Exxon said it made the disclosure due to investor interest. “They’re seeking dollars against companies that are disclosing Scope 3,” said Danielle Fugere, president of As You Sow, a non-profit shareholder activist group. “I don’t think they have any choice.” Read More →
Read MoreAs You Sow, which focuses on corporate environmental and social responsibility, told CQ Roll Call that a shareholder proposal submitted to railroad company Union Pacific Corp. seeking the “say-on-climate” vote is the first of many the group plans to put forward for consideration in 2021. The group says it’s also working on a petition to regulators to mandate these votes. Read More →
Read MoreAs You Sow has targeted BlackRock at its own annual meeting in the past for its failure to support more resolutions. Andrew Behar delivered a speech from the floor of the BlackRock meeting last year pointing to what he sees as a disconnect between BlackRock’s words and actions, for “using its big stick like a wet noodle” Behar says, and that means he remains skeptical until he sees the results from the upcoming annual meeting season. Read More →
Read MoreExxon has been betting on a continued future for oil and gas, and it has struggled since the coronavirus pandemic slashed oil prices, said Danielle Fugere, president of the activist investor group As You Sow. Read More →
Read More“We are pleased that U.S. banks are finally stepping up to the challenge of measuring and reducing climate impacts as European peers already have. Morgan Stanley’s commitment shows that digging in and taking responsibility for its climate contribution is good business. We expect other U.S. banks to take note,” said Lila Holzman, energy program manager at As You Sow, a sustainable-investing advocate. Read More →
Read MoreCorporations holding annual general meetings this month are well familiar with two particularly attentive shareholders: Andrew Behar and Danielle Fugere of As You Sow. Along with groups like CERES and the Interfaith Center for Corporate Responsibility, the Berkeley, Calif., nonprofit has taken the lead in engaging corporations on issues from carbon footprints to workforce treatment. Read More →
Read MoreImpactAlpha, May 21 – Massive flooding in Midland, Michigan on Wednesday threatened to release chemicals from a Dow chemical complex, where products ranging from Saran Wrap to Agent Orange have been produced over years, and an adjacent Superfund site. It’s the kind of nightmare scenario that imperils public health as well as corporate value, and one that investor groups have been sounding the alarm on as global warming increases the frequency of severe weather events… “This should be a warning sign,” says Lila Holzman of As You Sow. Read More →
Read MoreIn a clear signal of support for reforming the lending practices of the world's largest private bank to ensure a habitable future planet, 49.6% of shareholders voted in favor of a resolution that asked JPMorgan to craft a plan to better align its operations with the Paris climate agreement's goal of limiting global temperature rise to 1.5°C… The development was also celebrated by Danielle Fugere, president of the nonprofit shareholder advocacy group As You Sow. "Shareholders today sent the message that it is past time for Chase to catch up with its peers, implement a strategy to decarbonize and de-risk its lending portfolio, and help build a more secure future for all," she said. Read More →
Read MoreOne proposal asks the company to report on how expanding the operations of its chemical division, CPChem, may affect public health in areas prone to climate-change-related natural disasters… The organization that brought the proposal to the board, As You Sow, is a nonprofit group that uses shareholder advocacy to push for socially responsible business practices in several industries. Read More →
Read MoreAndrew Behar, CEO of environmental resolution sponsor As You Sow, said he credits BlackRock and State Street for boosting SASB, even if ideally companies would also provide a GRI report. Read More →
Read MoreAs You Sow has introduced a shareholder proxy asking for JPMorgan to commit to aligning its financing with the Paris Agreement on climate change. The bank has asked the SEC for permission to omit that proposal and others related to climate change from consideration during the upcoming proxy season. Read More →
Read MoreJPMorgan still is not addressing its larger oil and gas portfolio, nor is it committing to align with the Paris climate agreement, said Danielle Fugere, president of As You Sow, an investor climate advocacy group. Read More →
Read MoreActivists, including the As You Sow Foundation, Trillium Asset Management and Boston Trust Walden, said they had received notices that the bank has asked for regulatory permission to skip votes at its spring annual meeting on proposals such as reporting on greenhouse gas emissions tied to its lending. Read More →
Read MoreMore than 386 employees at e-commerce giant Amazon have broken the company’s rules by posting statements on a social media site to complain that their employer is a major factor in climate change. Read More →
Read MoreAs You Sow, a consumer advocacy group, filed shareholder resolutions in 2017 and 2020 asking the company to eliminate producer application of glyphosate before harvesting grains. The group said in a release it hoped other food producers would do the same. Read More →
Read MoreKellogg will work with suppliers to phase out the use of glyphosate as a pre-harvest drying agent in its major wheat and oat supply chains by 2025. Read More →
Read MoreGreen America, Americans for Financial Reform (AFR) and As You Sow delivered the signatures today to the SEC at its Washington, D.C., offices at 100 F Street NE. Signatures also were gathered by Public Citizen and Interfaith Center on Corporate Responsibility (ICCR). Read More →
Read MoreMost large U.S. food companies are doing little or nothing to reduce pesticide use in their supply chains, according to a recent report.
Read MoreThe future of financial reporting for environmental, social and governance investing arrived with a bang at the chicken farms of Mississippi last month.
Read MoreThe U.S. throws away about $11.4 billion worth of recyclable items and packaging every year, according to a report published by San Francisco-based As You Sow, a nonprofit organization that promotes corporate responsibility through shareholder advocacy
Read More
