Weapon Free Funds, a new tool from non-profit groups As You Sow and CODEPINK, was released today to help individuals, communities, universities and others review their mutual fund investments for holdings in military contractors and gun manufacturers and retailers. Handguns, assault rifles, ammunition, cluster munitions, landmines and nuclear weapons are often embedded in commonly-held mutual funds and ETFs.
Read MoreToday, General Motors (GM) shareholders voted on a resolution filed by shareholder representative As You Sow urging the Company to report on how it will address the Trump administration’s proposed weakening of CAFE standards. 26% of GM’s shareholders asked the company for clarity on whether, and to what degree, the company will change its product plans and business strategy as a result of the announced weakening of standards.
Read MoreMonster Beverage shareholders voted in strong numbers on an As You Sow resolution asking the company to address the lack of transparency regarding slavery and human trafficking in its supply chain. A preliminary count of 20% of shareholders voted for the proposal asking the company for transparency and disclosure on this critical human rights issue.
Read MoreApproximately 45% of Chevron’s shareholders voted today in favor of a fugitive methane reduction resolution put forward by shareholder advocate As You Sow and co-filers. This proposal highlights Chevron as one of the top methane emitters, ranking 17 out of the highest 100 methane emitters from onshore production while also noting its failure to keep up with peers in reporting its methane reduction actions.
Read MoreInvestors at Chevron Corporation’s annual meeting will vote today on a shareholder resolution put forward by As You Sow and Arjuna Capital. The resolution asks Chevron to report to shareholders on how the company plans to transition its business model to successfully align with a decarbonizing energy market, while also taking a role in helping to limit the planet’s warming to under two degrees Celsius.
Read MoreAs 2018’s annual general meetings press on, attention this week turns to Chevron. Among the shareholder resolutions awaiting a vote on the proxy are two from shareholder advocacy organization As You Sow.
Read MoreNearly a third of food and beverage giant Mondelez International’s shareholders supported a proposal by As You Sow presented at its annual meeting yesterday asking the company to set a time table to phase out non-recyclable plastic packaging, signaling strong concern that Mondelez is introducing liability to its brand through slow action toward recyclability.
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Today, a majority of Anadarko shareholders voted in favor of an As You Sow proposal asking the Company to assess the risks to its portfolio of scenarios consistent with limiting global warming to 2 degrees Celsius or below, as defined in the Paris Agreement. Shareholders have signaled a need to understand how Anadarko will retain its value in an increasingly low carbon energy market.
Read MoreShareholders will add their voices to the growing national concern about sharply weakened fuel economy standards at Ford Motor Company’s annual meeting tomorrow.
Read More“We commend Dominion for listening to its stakeholders and continuing to improve the company’s methane management and reporting,” said Lila Holzman, Energy Program Manager at As You Sow. “This enhanced disclosure is an important step that must now be followed by intentional target setting to ensure future methane reductions.”
Read More“Entergy, like the rest of the utility sector, is at an existential fork in the road. Choose the wrong path and it will run into a huge competitive threat, namely in the form of consumer-owned rooftop solar and storage,” said Natasha Lamb, Managing Partner, Arjuna Capital. “Anticipate the threat and Entergy can turn instead toward distributed energy as business opportunity.”
“Utility customers, both large and small, are demanding clean energy. Utility companies must adapt or lose business,” noted Lila Holzman, Energy Program Manager, As You Sow. “Entergy’s commitment to undertake a two-degree carbon risk analysis is a positive step and shows the company is thinking about how it will thrive in a low carbon future.”
Read MoreThis vote highlights growing shareholder concern about the risks created by the toxic coal ash residuals Ameren creates when it burns coal to generate electricity. In recent years, this resolution has gained ever-increasing shareholder support, earning the first clear majority this year.
Read MoreWe applaud the actions taken today by 17 attorneys general to protect current vehicle standards. These standards serve the planet, investors, and automakers extremely well, successfully reducing greenhouse gas emissions and air pollution while creating cost savings for consumers.
Read Moreoday, the Securities and Exchange Commission (SEC) released a crucial decision holding that Chevron Corp. must respond to shareholders’ climate risk related shareholder proposals and cannot exclude them from the ballot at the company’s annual meeting.
Read MoreLast week, ExxonMobil successfully silenced shareholders when it asked the Securities and Exchange Commission (SEC) to block As You Sow and Arjuna Capital’s “Low Carbon Business Model” resolution.
Read MoreThe recent ExxonMobil climate risk report, 2018 Energy and Carbon Summary, provided to shareholders in response to a 62% majority vote, has been assessed by experts to be “defective,” “unsatisfactory,” and “inadequate.”
Read MoreNearly a third of Starbucks’ shareholders at the company’s Annual General Meeting last week supported an As You Sowresolution asking the company to phase out use of plastic straws and develop aggressive plans to meet packaging reuse and recycling goals.
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Actor, filmmaker and UN Environment Goodwill Ambassador Adrian Grenier will present As You Sow’s shareholder resolution Wednesday, March 21 at Starbucks’ annual general meeting asking the company to take bold action to reduce its global plastic footprint.
Read MoreProxy Preview 2018, released today by As You Sow, the Sustainable Investments Institute (Si2), and Proxy Impact, offers a comprehensive look at more than 400 shareholder resolutions filed on environmental, social and sustainable governance (ESG) issues. The report shows how investors continue to seek accountability on climate change risk and corporate political spending, but have growing concerns regarding the treatment of women. Other key issues include gun laws, the opioid crisis, fake news and human trafficking.
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