PRESS RELEASES

The California State Legislature passed SB 253 yesterday, which would require Scope 1, 2, and 3 emissions disclosures from all companies operating in California with more than $1 billion in revenue. SB 253 now heads to the Governor for signature. 

Today, 18% of ExxonMobil and Chevron’s shareholders voted in favor of resolutions calling on the companies to begin accurately disclosing the role of asset transfers in their reported greenhouse gas emissions reductions.

At the May 31 annual shareholder meetings of ExxonMobil and Chevron, the two largest American oil and gas companies, shareholders will vote on a resolution asking each company to begin accurately disclosing the role of asset transfers in their reported greenhouse gas emissions reductions.

Today at the annual general meeting of power and gas utility Southern Company announced that 20% of investors voted in favor of a shareholder resolution filed by As You Sow, based on a preliminary vote count.

Chubb Insurance released proxy voting results showing that nearly 30% of shareholders voted in favor of a climate-related resolution filed by As You Sow asking the insurer to report on how it intends to align its underwriting and investment activities with global greenhouse gas reduction goals.

Today, JPMorgan Chase released final vote results for a first-time shareholder resolution filed by investor representative As You Sow, asking the company to provide an actionable climate transition plan outlining how it will achieve its 2030 net zero greenhouse gas emission reduction goals.

Following As You Sow’s and Amalgamated Bank’s 2022 management-supported shareholder proposal on net zero target setting, Caterpillar Inc. has released its first annual “Taskforce on Climate-related Financial Disclosures Report” report and an estimate of the company’s Scope 3 greenhouse gas emissions.

Shareholders voted on As You Sow climate transition planning resolutions at major defense contractors Lockheed Martin and Raytheon.

Tuesday at the annual general meeting of Public Storage investors voted on a shareholder resolution filed by Amalgamated Bank with support from shareholder representative As You Sow.

Today, Wells Fargo released final vote results for a first-time shareholder resolution filed by investor representative As You Sow, asking the company to provide an actionable climate transition plan outlining how it will achieve its 2030 net zero greenhouse gas emission reduction goals.