As You Sow, a nonprofit that pushes for corporate accountability through shareholder action, is cautiously optimistic. “You can add new people to the board, but if the company stays on business as usual, then we haven’t solved anything,” says CEO Andrew Behar. Read More →
Read More“The prison-industrial complex has kind of crept into our economy and has become part and parcel of the economy,” says Andy Behar, CEO of As You Sow, the nonprofit that built the new platform, the seventh in a series of tools for investors. “And so people don’t realize what’s inside their 401(k) plan. Read More →
Read More“I think what this reflects is really a responsible assessment of where the world is going in terms of energy demand, where the opportunity for growth exists, and demonstrates that the company wants to remain an energy company, as opposed to an oil and gas company,” says Danielle Fugere, president and chief counsel of As You Sow, a nonprofit that focuses on environmental change through shareholder advocacy. Read More →
Read MoreUnilever scored highest out of the 50 large companies in a new report from the nonprofit As You Sow, but still only earned a grade of B–. PepsiCo, despite some experiments with packaging-free refill stations, earned a D+. Fifteen companies got failing grades, including Whole Foods, Tyson Foods, and Hershey’s. Read More →
In the report, “The 100 Most Overpaid CEOs,” the nonprofit As You Sow lists the most egregious examples. The CEO compensation and average employee compensation come from data that corporations now have to disclose to the SEC and are based on data from the most recent fiscal year. The “overpayment” calculation is based on a statistical regression model from the investment services company HIP Investor that looks at what CEOs should have made based on longer-term company performance. Read More →
Read MoreWhen the Trump administration announced its plans to roll back regulations that cut methane pollution—a greenhouse gas more potent than CO2—from oil and gas companies, even some oil and gas companies said that they didn’t want that to happen.
Read MoreAt BP’s annual meeting today, investors holding billions in shares, including six of the largest fund managers in the U.K., asked the company to adopt a climate resolution in line with the goals of the Paris climate agreement.
Read MoreAfter Donald Trump took office, a U.S. coal plant has shut down roughly every 15 days. Last week, despite Trump’s attempts to keep it open, the Tennessee Valley Authority decided that it will close a coal power plant in Kentucky to save money and keep electric rates low.
Read MoreIf you’re like most people with a 401(k), you probably don’t know which companies are in your mutual funds, let alone whether those companies have policies to support gender equality or how many women they have on their board of directors or senior management team.
Read MoreA year ago, Royal Dutch Shell, now the largest oil company in the world, acquired NewMotion, a company with thousands of electric car charging points throughout Europe. A month later, Shell started installing fast chargers at some of its largest gas stations. In late October, the company started installing ultrafast chargers that can fully charge the newest electric cars in 10 minutes.
Read MoreIncreasingly, it seems like it’s supporting expanding bottle deposit programs. But big beverage companies want any solution but that.
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