Today at the annual general meeting of oil giant Chevron, investors voted on a shareholder resolution asking the company to disclose the quantitative impact on its financial position of global success in meeting the Paris Agreement’s net-zero goal.
Read MoreThe largest global oil and gas companies are quietly planning multi-billion dollar investments in new fossil fuel production, including 195 “carbon bombs” or projects that would each release more than a billion tonnes of carbon dioxide emissions (CO2) over the life of each project, according to an investigation by The Guardian.
Read MoreIn a resounding vote of support for climate action, 91% — representing more than $43.7 billion in assets — of Boeing shareholders supported a Say on Climate resolution filed by As You Sow.
Read MoreOn March 31, the U.S. Securities and Exchange Commission (SEC) ruled that As You Sow’s shareholder proposal to Travelers insurance company, asking the company to address its Scope 3 financed emissions, can move forward to a vote at the company’s annual general meeting.
Read MoreThe long-awaited U.S. Securities Exchange Commission (SEC) draft rule on climate disclosure was released today requiring companies to provide Scope 1, 2 and 3 emissions disclosures; any climate-related goals and progress; climate transition plans, if any; climate-related risk assessment information, including transition risk; and climate governance information, among others.
Read MoreShareholder advocacy group Majority Action last week filed an exempt solicitation asking investors to oust two board members — chairman Michael Wirth and board member Ronald Sugar — at oil major Chevron due to the company’s failure to sufficiently cut its carbon emissions.
Read MoreSeventy-five investors with $4.7 trillion of assets under management Monday sent a letter to the commissioners at the U.S. Securities Exchange Commission (SEC) to express increasing concern about climate change and the systemic and material risk it builds into the global economy.
Read MoreToday, shareholder representative As You Sow released “Road to Zero Emissions: 55 Companies Ranked on Net Zero Progress,” a report ranking companies on their progress in aligning emissions reductions with the 1.5-degree Paris Agreement goal.
Read MoreA majority of AutoZone shareholders voted Wednesday in favor of an As You Sow resolution requesting the company report on plans to adopt net-zero climate targets and annually disclose progress. The proposal earned a vote of 70.4% representing shareholder support of more than $25 billion in assets.
Read MoreIn a resounding vote of support for climate action, 92% of shareholders supported a Say on Climate resolution filed by shareholder representative As You Sow asking the world’s global foodservice leader, Sysco Corporation, for Paris aligned, net-zero targets, an aligned climate transition plan, and annual reporting of progress.
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