Tomorrow, Alphabet Inc. (NASDAQ: GOOG) shareholders will vote on a proposal asking Alphabet, Google’s parent company, to report on how it plans to protect its employees from the financial risk created by investing in fossil fuel and other high-carbon companies. The resolution is filed by shareholder representative As You Sow.
Read MoreToday, Chubb Ltd., one of the world’s leading insurers, announced shareholder support of 28.7% for a shareholder proposal calling on the insurer to measure and disclose greenhouse gas emissions (GHG) from its underwriting, insuring, and investment activities in high-carbon companies including fossil fuels. The resolution was filed by investor representative As You Sow and Green Century Capital Management.
Read MoreToday, researchers at the University of Waterloo (Canada), in partnership with As You Sow, released a new report finding more than 2 million employees from 12 tech-sector companies could have earned an estimated $5.1 billion in additional returns had their companies moved to decarbonize their retirement plan holdings 10 years ago. The report analyzed the 401(k) plans of the Big Five tech companies – Amazon, Apple, Google, Meta, and Microsoft – and seven additional tech companies: Adobe, Broadcom, Intuit, Netflix, Oracle, Qualcomm, and SAP America.
Read MoreToday, researchers at the University of Waterloo, in partnership with As You Sow, released a new report finding that Google employees could have earned an estimated $1.15 billion in additional returns, with the financial performance of the company’s retirement plan holdings “estimated to have been higher if they had divested from the Energy Sector ten years ago on an absolute and risk adjusted basis.”
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