Today, Old Dominion Freight Line Inc., one of the largest North American trucking companies operating in 48 states, faces a shareholder vote on an Amalgamated Bank and As You Sow proposal calling for Old Dominion to adopt interim and long-term greenhouse gas reduction (GHG) targets to reach Net Zero emissions by 2050. The transportation sector plays a pivotal role in reaching the Paris Agreement’s goal as it is the highest emitting sector in the United States, with 24% of these emissions from ground freight transportation.
Read MoreExxonMobil Corporation recently released its 2024 proxy statement, which includes a United Church Funds shareholder proposal requesting that Exxon report on how a reduced demand for virgin plastic would impact the company’s financial position. The proponent designated As You Sow as its representative.
Read MoreCitibank today released a climate report containing information on its energy and power clients’ climate transition progress. This information was provided in response to a shareholder proposal filed with Citi this year by As You Sow. The proposal asked Citi to disclose, for each of its sectors with a Net Zero-aligned 2030 target, the proportion of sector emissions attributable to clients that are not aligned with a credible Net Zero pathway and any actions it proposes for shortfalls.
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