Biggest Dutch Investor Supports Two Climate Resolutions

Oakland, California—May 14, 2019—The biggest Dutch investor, Aegon Netherlands and Aegon Asset Management Netherlands, announced this week its support for nine shareholder climate resolutions, including As You Sow’s Chevron Paris-aligned business transition proposal and a petrochemical resiliency proposal filed with Exxon.

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Permian oil and gas companies look to mitigate water waste from fracking

President of As You Sow Danielle Fugere said responsible water usage is especially important in the southwest U.S. She said 51 percent of oil and gas wells in Texas – the largest oil-producing state – are in high or extremely-high stressed water regions. “As climate change increases water scarcity in certain regions, investors need assurance that companies are responsibly managing the amount of water they use to protect communities, the environment, and other water users,” she said.

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