Shareholder advocacy non-profit As You Sow filed a shareholder resolution last Friday with BlackRock, asking for a report on how the company plans to fully implement the Business Roundtable (BRT) “Statement on the Purpose of a Corporation,” which was signed by Chairman and CEO Larry Fink in August 2019.
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Shareholder advocate As You Sow, joined by the Church Commissioners for England and other investors, filed a shareholder proposal with ExxonMobil asking the company to respond to the urgent need to align its energy business with the Paris Climate Agreement. As You Sow filed a similar proposal joined by co-filers at Chevron.
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Repsol announced Monday a historic commitment to become “a net zero emissions company by 2050.”
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News that GM and Toyota are siding with the Trump administration in its plan to restrict California from setting its own air pollution standards for vehicles comes as the Golden State continues to battle fierce wildfires throughout the state.
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The Sierra Club today filed a lawsuit against the Securities and Exchange Commission (SEC) for failing to respond to a Freedom of Information Act (FOIA) request.
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The Guardian, in collaboration with the Climate Accountability Institute, revealed Wednesday that 20 large multinational companies are responsible for one third of all greenhouse gas emissions emitted in the modern era — and these polluters are still driving the relentless climb of global temperatures.
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In the run up and during Climate Week, more than 80 companies moved to address systemic climate risk by setting targets in line with the Paris goal of limiting global warming to 1.5 degrees Celsius.
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Duke Energy, the largest U.S. power utility, announced today a major commitment to address climate change by setting a target to achieve net-zero carbon emissions by 2050, with an interim target of 50 percent carbon emission reductions by 2030.
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Think-tank Carbon Tracker released Sept. 5 its latest report on Sept. 5 analyzing the degree to which oil and gas companies are continuing to invest in climate-threatening projects.
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Anadarko Petroleum Corp shareholders voted today to approve the oil and gas producer’s $38 billion sale to Occidental Petroleum Corp — the largest merger seen in the oil and gas industry since Royal Dutch Shell Plc acquired BG Group Ltd. in 2016.
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his week Devon Energy announced a new commitment to reduce the intensity of its methane emissions from 0.32 percent in 2018 to 0.28 percent by 2025. This announcement comes recently after the company’s sale of its high-carbon oil sands assets in Canada.
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Today, 33% of investors at Chevron Corporation’s annual meeting voted in support of a shareholder resolution asking the company to report on how it plans to reduce its full range of greenhouse gas emissions and transition its business model to align with a decarbonizing energy market. Also today, at Exxon’s annual meeting, 25% of investors voted in support of a shareholder resolution asking the company to issue a report assessing the public health risks of expanding petrochemical operations in areas increasingly prone to climate change-induced storms, flooding, and sea level rise.
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Shareholder proposals brought by As You Sow will challenge two of the world’s largest oil and chemical producers, ExxonMobil and DowDuPont at annual meetings on May 29 and June 25, respectively, to issue a report assessing the public health risks of expanding their petrochemical operations and investments in areas increasingly prone to climate change-induced storms, flooding, and sea level rise, and the risks such operations pose to public health.
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Today, 99 percent of BP shareholders voted in support of a resolution drafted by Climate Action 100+, a group of 300 investors with more than $33 trillion in assets under management, calling for the oil giant to align its business strategy with the 2015 Paris Agreement.
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A shareholder resolution on the health and climate impacts of coal use filed at Duke Energy by shareholder advocacy group As You Sow and Daughters of Charity, Province of St. Louise received the support of 41% of Duke shareholders.
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Shareholder advocacy group As You Sow and investment advisory firm Boston Common Asset Management released today Disclosing the Facts 2019: Transparency and Risk in Water & Chemicals Management for Hydraulic Fracturing Operations.
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