Conrad MacKerron, senior vice president of the Berkeley, California-based environmental group As You Sow, said “Some transparency is better than no disclosure.” Read More →
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Boeing will start 2020 under a new regime. Dennis Muilenburg is stepping down as CEO and chairman immediately and David Calhoun, who has served on the board for a decade and chaired the board for the past two months, will assume the role of president and CEO on Jan. 13. Calhoun will remain on the board, and Lawrence Kellner will replace him as non-executive chairman of the board. Read More →
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“Investors are quite concerned that companies like Chevron that are producing fossil fuels will continually be caught with assets that they can't sell. If utilities can buy solar at a cheaper rate than natural gas, that will impact Chevron,” said Danielle Fugere, president and chief counsel of shareholder advocacy group As You Sow. Read More →
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Washington — 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.
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For the global economy to decarbonize quickly, there is no substitute for political leadership from the top.
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BlackRock, the world’s largest asset manager, is being called upon in a shareholder proposal to report on how it plans to “fully implement” the recent ‘Statement on the Purpose of a Corporation’ put out by US trade group the Business Roundtable, which was signed by Blackrock’s Chairman and CEO Larry Fink.
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A pair of events over the past few days offers a preview of upcoming investor efforts to push some of the world's largest companies to get more active on global warming.
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As the climate crisis facing the planet becomes more immediate — fueled by powerful images that include devastating floods in Venice and uncontrollable wildfires in the Amazon — companies are waking up to the role they play in climate change and announcing plans for ways to reduce their carbon footprint.
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Blue Bottle's initial pivot to compostables and new moves towards further waste reduction reflects growing trends as companies acknowledge consumer demands.
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That was the reaction Wednesday from sustainability professional Jessica Davis after oil giant Chevron announced that it was writing down at least $10 billion and as much as $11 billion in assets.
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A New York judge found ExxonMobil not guilty of deceiving investors about how it accounted for the cost of future climate-change regulations.
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New York City's chief financial officer has called on three large U.S. utilities to institute an independent board chair in a move intended to help them navigate a transition to a low-carbon economy.
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In the climactic scene of “Toy Story 3,” Woody, Buzz Lightyear and the rest of the crew narrowly escape death when a remote-controlled claw lifts them from an incinerator just before flames engulf them.
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Even if you haven’t actively been seeking gun stocks, you could still be an investor in them.
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Most large U.S. food companies are doing little or nothing to reduce pesticide use in their supply chains, according to a recent report.
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The power of the shareholder to hold accountable the companies in which they invest is under threat in the US.
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The U.S. Securities and Exchange Commission formally proposed a new rule on Tuesday that could make it harder for shareholders to submit proposals dealing with social issues like executive pay and climate change.
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The Securities and Exchange Commission proposed Tuesday two long-anticipated rules that seek to limit shareholders’ influence over how companies address contentious issues such as climate change and executive compensation.
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When the crisis at Boeing Co. escalated into calls for replacing Chief Executive Dennis Muilenburg, the jet maker’s board did the next closest thing: stripped him of his role as chairman.
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A new report released Friday claims that if fossil fuel companies want to have any chance of hitting Paris Climate Accord numbers by 2040, they will have to cut production by over a third.
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