Investors are gravely concerned over Facebook’s governance, which has allowed Russian bots to influence the 2016 U.S. elections, Myanmar military personnel to incite genocide, 45 million images of child pornography and torture to be released on the web, and hate speech, anti-immigrant violence, and purchasing of weapons to proliferate. Even Facebook’s employees are calling for change.
Read MoreChevron announced Tuesday it expects to write down the value of its assets between $10 billion and $11 billion this quarter.
Read MoreA New York judge today ruled that ExxonMobil was not guilty of misleading investors when it stated to investors that it used one cost of carbon in approving oil and gas projects, while using different and lower costs.
Read MoreRepsol announced Monday a historic commitment to become “a net zero emissions company by 2050.”
Read MoreA coalition of investors — Walden Asset Management, Presbyterian Church USA, and First Affirmative Financial Network — led by shareholder advocate As You Sow recently filed climate-focused resolutions with a large segment of the U.S. banking industry, including JPMorgan Chase & Co, Wells Fargo, Bank of America, Goldman Sachs, and Morgan Stanley.
Read MoreAmazon has taken an important step today by removing 14 skin-whitening products that contain toxic levels of mercury from its retail platform, thanks to a sustained pressure campaign from Minnesota public-health and environmental groups BeautyWell Project and Sierra Club.
Read MoreToday, As You Sow released its Pesticides in the Pantry: Transparency & Risk in Food Supply Chains report, examining the growing risk to food manufacturers posed by the use of synthetic pesticides in agricultural supply chains.
Read MoreThe U.S. Securities and Exchange Commission (SEC), led by Chairman Clayton, voted today to severely limit the rights of shareholders, especially small shareholders to file proposals at companies.
Read MoreToday, Carbon Tracker released its Balancing the Budget report finding that companies cannot be considered “Paris-compliant” if they are sanctioning assets that would take the world past Paris limits.
Read MoreNews 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.
Read MoreAs You Sow, a leading non-profit promoting sustainable investing, today announced that its Gender Equality Funds investing tool has been upgraded with a first-of-its-kind sustainability report card, grading investments on six environmental and social issues including gender equality, fossil fuels, deforestation, and weapons.
Read MoreA group of concerned investors wrote to the U.S. Securities and Exchange Commission’s (SEC) Chairman Jay Clayton on Friday urging him to protect retail investors by opposing an impending rulemaking that would curtail shareholder rights.
Read MoreThe 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.
Read MoreThe 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.
Read MoreIn 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.
Read MoreDuke 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.
Read MoreA notice of appeal was filed last week challenging a California trial court decision that exempted online retail giant Amazon.com from California consumer protection mandates.
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