Blog Archives
Dominion – Climate Change – 2015
BE IT RESOLVED: Dominion shareholders request that the Compensation, Governance and Nominating (CGN) Committee, when setting senior executive compensation and/or bonuses, set forth a new compensation incentive that directly and periodically rewards specific, measurable reductions … MORE
CONSOL – Carbon Bubble – 2015
BE IT RESOLVED: Shareholders request CONSOL to prepare a report, by September 2015, omitting proprietary information and prepared at reasonable cost, on the Company’s strategy to address the risk of stranded assets presented by global … MORE
Anadarko – Carbon Bubble – 2015
BE IT RESOLVED: Shareholders request Anadarko to prepare a scenario analysis report by September 2015, omitting proprietary information, on the Company’s strategy to address the risk of stranded assets presented by global climate change and … MORE
Hess – Carbon Bubble – 2015
BE IT RESOLVED: Shareholders request Hess to prepare a scenario analysis report by September 2015, omitting proprietary information, on the Company’s strategy to address the risk of stranded assets presented by global climate change and … MORE
Oakland’s As You Sow pushes Exxon to return money to shareholders
SF GATE | Got to tip my cap to As You Sow. The Oakland group, which pushes for corporations to make social and environmental reforms, is demonstrating some real creativity — not to mention impeccable … MORE
Exxon Mobil should return profits to investors, not build more reserves
THE GUARDIAN | The oil giant should focus on value rather than investing money in expensive projects to build the very fossil fuel reserves that endanger its own – and the planet’s – survival.
Exxon Investors Seek Dividend Boost in Lieu of New Fields
BLOOMBERG – November 25, 2014 – Activist investors who called a truce with Exxon Mobil Corp. (XOM) this year over climate change disclosures demanded the world’s biggest energy company give cash to shareholders rather than … MORE
RELEASE: New Proxy Resolution Urge ExxonMobil to Return Capital to Shareholders in the Face of Global Climate Change & Carbon Asset Risk
AS YOU SOW PRESS RELEASE – November 25, 2014 – In a first of its kind proposal, Shareholders Arjuna Capital/Baldwin Brothers Inc. and As You Sow seek increased dividends or share buybacks from Exxon Mobil … MORE
ExxonMobil – Carbon Bubble – 2015
BE IT RESOLVED: Shareholders hereby approve, on an advisory basis, Arjuna Capital/Baldwin Brothers’ proposal: In light of the climate change related risks of decreasing profitability and stranded asset risk associated with planned capital expenditures on … MORE
Shareholders propose that Exxon Mobil return capital to offset climate change risk
PENSIONS & INVESTMENTS | A shareholder proposal filed Tuesday calls for Exxon Mobil Corp. to return capital to shareholders to protect investor value from potential risk of stranded fossil-fuel assets from climate change disruption.
Exxon Investors Demand Dividend Boost In Lieu Of New Oilfields
FINANCIAL ADVISOR | Activist investors who called a truce with Exxon Mobil Corp. this year over climate change disclosures demanded the world’s biggest energy company give cash to shareholders rather than invest in costly new … MORE
Berkshire Hathaway
Berkshire Hathaway Inc. is an American multinational conglomerate holding company that oversees and manages a number of subsidiary companies. The company owns GEICO, BNSF, Lubrizol, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, FlightSafety International, … MORE
Entergy – Climate Change – 2015
BE IT RESOLVED: Entergy shareholders request that the Board’s Personnel Committee, create a new compensation incentive, when setting senior executive compensation and/or bonuses, that directly and routinely rewards specific, measurable reductions of tons of carbon … MORE
Ameren – Climate Change – 2015
BE IT RESOLVED: Ameren shareholders request that the Board’s Compensation Committee, when setting senior executive compensation, include metrics for reduction of Ameren’s carbon output as one of the annual performance metrics for senior executives under … MORE
Emerson Electric – Climate Change – 2015
BE IT RESOLVED: Shareholders request that Emerson Electric issue a sustainability report describing the company’s environmental, social and governance (ESG) performance and goals, including greenhouse gas (GHG) reduction goals. The report should be available on … MORE
Green Bonds in Brief
Green Bonds in Brief: Risk, Reward, and Opportunity, a new report from As You Sow and the Cornell Institute for Public Affairs, offers a look at how green bonds are directing funds to environmental projects. MORE
The Divestment Movement is Gaining Steam. What Can it Achieve?
Grist – October 08, 2014 1:32 AM The most attention-grabbing event during the week of the U.N. Climate Summit was the People’s Climate March, of course. But the second most attention-grabbing event was perhaps the Divest-Invest coalition’s announcement that at least … MORE
ExxonMobil Understating Climate Change Risk to Investors
BLUE AND GREEN TOMORROW – September 12, 2014 – ExxonMobil is underplaying the risks presented to its business and investors by the need for international action to prevent climate change, according to a new report.
RELEASE: Carbon Tracker Report Debunks ExxonMobil’s Denial of Carbon Asset Risks
AS YOU SOW PRESS RELEASE – July 10, 2014 – Today, the Carbon Tracker Initiative (CTI) issued a report finding that ExxonMobil (XOM) – the largest U.S. energy company – is significantly underestimating the risks … MORE
Is Shell Guilty of Climate ‘Double Think’?
GREENBIZ – July 10, 2014 – Much has been made of the impact of the Carbon Tracker Initiative’s 2011 report on stranded assets on the fossil fuel divestment movement that has spread throughout college campuses … MORE
Wall Street: Your Climate War Has Arrived
NATIONAL JOURNAL – July 26, 2014 – An unlikely alliance hopes to transform investors into advocates in battles over global warming.
Oil Companies May Face Risk Of Stranded Assets
LAW360 – June 2, 2014 – A recent report by the Carbon Tracker Initiative (CTI), Carbon Supply Cost Curves: Evaluating Financial Risk to Oil Capital Expenditures, raises a warning to shareholders that up to $1.1 … MORE
Really? ExxonMobil Left the Risk Out of its Climate Risk Report
GREENBIZ – May 28, 2014 – Imagine cycling down a sweeping mountain road when you hit a dense patch of fog. You know there’s a hairpin turn ahead that runs across the lip of a … MORE
Shareholder Resolutions Gain Ground on ‘Stranded Assets’ Issue
E&E PUBLISHING – May 23, 2014 – Questions about oil and gas companies risking billions of dollars in stranded petroleum assets under potential new carbon regulations remained a hot topic this week, as three of … MORE
RELEASE: Record-Breaking Support for ‘Carbon Risk’ Resolution at Anadarko Petroleum
AS YOU SOW PRESS RELEASE – MAY 22, 2014 – Shareholders at Anadarko Petroleum Corporation, among the world’s largest independent oil and natural gas exploration and production companies, sent a strong message to management about … MORE
Climate Change
As You Sow’s Climate Change initiative is building a movement to pressure institutional shareholders to divest from fossil fuel-based energy and re-invest in a clean energy future. Shareholders are uniquely positioned to help shape our future energy economy both through their investment decisions and by directly engaging energy companies to re-examine the risks fossil fuels pose to their business models and to move them to develop cleaner energy profiles. We publish original financial research and create tools for companies and investors interested in addressing and removing carbon from their portfolios. The choices energy companies make to either prepare for a carbon-constrained future or continue investing in fossil fuels will significantly impact share value for years to come. MORE
RELEASE: Carbon Tracker Initiative Launches New Research Series Highlighting Risk of Stranded Assets
AS YOU SOW PRESS RELEASE – May 8, 2014 – The Carbon Tracker Initiative issued a report today indicating that many high cost, high carbon capital expenditures by fossil fuel companies are likely to have … MORE
Green Bonds
Green Bonds in Brief offers an in-depth guide into Green Bonds. Forty billion dollars in 2014. One hundred billion in 2015. That’s how much funding Green Bonds are projected to provide in the next year … MORE
The IPCC and ExxonMobil Have Very Different Thoughts About Our Future
MOYERS & COMPANY – April 23, 2014 – Earlier this month, we noted that shareholders were attempting to push ExxonMobil to recognize the importance of climate change and take into account the risks posed by … MORE
Exxon: Highly Unlikely World Limits Fossil Fuels
THE WASHINGTON POST – March 31, 2014 – On the same day the world’s climate scientists issued its latest report on climate change and the risks it poses to society, the nation’s biggest oil and … MORE
Exxon Sees Little Climate Change Risk to Assets
REUTERS – March 31, 2014 – Exxon Mobil Corp, the world’s largest publicly traded oil company, said on Monday that risks related to climate change pose little risk to its oil and gas reserves because … MORE
Exxon Warns Global Warming Targets ‘Unlikely’ to be Met
FINANCIAL TIMES – March 31, 2014 – ExxonMobil, the US oil group, said it was “highly unlikely” that the world would cut greenhouse gas emissions sufficiently to keep global warming within the internationally agreed limit … MORE
RELEASE: Shareholders: ExxonMobil Takes Crucial Step of Acknowledging Carbon Asset Risk … But More Is Needed
AS YOU SOW PRESS RELEASE – March 31, 2014 – In a much-anticipated report to shareholders today on stranded carbon asset risk, ExxonMobil expressed the view that there is limited basis for concern.
Exxon Mobil Gets Serious About Climate Risk
CNN MONEY – March 25, 2014 – ExxonMobil (XOM), America’s largest energy company, funded global warming denial groups for years. Now it has agreed to release a report by the end of March that details … MORE
Exxon Mobil’s Commitment to Carbon Asset Risk is Just the Beginning
THE GUARDIAN – March 24, 2014 – As ExxonMobil bows to pressure to report on its preparations for climate regulation, campaigners want investors to recognize that extractors may be forced to leave oil and gas … MORE
Exxon Mobil Agrees to Report on Plans For Low-Carbon Future, Carbon Risks
BLOOMBERG BNA – March 21, 2014 – Exxon Mobil Corp. has agreed to publish a report describing its plans for a future in which market forces and stricter climate regulation may leave some of its … MORE
RELEASE: Landmark Agreement with Shareholders: ExxonMobil Agrees to Report on Climate Change & Carbon Asset Risk
AS YOU SOW PRESS RELEASE – March 20, 2014 – In response to a shareholder resolution, Exxon Mobil (XOM) – the largest U.S. energy company, for the first time ever has agreed to publish a … MORE
Exxon Agrees to Disclose Its ‘Carbon Risk’
THE WALL STREET JOURNAL – March 20, 2014 – Exxon Mobil Corp. has agreed to disclose how the regulation of car- bon emissions could affect the value of its oil and gas holdings, a sign … MORE
Exxon Agrees to Detail Carbon Asset Risks – Activists
REUTERS – March 20, 2014 – ExxonMobil Corp will report on how it views the risks climate change could pose to the value of its assets, shareholder activists said on Thursday.
In Shift, Exxon Mobil to Report on Risks to Its Fossil Fuel Assets
THE NEW YORK TIMES – March 20, 2014 – Energy companies have been under increasing pressure from shareholder activists in recent years to warn investors of the risks that stricter limits on carbon emissions would … MORE
