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Staples, Marriott to Push Suppliers to Participate in Chemical Footprint Tool

Staples, Marriott, Dignity Health, Trillium Asset Management and other US businesses representing more than $50 billion in investment and purchasing power will require vendors, suppliers and builders to use a new tool that measure the use of harmful chemicals in products and production processes. The initiative will begin June 17, according to … Read more »

Chemical Management Tool Launched

Target, Staples, Kaiser Permanente and the US Green Building Council are among the organizations that joined together today to launch the Chemical Footprint Project, a metric for publicly benchmarking corporate chemicals management and profiling leadership companies. The CFP will enable purchasers to preferentially select suppliers and investors to integrate chemical risk … Read more »

Investors Urge EPA to Regulate Methane Emissions

A group of investors with more than $300 billion in assets under management have urged the EPA to regulate methane emissions in the oil and gas industry. The agency is considering what measures it will take as part of President Obama’s Climate Action Plan – Strategy to Reduce Methane Emissions. … Read more »

Starbucks

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

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 »

wind power

Investment Firms Call for More Carbon Accounting

Institutional investors should start measuring, disclosing and reducing greenhouse gas emissions associated with their investments and portfolios to reduce policy, regulatory and financial risks associated with these emissions, according to a briefing developed by the United Nations Environment Programme Finance Initiative (UNEP FI) and a group of investors including Allianz, … Read more »

First Green Bank

Investment Firms, Banks Back Climate Initiatives

Some 22 US investment firms with about $240 billion in assets under management, led by the California State Teachers’ Retirement System (CalSTRS) and the Oregon State Treasurer’s office, have signed the Climate Declaration, calling upon federal policymakers to address climate change as an economic opportunity. These financial firms join more … Read more »

Shareholders Urge P&G to Take Financial Responsibility for Recycling

Procter & Gamble investors and public interest groups including As You Sow, Conservation Law Foundation, Cradle2 Coalition, Trillium Asset Management and Walden Asset Management are urging the company to support a pending shareholder proposal to study the feasibility of taking financial responsibility for recycling post-consumer product packaging. The organizations presented … Read more »