts Department of Public Utilities (DPU) Thursday announced it is opening an official investigation into the role of gas utilities in consideration of the state’s climate goals.
Read MoreAs You Sow today released its “2020 Shareholder Impact Review: Changing Corporations for Good” report. The report summarizes As You Sow’s 131 corporate engagements with 111 companies across 10 program areas in the 2020 proxy season.
Read MoreAs You Sow today released its “Smoke & Mirrors: Healthcare Companies Are Addicted to Tobacco” report showing the majority of retirement funds, including those offered by healthcare companies, contain tobacco investments.
Read MoreGeneral Electric (GE) announced today it is setting a goal to achieve carbon neutrality for its facilities and operational greenhouse emissions by 2030.
Read MoreToday, Procter & Gamble shareholders sent a resounding message with a 37% vote supporting an As You Sow shareholder resolution calling for diversity disclosure
Read MoreThe Trump administration’s U.S. Securities and Exchange Commission today voted to reduce shareholders’ right to raise material issues of concern to be voted on at corporate annual meetings.
Read MoreSouthern Company released its Implementation and Action Towards Net Zero report on Monday, describing its plan to achieve net-zero emissions by 2050.
Read MoreGeneral Electric today announced an intent to exit the new build coal power market. The company, while gaining increasing positive attention for developments in wind turbines and other renewable technologies, has been criticized for continuing to promote high-carbon projects globally.
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