The Trump administration is expected to announce this week a rule to eliminate the regulation of methane from oil and gas production, allowing rampant increases in this climate-forcing greenhouse gas. The announcement comes after years of opposition to the rollback from both investors and industry.
Read MoreAs You Sow released today its seventh Invest Your Values mutual fund and ETF educational tool. Prison Free Funds is the latest issue area to join the free, online platform that enables individual and institutional investors to know what they own.
Read MoreCiti and Bank of America announced Wednesday they will join the Partnership for Carbon Accounting Financials, a global framework for financial institutions to measure and disclose the emissions from their lending and investment portfolios.
Read MoreThis week, Walmart, Target, CVS Health, Kroger, and Walgreens announced a Beyond the Bag Initiative, a three-year project to “reinvent single-use plastic bags” by identifying design solutions for new systems to replace the function of the current retail plastic bag.
Read MoreToday, Morgan Stanley announced it will become the “first U.S.-based global bank to join the Partnership for Carbon Accounting Financials (PCAF) and its Steering Committee as part of the firm’s commitment to measuring and disclosing its approach to climate change risk and opportunity.”
Read MoreDuke Energy and Dominion Energy, two of the nation’s largest utility companies, announced Sunday the cancelation of the Atlantic Coast Pipeline, a 600-mile natural gas pipeline that would have crossed West Virginia, Virginia, and North Carolina, and under the Appalachian Trail.
Read MoreOn Juneteenth, investors made it clear that diversity matters. The Nia Impact Capital shareholder resolution received a preliminary vote of 70% investor support at Fortinet general annual meeting, requesting the release of quantitative diversity data.
Read MoreToday, As You Sow released its Waste and Opportunity 2020: Searching for Corporate Leadership report analyzing the actions, or inactions, of 50 of the largest U.S. consumer-facing companies to reduce plastic pollution.
Read MoreAs You Sow is devastated by the police brutality that cut short George Floyd’s life, and the systemic racism in our society that led to it. George Floyd’s murder is one more in a long list of violent acts and brutality against Black Americans that exposes deep, pervasive, and toxic racism.
Read MoreToday, at the annual meetings of two fossil fuel majors, 46% of investors voted to support a shareholder resolution at Chevron and 25% at Exxon, according to preliminary results announced at the meeting.
Read MoreToday at Southern Company’s annual general meeting, management announced a new climate target to achieve net-zero emissions by 2050. This improves upon its previously vague target of “low to no emissions” by 2050.
Read MoreAt the BlackRock annual general meeting today, shareholders asked the world’s largest asset manager for a plan on how they are planning to implement the Business Roundtable’s “New Statement on the Purpose of a Corporation.”
Read MoreShareholder’s today sent a strong message of concern to JPMorgan Chase about its outsize support of fossil fuels in the face of catastrophic climate risk.
Read MoreFifty-four percent of investors voted to pass a shareholder resolution at the Phillips 66’s annual meeting this week asking the company to report on the public health risks of expanding petrochemical operations in areas increasingly prone to climate change-induced storms, flooding, and sea level rise.
Read MoreThis week, As You Sow received historically high majority votes on shareholder resolutions filed with Fastenal (61 percent) and Genuine Parts (79 percent). Both resolutions asked the companies’ board of directors to issue a report to shareholders describing the policies, performance, and improvement targets related to material human capital risks and opportunities.
Read MoreFollowing engagement with As You Sow, Republic Services Inc. has committed to publish a report on how the company can improve efforts to increase plastics recovery and recycling to address environmental problems caused by plastic pollution.
Read MoreThe Trump administration today announced its final fuel economy rule, rolling back more stringent Obama-era standards. These standards were considered some of the most ambitious and impactful policies to curb climate change emissions from the transportation sector, the largest source of U.S. emissions.
Read MoreFor the second year in a row, the U.S. Securities and Exchange Commission (SEC) has allowed Exxon to reject shareholders’ request for clear reporting on whether and how it intends to reduce its total carbon footprint in alignment with the global Paris goal of net-zero emissions by 2050. In a separate ruling, the SEC also allowed Chevron to avoid the question of whether it intends to align with the Paris goal.
Read MoreProxy Preview 2020, released today by As You Sow, the Sustainable Investments Institute, and Proxy Impact, offers a comprehensive look at more than 400 shareholder resolutions filed on environmental, social, and sustainable governance (ESG) issues.
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