The 2020 report Banking on Climate Change released today demonstrates that banks are fueling catastrophic warming of the globe. Shareholders, whose portfolios are already being impacted by climate change, are greatly disappointed by these results.
Read MoreThe U.S. Securities and Exchange Commission (SEC) recently held that JPMorgan Chase, the world’s largest funder of fossil fuels, must include a climate-related shareholder proposal on its proxy this year.
Read MoreLast week, the U.S. Securities and Exchange Commission (SEC) allowed Sempra Energy and Dominion Energy to omit resolutions filed by shareholder representative As You Sow to address the growing potential for stranded natural gas assets at the utilities.
Read MoreShareholder advocacy group As You Sow and nonpartisan policy think-tank Energy Innovation today released Natural Gas: A Bridge to Climate Breakdown, a report addressing the opportunities presented by the clean energy transition and the risk of overreliance on natural gas for utilities.
Read MoreIn another win for the health of the world oceans, YUM! Brands, Inc., the world’s largest quick service restaurant company, with global brands including KFC, Taco Bell, and Pizza Hut, has agreed to end use of harmful expanded polystyrene foam packaging globally by 2022, following engagement with As You Sow.
Read MoreFollowing in-depth engagement by As You Sow and Trillium Asset Management, Waste Management, Inc. has committed to publishing a report that could help ease the recycling crisis that has developed in parts of the United States.
Read MoreJPMorgan Chase will reportedly announce today a number of policies to increase restrictions on global coal funding and to end direct project funding of Arctic oil and gas projects.
Read MoreAs You Sow today released its sixth annual The 100 Most Overpaid CEOs: Are Fund Managers Asleep at the Wheel? report, focusing on the nexus between overpaid CEOs of the S&P 500, and the failure of many pension and financial fund managers to hold companies accountable for excessive compensation.
Read MoreAs You Sow and Corporate Knights today released their 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.
Read MoreFollowing engagement with As You Sow, a fourth major petrochemical manufacturer, Westlake Chemical, one of the largest producers of low-density polyethylene, has agreed to start reporting on spills of pre-production plastic pellets, or nurdles, manufactured in its production plants.
Read MoreExxonMobil filed a motion this week to exclude from its proxy a climate-related shareholder resolution asking whether and how the company intends to align its business model with the goals of the Paris Climate Agreement.
Read MoreStarbucks Corp., the world’s largest coffeehouse company, has agreed to shift from single-use packaging to reusable packaging, conduct unprecedented research to promote customer behavior change, develop new global reusable container goals, and cut global packaging waste 50 percent by 2030, following months of constructive dialogue with As You Sow.
Read MoreShareholder representative As You Sow recently filed shareholder proposals at three of the largest U.S. gas and electric utilities — Dominion, Sempra Energy, and Southern Company — asking the companies to disclose the potential that their planned and existing natural gas infrastructure could become stranded as the energy market moves inexorably toward cleaner energy resources.
Read MoreShareholder 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.
Read MoreShareholder 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.
Read MoreThe American Chemistry Council and Plastics Industry Association announced Thursday a new program to help manage and prevent the accidental release of plastic pellets into the environment.
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