Today’s release of The 100 Most Overpaid CEOs: Are Fund Managers Asleep at the Wheel? from shareholder advocacy group As You Sow revealed that the largest fund managers displayed a strong reluctance to vote against exorbitant executive compensation packages. With a growing number of Americans concerned about wealth inequality, fund managers Blackrock and Vanguard have both been speaking out against high pay packages, but have not often used the power of their proxy cast votes against them.
Read MoreA shareholder proposal to curb antibiotic use received strong support at the Sanderson Farms annual meeting today, with 43.1% of voting shares supporting.
Read MoreToday a California Superior Court judge in San Francisco approved a settlement resolving claims that have lingered for years over whether certain levels of lead and cadmium in chocolate require warnings under California's stringent "Proposition 65" law. The settlement was negotiated by non-profit consumer advocacy group As You Sow and leaders of the chocolate industry over the past year.
Read MoreToday, As You Sow and Corporate Knights released the fourth update of the Carbon Clean 200™ (Clean200™), a list of the 200 largest publicly traded companies in the world making significant revenue from clean energy. In its first full year and a half of live performance, Clean200 companies generated a total return of 32.1%. That’s almost double the 15.7% for its fossil fuel benchmark the S&P 1200 Global Energy Index.
Read MoreAs You Sow congratulates Dunkin’ Brands today for choosing a replacement material for its polystyrene foam beverage cups and setting a 2020 date to phase them out. This action will remove nearly 1 billion foam cups from the waste stream annually. Coupled with McDonald’s recent commitment to phase out foam materials globally, these two actions could significantly reduce the amount of single use cups that end up as littered waste on land and in waterways.
Read MoreIn a new shareholder resolution, As You Sow and Dominican Sisters of Hope, Congregation of St. Joseph, Adrian Dominican Sisters, and Dignity Health are calling upon Chevron to report to shareholders on how it is detecting and mitigating methane emissions, a leading cause of climate change. Methane, the primary component of natural gas, has an intense, short-term climate forcing impact, at least 84 times that of carbon over 20 years. San Ramon-based Chevron is ranked near the top (17th out of the 100 highest) methane emitters from onshore production based on a 2016 study.
Read MoreAs You Sow congratulates McDonald’s Corp. on its industry-leading goal announced today to recycle all post-consumer packaging in all its restaurants by 2025. This action follows several years of dialogue by As You Sow with McDonald’s as well as quick service peers like YUM Brands, Dunkin’ Brands, and Chipotle asking for in-store packaging to be recycled or composted.
Read MoreIn a win for the health of world oceans, McDonald’s Corp. has agreed to end the use of harmful polystyrene foam packaging globally by the end of this year following engagement by shareholder advocacy group As You Sow.
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