Blog Archives

Entergy – Climate Change – 2016

BE IT RESOLVED: With board oversight, shareholders request that Entergy create a report by October 2016 (at reasonable cost and omitting proprietary information) describing how Entergy could adapt its company-wide business model to significantly increase … MORE >

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American Electric Power – Climate Change – 2016

BE IT RESOLVED: Shareholders request AEP prepare a report by September 2016, omitting proprietary information and at reasonable cost, quantifying the potential financial losses to the company associated with stranding of its fossil fuel generation … MORE >

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Ameren – Climate Change – 2016

BE IT RESOLVED: Shareholders request that Ameren produce a public report, omitting proprietary information and prepared at reasonable cost, analyzing how Ameren could protect shareholder value, reduce the risk of stranded assets, and decrease its … MORE >

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Coca-Cola – Climate Change – 2016

BE IT RESOLVED: Shareholders request that Coca-Cola produce a report assessing the feasibility and climate benefits of adopting enterprise-wide, quantitative, time bound targets for increasing Coca-Cola’s renewable energy sourcing. The report should be produced at … MORE >

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Emerson Electric – Climate Change – 2016

BE IT RESOLVED: Shareholders request Emerson Electric issue a sustainability report describing the company’s present policies, performance, and improvement targets related to key environmental, social and governance (ESG) risks and opportunities. The report should be … MORE >

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Emerson Electric – Climate Change – 2016

BE IT RESOLVED: Shareholders request Emerson Electric adopt time-bound quantitative, company-wide goals, taking into consideration the most recent Intergovernmental Panel on Climate Change (IPCC) guidance for reducing total greenhouse gas (GHG) emissions, and issue a … MORE >

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RELEASE: Clean Power Plan Means Reduced Coal Emissions, Safer Utility Business Model

AS YOU SOW RELEASE – August 3, 2015 – Today the U.S. Environmental Protection Agency released the Clean Power Plan, a landmark regulation that will benefit consumers, businesses, and the environment alike.

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Green Muni Bonds Playbook

This fifteen page report provides guidance for cities and other public entities that issue municipal bonds to pay for infrastructure such as energy, water and transportation. It describes the state of the market, the benefits of issuing green bonds, how the market defines what is green and the steps cities need to take to access this growing market. MORE >

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RELEASE: New Report Offers Cities Guidance on Accessing the Vast Green Bond Market

AS YOU SOW RELEASE – July 28, 2015 – The U.S. branch of the Green City Bonds Coalition, a group of global organizations working to facilitate green bond expansion, has released The Green Muni Bonds … MORE >

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Utility Regulators Say They Can’t Get Texts

THE ARIZONA REPUBLIC – May 29, 2015 – Arizona’s utility regulators say they have done all they can to comply with a public records request but can’t access old text messages between a former chairman, … MORE >

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RELEASE: Pinnacle West Investors Representing $1.4 Billion Support As You Sow Proposal for Political Spending Disclosure

AS YOU SOW RELEASE – May 29, 2015 – In a strong referendum on corporate political spending, investors representing $1.4 billion in shares voted in support of lobbying transparency at Pinnacle West’s annual shareholder meeting. … MORE >

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RELEASE: Chevron Shareholders with $7.75 Billion in Stock Vote to Increase Dividends to Protect Investor Capital in the Face of Risky Investments in Costly Carbon Reserves

AS YOU SOW RELEASE – May 27. 2015 – An As You Sow and Arjuna Capital shareholder resolution calling on Chevron to increase dividends to shareholders in light of continued outsized spending on high-cost, high-carbon … MORE >

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Oil Company Bosses’ Bonuses Linked to $1tn Spending on Extracting Fossil Fuels

THE GUARDIAN – May 25, 2015 – Bosses at the world’s big five oil companies have been showered with bonus payouts linked to a $1tn (£650bn) crescendo of spending on fossil fuel exploration and extraction … MORE >

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Chevron Faces Shareholder Pressure Over Oil Exploration

FINANCIAL TIMES – May 24, 2015 – Asset owners concerned about climate change will have a chance to prove their commitment to the cause at Chevron’s annual general meeting this week. Resolution seven on the … MORE >

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RELEASE: Shareholders Vote for Greenhouse Gas Reductions at Midwest Utilities

AS YOU SOW RELEASE – May 21, 2015 – Citing climate change impacts and financial risks of carbon-intense coal assets, shareholders representing billions of dollars of assets voted for carbon reduction targets at FirstEnergy and … MORE >

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RELEASE: In Wake of Major Climate Votes at BP and Shell, How Will Chevron Shareholders Respond Next Week?

AS YOU SOW RELEASE – May 21, 2015 – The 2015 shareholder season has seen record-high votes by shareholders at BP (98 percent) and Shell (99 percent) seeking greater disclosure of climate-related risks. In less … MORE >

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Divest-Invest Philanthropy Campaign Could Attract $150bn in Assets by Year-End – As You Sow

RESPONSIBLE INVESTOR – May 11, 2015 – A campaign to encourage US investors to exit fossil fuels and invest in the new energy economy, which has won the support of investors holding $50bn (€44.6bn) in … MORE >

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Southern Shareholders to Consider ‘Green’ Vote

ATLANTA BUSINESS CHRONICLE – May 15, 2015 – Southern Co. shareholders will vote May 27 on a resolution calling for the Atlanta-based utility to set targets for carbon emissions.

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Shareholders Revolt Against Dark Money

BLOOMBERG – May 14, 2015 – On May 20, Pinnacle West Capital, the holding company that owns Arizona’s largest utility, will host its annual meeting at the Heard Museum in central Phoenix. Shareholders will elect … MORE >

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NGOs Launch Pension Fund Member Voting Platform for Supporting Shareholder Resolutions, Starting at Chevron

RESPONSIBLE INVESTOR – May 13, 2015 – A group of NGOs endorsed by the International Trade Union Confederation, which has millions of pension scheme members, has created an on-line pressure campaign that will enable members … MORE >

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Investor Groups Want Southern Co. to Report More GHG Data and Risks

E & E PUBLISHING – May 5, 2015 – Southern Co., the Atlanta-based utility serving 4.4 million customers in the Deep South, produces one of the most attractive annual reports on carbon emissions available within … MORE >

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Shareholders Seek Disclosure of APS’s Political Spending

THE ARIZONA REPUBLIC – April 23, 2015 – Arizona Public Service’s parent company has funneled campaign contributions to most of the state’s leaders in 2014.

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M.I.T. Debates Whether to Drop Fossil-Fuel Investments

SCIENTIFIC AMERICAN – Apr. 10, 2015 – Last night, speakers at the nation’s most prestigious engineering school held forth on an array of financial and educational strategies to crack the challenge of man-made climate change.

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RELEASE: Despite Chevron’s Legal Challenge, Shareholder Resolution on Economic Risks of Climate Change Going to Vote

AS YOU SOW RELEASE – March 18, 2015 – Just weeks before Chevron’s annual meeting, the Securities and Exchange Commission (SEC) ruled in favor of nonprofit As You Sow and wealth manager Arjuna Capital/Baldwin Brothers … MORE >

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SEC Splits Decision on Carbon Risk Proposals From Investors at Chevron, ExxonMobil

BLOOMBERG BNA – Mar. 18, 2015 – The Securities and Exchange Commission has responded to two similar climate change-related proposals from investors at Chevron Corp. and ExxonMobil Corp. in two different ways.

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Southern Company – Climate Change – 2015

BE IT RESOLVED: Shareholders request that Southern Company adopt absolute, quantitative time-bound goals for reducing total greenhouse gas (GHG) emissions from operations and report to shareholders by November 1, 2015 on its plans to achieve … MORE >

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Citigroup to Invest $100bn in Tackling Climate Change

THE GUARDIAN – Feb. 18, 2015 – Citigroup, the third largest US financial institution, on Wednesday said it will invest a whopping $100bn over the next decade to reduce the impacts of climate change. The … MORE >

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Burning Questions

PRIVATE WEALTH MAGAZINE – January 27, 2015

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RELEASE: British Petroleum Recommends Support for Climate-Related Shareholder Proposal

AS YOU SOW RELEASE – February 10, 2015 – The British Petroleum Board of Directors, following Royal Dutch Shell’s announcement last week, endorsed a shareholder resolution requiring the company to commit to reduce emissions and … MORE >

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Shell Endorses Shareholder Resolution That ‘Boldly Questions Its Own Business Model’

SUSTAINABLE BRANDS – February 3, 2015

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RELEASE: Royal Dutch Shell Endorses Shareholder Resolution on Climate Change

AS YOU SOW RELEASE – January 30, 2015 – The Royal Dutch Shell Board of Directors yesterday endorsed a shareholder resolution requiring the company to commit to reduce emissions and invest in renewable energy, to … MORE >

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A New Study Urges Leaving Fossil Fuels in the Ground. How Will It Affect Business?

THE GUARDIAN – January 8, 2015 – Climate researchers are urging that fossil-fuel extraction come to a complete halt if governments are to stall temperature rise. We asked business experts and investors to weigh in.

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Investors’ New Climate Calculation: Engage or Divest?

GREENBIZ – January 20, 2015

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Chevron – Carbon Bubble – 2015

BE IT RESOLVED: Shareholders request the Board of Directors to adopt and issue a dividend policy increasing the amount authorized for capital distribution to shareholders in light of the growing potential for stranded assets and … MORE >

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To Save the Planet, We Need to Leave Fossil Fuels in the Ground—but Oil Companies Have Other Plans

THE NATION – December 10, 2014 – A growing and powerful Greek chorus—composed of activists, environmentalists, billionaires, former Goldman Sachs partners, former Goldman Sachs partners who are also former Treasury secretaries, and a former vice … MORE >

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Shell – Climate Change – 2015

BE IT RESOLVED: That in order to address our interest in the longer term success of the Company, given the recognised risks and opportunities associated with climate change, we as shareholders of the Company direct … MORE >

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FirstEnergy – Climate Change – 2015

BE IT RESOLVED: Shareholders request that FirstEnergy create specific, quantitative, time bound carbon dioxide reduction goals to decrease the company’s corporate carbon dioxide emissions, and report by September 2015 on its plans to meet the … MORE >

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BP – Climate Change – 2015

BE IT RESOLVED: That in order to address our interest in the longer term success of the Company, given the recognised risks and opportunities associated with climate change, we as shareholders of the Company direct … MORE >

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Pinnacle West – Climate Change – 2015

BE IT RESOLVED: That the shareowners of Pinnacle West request the Board authorize the preparation of a report, updated annually, disclosing: (1) Company policy and procedures governing lobbying, both direct and indirect, and grassroots lobbying … MORE >

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Great Plains Energy – Climate Change – 2015

BE IT RESOLVED: Shareholders request that Great Plains Energy adopt quantitative, time bound, carbon dioxide reduction goals to reduce the company’s corporate carbon emissions, and issue a report by September 1, 2015, at reasonable cost … MORE >

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