So are the questions. In December, shareholder activist group As You Sow took issue with a Williams-Sonoma Inc. plan to buy offsets to compensate for its emissions. As You Sow asked the retailer to describe its offsets and how they’re used.
Read MoreFor far too long, the Securities and Exchange Commission—the nation’s top Wall Street watchdog—has responded only tepidly to the global climate crisis. This week, that finally changed. On Monday, the Securities and Exchange Commission (SEC) voted three-to-one to issue draft rules that will require publicly traded corporations to be more transparent with investors about their greenhouse gas emissions and how climate change may pose a risk to their businesses. Read More →
Read MoreDanielle Fugere, president of As You Sow, an environmental shareholder-activist group, that said it’s a positive step for Exxon to find a use for gas that would otherwise be burned off into the atmosphere. “It is creating use of what would be otherwise wasted,” she said. Read More →
Read More"Companies are realizing that their investors want them to have less risk," said Andrew Behar, CEO of As You Sow. He and others said shareholders may benefit from new guidance from the U.S. Securities and Exchange Commission which makes it harder for companies to skip votes. Read More →
Read MoreDanielle Fugere, president and chief counsel of As You Sow, discusses the non-profit’s latest thinking on climate risk and the need for measurable net-zero emissions targets. Read More →
Read MoreDaniel Stewart of As You Sow compares GE in the current moment to another American industrial icon: GM. Read More →
Read More“What this spill does is underscore the need to move away from oil to other cleaner sources of energy,” said Danielle Fugere, president of As You Sow, a non-profit shareholder advocacy group focused on environmental and social issues. Read More →
Read MoreDanielle Fugere began her legal career as an environmental lawyer eking out a living one case at a time. Now, as chief counsel and president of As You Sow … Read More →
Read MoreAndrew Behar, a shareholder advocate and CEO of As You Sow, which has long led climate disclosure efforts among investors pressuring companies, and who is involved in the Say on Climate initiative, says using the 2050 net-zero target as an example — which is the timeline for many companies — means a net 50% reduction by 2030, because once the low-hanging fruit is taken care of, the percentage goals get harder to reach. “That means 5% every year for the next 10 years, and it means Scope 3, and they need to actually report that.” Read More →
Read More“The company is just very much wedded to natural gas being part of reducing emissions,” said Daniel Stewart, a program manager at As You Sow, a nonprofit that works with corporate shareholders to advocate for stronger climate action. “From investors’ side, there’s just an increasing level of skepticism about what sort of role natural gas can play.” Read More →
Read MoreDanielle Fugere, president of As You Sow, says in a statement: ‘Investors support this commitment by [GE] to take responsibility for the climate impact from use of its products and to transition to a more sustainable business model. Read More →
Read MoreIBD Senior Reporter Gillian Rich speaks with Danielle Fugere, president of the activist group As You Sow., to learn what's next after Chevron shareholders in May backed proposals for further emission cuts. Read More →
Read MoreThe new objective comes after GE investors in May overwhelmingly backed a shareholder proposal pushing the company to say whether it planned to reach net-zero by 2050. As You Sow, the shareholder advocacy group behind the push, also pushed the company to include emissions from the use of its products and its supply chain in its net zero goal, saying the company had been slow to address this category, undoubtedly the largest associated with the company. Read More →
Read MoreAs 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 MoreDanielle Fugere is the president of the group As You Sow, which focuses on shareholder activism. She said it's a market reality that the world is taking climate change seriously. She said she thinks businesses should join the movement, instead of putting up a fight. "Because as climate change occurs, it impacts every company globally," said Fugere. "It makes it much more difficult to maintain business." Read More →
Read More"Given the growing consensus on the material risks related to the climate crisis, investors seek assurance that company lobbying activities support, and do not block, policy solutions designed to help markets decarbonize," Lila Holzman, an energy expert at the shareholder advocacy group As You Sow, said in an email. "It is no surprise that shareholder resolutions on this topic are seeing record high votes this year, and we absolutely expect this trend to continue." Read More →
Read MoreThe GE result is the latest ESG-related success for As You Sow,. Shareholders in DuPont de Nemours recently voted for a shareholder proposal brought by the group asking DuPont to disclose its role in plastic pollution. Read More →
Read MoreThe April 8 report from As You Sow argues that addressing climate change and moving to a net-zero carbon economy will lead to significant reduction in demand for fossil fuel-based products, creating the risk of stranded assets over the long term for plastics and petrochemicals. Read More →
Read MoreLila Holzman, senior energy program manager with As You Sow, tells Corporate Secretary: ‘We will continue to engage with Sempra on the concerns raised in our shareholder proposal, which we anticipate will be included in Sempra’s proxy statement and be voted on at its [AGM]. Read More →
Read MoreEvery company needs a climate transition plan based on Climate Action 100+ benchmarks, added Andrew Behar, CEO of the shareholder advocacy nonprofit As You Sow. Read More →
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