As You Sow, an advocacy group that filed the resolution, said the vote won the backing of stockholders representing some 81% of the company's shares. That is a record amount of support for an environmental shareholder proposal opposed by the top brass at a publicly traded corporation, according to the Sustainable Investments Institute. Read More →
Read More“This vote confirms a tidal wave of support by investors to confront a deadly contributor to the global plastic pollution crisis,” said Conrad MacKerron, senior vice president at nonprofit shareholder advocate As You Sow, which filed the proposal. Read More →
Read MoreThe amount of plastic flowing into the world’s oceans is set to surge and businesses’ efforts to reduce plastic waste will do little to stop it, according to a new study in the journal Science. Read More →
Read MoreAnother major petrochemical company has agreed to publicly report its plastic pellet pollution under mounting public pressure from an activist shareholders group. Read More →
Read MoreConrad MacKerron, senior vice president of the Berkeley, California-based environmental group As You Sow, said “Some transparency is better than no disclosure.” Read More →
Read MoreWashington — The plastics industry unveiled changes Dec. 13 to strengthen its voluntary Operation Clean Sweep program to reduce pellet pollution from its factories, but environmental groups monitoring the issue questioned industry self-regulation and called for a tough zero discharge standard.
Read MoreYour first impression of Diane Wilson and her brigade of volunteer environmental activists might be that they're aging hippies, still fighting the establishment.
Read MoreSome 30 miles north of Pittsburgh, Pennsylvania, in a township adjacent to a state forest, oil and gas giant Royal Dutch Shell is building a sprawling new plant to support what it sees as the future of its business.
Read MoreMicroscopic plastic particles are in our oceans, the fish we eat, the air we breathe, the water we drink.
Read MoreBig investment firms are again using their vast stock holdings to pressure corporate executives over everything from boardroom diversity and political activity to food waste and plans to reduce greenhouse-gas emissions.
Read MoreA year ago, I thought a nurdle was a cricket term for a score by deflecting the ball rather than striking it.
Read MoreIf you’re like many of those I’ve introduced the word “nurdle” to in the last week or so, you giggled the first time you heard it.
Read MoreEnvironmental advocacy group As You Sow (Oakland, CA) announced that it has withdrawn its shareholder proposals with Chevron and Phillips 66 since Chevron Phillips Chemical Co. (The Woodlands, TX), which is jointly owned by the two companies, has agreed to start reporting spills of pre-production plastic pellets.
Read MoreOAKLAND (KPIX 5) — There are growing protests over the amount of plastic ending up in the world’s oceans, but one Oakland nonprofit is taking a different approach that is having a remarkable effect on getting big plastic producers to care about the problem.
Read More(Reuters) - Chevron Phillips Chemical Co said on Tuesday it would start reporting plastic pellet spills from its chemical plants in 2019.
Read MoreLess than two weeks after Exxon Mobil became the first major oil company to agree to report plastic pellet pollution to investors, another major petrochemical company has followed suit under pressure from activist shareholders.
Read MorePetrochemical companies are facing pressure to disclose incidents where they have spilled plastic into the ocean, which leads to what is said to be a major source of pollution.
Read MoreFollowing pressure from a green shareholder activist group, ExxonMobil Chemical Co. agreed March 27 to expand its public reporting around resin pellet spills from its factories.
Read MoreAt the urging of shareholders, ExxonMobil has agreed to report on plastics spills and management of plastics handling, As You Sow announced Wednesday.
Read MoreOil giant ExxonMobil has avoided having to face a shareholder resolution on plastic pellet pollution after an agreement with investors - though the issue will go to the vote at peer companies like Chevron and Philips 66.
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