SEC Sides With Exxon to Deny Shareholder Vote on Stranded Asset Risk

Tuesday, the U.S. Securities and Exchange Commission (SEC) allowed ExxonMobil to reject a shareholder request for clear and targeted reporting on if and how it intends to reduce the risk of stranded assets related to its petrochemical investments like plastics, especially in consideration of the public, market, and governmental responses to plastic pollution, community health, and climate change.

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Mondelez International, PepsiCo Agree to Cut Use of Virgin Plastic, After dialogue with As You Sow

After engagement with As You Sow on reducing single-use plastic packaging which contributes to ocean plastic pollution, snack and confectionery company Mondelez International and food and beverage giant PepsiCo have agreed to cut their use of virgin plastic for packaging as part of increased efforts to eliminate and replace single-use plastics.

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