As You Sow released its second annual Road to Zero Emissions Report today grading the largest 100 U.S. companies on their progress toward net zero. Compared to last year’s report, 66% of the companies improved their overall grade. However, many still lack value-chain (Scope 3) emissions disclosure and actions demonstrating progress in achieving the emissions reductions necessary to align with global 1.5°C goals.
Read MoreThe California State Legislature passed SB 253 yesterday, which would require Scope 1, 2, and 3 emissions disclosures from all companies operating in California with more than $1 billion in revenue. SB 253 now heads to the Governor for signature.
Read MoreWhile delegates from 180 countries debated a global treaty to combat plastic pollution that might include plastic production caps, one-quarter (25.3%) of ExxonMobil shareholders representing $66.7 billion supported a resolution filed by As You Sow asking the company to study how a one-third cut in demand for virgin single-use plastic would affect its financial position at the company’s recent annual meeting.
Read MoreToday, 18% of ExxonMobil and Chevron’s shareholders voted in favor of resolutions calling on the companies to begin accurately disclosing the role of asset transfers in their reported greenhouse gas emissions reductions.
Read MoreAt the May 31 annual shareholder meetings of ExxonMobil and Chevron, the two largest American oil and gas companies, shareholders will vote on a resolution asking each company to begin accurately disclosing the role of asset transfers in their reported greenhouse gas emissions reductions.
Read MoreToday at the annual general meeting of power and gas utility Southern Company announced that 20% of investors voted in favor of a shareholder resolution filed by As You Sow, based on a preliminary vote count.
Read MoreChubb Insurance released proxy voting results showing that nearly 30% of shareholders voted in favor of a climate-related resolution filed by As You Sow asking the insurer to report on how it intends to align its underwriting and investment activities with global greenhouse gas reduction goals.
Read MoreToday, JPMorgan Chase released final vote results for a first-time shareholder resolution filed by investor representative As You Sow, asking the company to provide an actionable climate transition plan outlining how it will achieve its 2030 net zero greenhouse gas emission reduction goals.
Read MoreFollowing As You Sow’s and Amalgamated Bank’s 2022 management-supported shareholder proposal on net zero target setting, Caterpillar Inc. has released its first annual “Taskforce on Climate-related Financial Disclosures Report” report and an estimate of the company’s Scope 3 greenhouse gas emissions.
Read MoreShareholders voted on As You Sow climate transition planning resolutions at major defense contractors Lockheed Martin and Raytheon.
Read MoreTuesday at the annual general meeting of Public Storage investors voted on a shareholder resolution filed by Amalgamated Bank with support from shareholder representative As You Sow.
Read MoreToday, Wells Fargo released final vote results for a first-time shareholder resolution filed by investor representative As You Sow, asking the company to provide an actionable climate transition plan outlining how it will achieve its 2030 net zero greenhouse gas emission reduction goals.
Read MoreA first-time shareholder resolution filed with Goldman Sachs by shareholder representative As You Sow, asking the company to provide an actionable Climate Transition Plan to achieve its 2030 net zero greenhouse gas emission reduction goals, was supported by 30% of shareholders. The initial results were released at today’s annual general meeting.
Read MoreToday, Bank of America released preliminary vote results from its annual general meeting where 28.5% of shareholders voted in favor of a resolution seeking an actionable Climate Transition Plan for achieving its 2030 net zero greenhouse gas emission reduction goals.
Read MoreShareholder representative As You Sow filed resolutions asking five of the largest U.S. banks — Bank of America, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo — to disclose climate transition plans for achieving their 2030 net zero-aligned greenhouse gas emission reduction goals.
Read MoreAmalgamated Bank and Green Century Capital Management filed a shareholder resolution with Amazon requesting the company measure and disclose the emissions from its full value chain, including from all products it sells.
Read MoreCampbell’s shareholders Wednesday voted on an As You Sow’s shareholder resolution asking the company to prepare a report assessing how the company’s retirement funds manage the growing systemic risk created by investing in companies contributing significantly to climate change.
Read MoreShareholder representative As You Sow today released “Pay for Climate Performance: Linking CEO Compensation to Emissions Reduction” report finding that, while many companies say they link CEO pay to climate reduction goals, such incentives generally lack meaningful metrics or sufficient compensation to incentivize climate progress.
Read MoreToday, the Supreme Court defied years of precedent and ignored Congressional intent in denying the U.S. Environmental Protection Agency’s authority to respond to new pollution sources including regulating carbon emissions from existing power plants.
Read More
