Posts tagged Ocean Plastic
Exxon Faces Proposal Highlighting Risks from Single-Use Plastics at Annual Meeting

Tomorrow, ExxonMobil’s (NYSE: XOM) shareholders will vote on a proposal filed by United Church Funds and represented by As You Sow calling on Exxon to report how a significant reduction in virgin plastic demand would impact the company’s financial position and the assumptions underlying its financial statements. Exxon tried and failed to block the proposal at the Securities and Exchange Commission (SEC) in March of this year, one of many confrontational actions by Exxon targeting shareholders this proxy season.

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Key Themes at Plastic Treaty Talks Align with As You Sow’s Effort to Hold Companies Accountable on Plastic Pollution

As global plastics treaty talks wind down in Ottawa, I was pleased to see key topics like petrochemical production caps and extended producer responsibility front and center in discussions. Those have been the ongoing focus of As You Sow’s plastic pollution conversation with major producers and their customers for several years.

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Investors Send Strong Third-Year Vote at Amazon Amidst New Plastic Action by Walmart

For the third year in a row, nearly one-third of Amazon shareholders supported an As You Sow shareholder proposal asking the company to set a plastic packaging reduction goal. At the same time, competitor Walmart has committed to phase out use of plastic mailers for U.S. online commerce, putting Walmart even farther ahead of Amazon in actions to curtail plastic waste.

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As You Sow Salutes Passage of California Legislation Mandating Cuts in Single-Use Plastic and Producer Responsibility for Recycling Post-Consumer Packaging

As You Sow, a long-time advocate of producer responsibility for packaging, salutes the passage of landmark California legislation (SB 54) that makes producers responsible for the recycling of post-consumer packaging, requires a 25% reduction in use of single-use plastic packaging, and a 65% recycling rate for all packaging by 2032.

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