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How to Improve Sustainability Oversight

Raising awareness of sustainability as a board-level issue is a key theme of the Director’s Handbook on Oversight of Corporate Sustainability Activities, co-produced by Ernst & Young with the National Association of Corporate Directors. The handbook details the state of sustainability governance and offers a how-to-guide for companies to elevate … Read more »

Shareholders Want Firms to Cut GHGs

Environmental shareholder proposal submissions remain high in 2014, according to an Ernst & Young report on the 2014 proxy season. Let’s talk: governance, 2014 proxy season review finds proposals on environmental and social topics accounted for the largest category of proposals submitted at 45 percent — a 5 percent increase … Read more »

Oreo

Mondelez Asked to Ban Unrecyclable Packaging

A proposal to Mondelez International from As You Sow asking the snack food company to phase out unrecyclable packaging received 28.4 percent shareholder support representing $11.8 billion worth of shares at the food manufacturer’s annual meeting. Mondelez produces brands such as Oreo, Chips Ahoy!, Trident gum, and Philadelphia cream cheese. … Read more »

Investors Double Support for Environmental and Social Proposals

Investors Double Support for Environmental and Social Proposals

Support for environmental and social shareholder proposals at US public companies more than doubled between 2005 to 2011, according to a study by the IRRC Institute (IRRCi). During this time frame, average support for these proposals grew from about 10 percent to more than 20 percent, it says. At the … Read more »