shareholder resolutions Archives - Environment+Energy Leader

Shareholders to Amazon, McDonald’s, Target, Walmart: Phase Out Polystyrene Foam

February 6, 2017December 9, 2022 by Jessica Lyons Hardcastle

The resolutions come as dozens of leading global brands endorsed a plan to ensure 70 percent of plastic packaging is reused and recycled globally, up from today’s recycling rate of 14 percent.

Shell to Shareholders: Support Climate Change Disclosure

February 2, 2015February 2, 2015 by Jessica Lyons Hardcastle

Shell has recommended its shareholders support a climate change resolution. In a letter to shareholders, the company says “Shell has a commitment to transparency.” The resolution, coordinated by ClientEarth, ShareAction and the Aiming for A Coalition, asks Shell to transparently: Stress-test its business models against the requirement to limit global ... Read more »

How to Improve Sustainability Oversight

October 10, 2014October 10, 2014 by Jessica Lyons Hardcastle

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

August 7, 2014August 19, 2014 by Jessica Lyons Hardcastle

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 »

Mondelez Asked to Ban Unrecyclable Packaging

May 23, 2014 by Jessica Lyons Hardcastle

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 »

Tyson Foods Tells Farmers Improve Pigs’ ‘Quality of Space’

January 22, 2014January 22, 2014 by Jessica Lyons Hardcastle

Tyson Foods has sent a letter urging its farmers to “implement improved ‘quality and quantity of space’ standards” for pregnant pigs, just weeks prior to facing a shareholder vote on the practice of using gestation crates to confine sows. As a result, Green Century Capital Management, the Humane Society of ... Read more »

General Mills’ Shareholders Vote on Post-Consumer Waste Strategies

September 20, 2013September 23, 2013 by Jessica Lyons Hardcastle

General Mills’ investors will ask the company to take responsibility for recycling its post-consumer packaging waste at the firm’s annual meeting Sept. 24. At the company meeting in Minneapolis, shareholders will vote on a resolution asking General Mills to assess post-consumer waste strategies, including a policy that shifts responsibility for packaging ... Read more »

Environmental, Social Topics Largest Category of Shareholder Proposals Filed

September 16, 2013September 16, 2013 by Leon Walker

Environmental and social (E&S) topics represent the largest category of shareholder proposals submitted in 2013, comprising just under 40 percent of all shareholder proposals filed, says an Ernst & Young report. E&S proposals also had the highest percentage of proposals withdrawn in connection with engagement at 30 percent, compared to ... Read more »

Shareholders to Tyson Foods: Disclose Pig Gestation Crates Risks

August 19, 2013 by Jessica Lyons Hardcastle

Tyson Foods’ shareholders have submitted a resolution asking that the meat giant disclose the financial and operational risks associated with its use of pig gestation crates. The Humane Society of the United States, investment firm Green Century Capital Management and the United Methodist Church Benefit Board jointly filed the proposal. ... Read more »

Nike, UPS, Starbucks Shareholders Demand GHG Cuts, Sustainability Reporting

August 15, 2013 by Jessica Lyons Hardcastle

Investors filed 110 shareholder resolutions this proxy season related to sustainability issues and climate change with 94 US companies, according to business nonprofit Ceres, which helped coordinate the shareholder filings. Among resolutions filed with major US manufacturers, consumer brands and service providers, many investors requested board oversight of corporate sustainability ... Read more »

PNC Investors Support Climate Change Risk Management

April 25, 2013April 15, 2022 by Jessica Lyons Hardcastle

Some 22.8 percent of PNC Financial shareholders representing more than $5.4 billion dollars have voted in support of a resolution asking the company to assess its exposure to climate change in its lending, investing and financing activities. This is the first time that shareholders have been able to vote on ... Read more »

DuPont, Abbott Investors Vote on GMO Resolutions

April 24, 2013April 19, 2022 by Jessica Lyons Hardcastle

DuPont shareholders today will vote on a resolution on genetically engineered seeds while Abbott Laboratories’ shareholders Friday will ask the company to remove GMOs from its infant formula and other nutritional products until long-term safety testing proves GMOs are safe. Pharmaceutical and nutritional product company Abbott uses genetically modified corn ... Read more »

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