Today, a group of more than 50 investors representing more than $60 billion in assets under management sent a letter to all 535 Members of Congress expressing support of the Green New Deal’s urgent call to action on climate change.
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Following engagement with As You Sow, ExxonMobil Corp. has agreed to start reporting on spills of pre-production plastic pellets, or nurdles, manufactured in polymer production plants, which are believed to be a significant source of ocean plastic pollution.
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Wells Fargo and Goldman Sachs, two banks with major investment and loan portfolios in fossil fuel projects, filed motions to exclude from their proxies a climate related shareholder resolution.
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At CERAWeek, Shell broke its tradition of avoiding government criticism to call on the Trump administration to tighten methane restrictions from oil and gas operations. Exxon also doubled down on its position that federal methane regulation has an important role to play in leveling the playing field and reducing environmental risks.
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Amazon recently announced its new emission reduction initiative, “Shipment Zero,” setting a goal to reduce the climate impact of its shipping and achieve net zero emissions for half its shipments by 2030, prompting the withdrawal of a related shareholder proposal.
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The U.S. Securities and Exchange Commission (SEC) ruled Monday that Anadarko Petroleum Corporation cannot exclude a shareholder proposal filed by As You Sow. The proposal asks the company to issue a report describing if, and how, it plans to reduce its greenhouse gas emissions to align with the Paris Agreement’s goal of avoiding catastrophic climate change.
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Today, New York City Comptroller Scott Stringer launched a Net Zero Utility Decarbonization Initiative on behalf of an investor coalition representing $1.69 trillion in assets. The initiative calls on U.S. utilities to adopt particular recommendations in advance of their 2020 proxy statements.
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The Trump administration announced Thursday that it had decided to scrap negotiations with California over the president’s plan to undo nationally agreed upon fuel efficiency standards for cars and light trucks. This announcement sets the stage for one of its most consequential climate-policy rollbacks.
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As You Sow and Corporate Knights released today its sixth update of the Carbon Clean 200™, a list of the 200 publicly traded companies that are leading the way among their global peers to a clean energy future.
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Dominion announced today that it will reduce its operational methane emissions 50 percent by 2030 from a 2010 baseline.
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A shareholder resolution filed at Atmos Energy Corporation by corporate responsibility group As You Sow received strong support from close to 35% of Atmos’ shareholders. The resolution asks Atmos to monitor and minimize its methane emissions.
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BP announced today that it will support a resolution from investors of the Climate Action 100+ initiative asking the company to broaden its corporate reporting to describe how its strategy is consistent with the goals of the Paris Agreement. The energy giant said the BP board has decided to support the proposed resolution, which will be put to shareholders at the company’s annual general meeting in May 2019.
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Shareholders As You Sow and Arjuna Capital have filed ground-breaking shareholder resolutions with Chevron Corporation asking it to align its operations with the Paris agreement and adopt greenhouse gas emission reduction targets to ensure progress in reducing the full range of its emissions.
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Xcel took an important step Tuesday to act on the dire problem of climate change, announcing that it will reduce its carbon emissions 100% by 2050, with an interim target of 80% by 2030.
Read MoreShell took an important step today to act on the dire problem of climate change, announcing that it will begin implementing its long-term emissions reduction “ambition” by adopting a commitment to set three- to five-year, near-term Net Carbon Footprint targets.
Read MoreA group of 35 institutional investors representing nearly $41.2 billion in AUM sent a letter to Duke Energy Monday calling on the company to initiate an independent investigation to determine the extent of possible contamination from recent breaches of the company’s coal ash ponds during Hurricane Florence.
Read MoreShareholder advocacy organization As You Sow filed a resolution Wednesday requesting that Wells Fargo adopt a policy to reduce its climate change contribution by aligning its loans and investments with the Paris goals of maintaining global temperature increases below 1.5 degrees Celsius.
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