Blog Archives
Duke Energy Coal Resolution 2018
RESOLVED: Shareholders request that Duke Energy publish a report assessing the public health impacts of its coal use on rates of illness, mortality, and infant death, due to coal related air and water pollution in … MORE
Ameren Coal Resolution 2018
WHEREAS: The World Economic Forum 2015 Global Risk Report ranked water as the top societal risk facing the world in terms of potential economic impact. (1) The Human Right to Water, formally recognized by the … MORE
Pinnacle-West-Political-Expenditures-2017
RESOLVED: Shareholders request that Pinnacle West prepare a public report fully disclosing monetary and in-kind expenditures on political activities that cannot be deducted as an “ordinary and necessary” business expense under section 162(e) of the … MORE
Duke-Coal-Public-Health-2017
RESOLVED: Shareholders request that Duke Energy publish a report assessing the public health impacts of its coal use on rates of illness, mortality, and infant death, due to coal related air and water pollution in … MORE
NRG-Carbon-Asset-Risk-2017
RESOLVED: As You Sow, on behalf of NRG shareholders, requests that NRG prepare a public report, within 12 months of the Annual Meeting, describing how it will address the risk of stranded assets and coal … MORE
Ameren-Coal-2017
BE IT RESOLVED: Shareholders request that the Board prepare a complete report on the company’s efforts, above and beyond current compliance, to identify and reduce environmental and health hazards associated with past, present and future … MORE
One-Third Southern Company shareholders vote for more renewable energy
Atlanta Progressive News – May 28, 2016 — One-third of Southern Company shareholders voted for the Company to move more quickly from coal to renewable energy sources at a recent meeting of the Company’s shareholders.
RELEASE: Calling for Climate Action, $5 Billion in Southern Co. Shares Vote for Proposal Seeking Greenhouse Gas Reductions
AS YOU SOW RELEASE – June 1, 2015 – Citing climate change impacts and financial risks of carbon-intense coal assets, shareholders representing billions of dollars in investments voted for greenhouse gas reduction targets at Southern … 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
Dumping Coal Is Easy. But Who Will Divest the Rest?
Audubon – Sep. 09, 2014 Sometimes revolutions break out in unlikely quarters. On the sprawling and immaculately landscaped Stanford University campus in Palo Alto, California, 14 students cap their Memorial Day weekend in a stuffy … MORE
Coal
As You Sow’s Coal initiative works with coal-fired electric utilities and coal-based energy companies to substantially reduce or eliminate the growing financial, environmental, and health risks associated with burning coal. It urges the most at-risk companies to address the wide array of financial risks associated with continued reliance on coal and to begin a transition to cleaner energy. MORE
Southern Co to Report on Renewable Energy Efforts, Activist Says
REUTERS – March 27, 2014 – U.S. regional power utility Southern Company plans to produce a full report on its renewable energy projects, an activist group said on Thursday.
RELEASE: Southern Company Agrees to Report on Its Actions to Capture Value from Renewable Energy Investments
AS YOU SOW PRESS RELEASE – March 27, 2014 – After successful dialogues with environmental nonprofit organization As You Sow, Atlanta-based Southern Company, one of the largest utilities in the US, has agreed to produce … MORE
RELEASE: Ameren Improves 2013 Corporate Social Responsibility Report
AS YOU SOW PRESS RELEASE – March 25, 2014 – After engagement with environmental nonprofits As You Sow and the Midwest Coalition for Responsible Investment (MCRI), the St. Louis-based utility Ameren Corporation has released its … MORE
Southern Company – Coal – 2014
Shareholders request that the Southern Company prepare a report, reviewed by a board committee of independent directors, on policies the company could adopt to take additional near-term actions to reduce its greenhouse gas emissions consistent … MORE
Entergy – Coal – 2014
Shareholders request that the Entergy Corporation prepare a report, reviewed by a board committee of independent directors, on policies the company could adopt to take additional near-term actions to reduce its greenhouse gas emissions consistent … MORE
FirstEnergy – Coal – 2014
FirstEnergy, an Ohio-based energy producer, has agreed to produce a comprehensive report on the company’s plan to reduce greenhouse gas emissions. As a result, a shareholder resolution co-filed by DiNapoli, Connecticut Treasurer Denise L. Nappier … MORE
When It Comes to Getting Coal-Burning Utilities to Clean Up, Investors May Have More Power Than Regulators
FORBES – January 22, 2014 – Should asset managers ply the companies in which they invest to be more environmentally assertive?
Why Investors Should Focus On ‘Non-Financial Issues’
FORBES – January 17, 2014 – Once a nice corner of the market, analysis of environmental, social and governance (ESG) trends is increasingly taking centre stage, as illustrated by the recent news that the US … MORE
RELEASE: DiNapoli and Investor Group Reach Shareholder Agreement With FirstEnergy
AS YOU SOW PRESS RELEASE – January 15, 2014 – First Energy, an Ohio-based energy producer, has agreed to produce a comprehensive report on the company’s plan to reduce greenhouse gas emissions, New York State … MORE
Under Investor Pressure, Utility to Study Emissions
THE NEW YORK TIMES – January 14, 2014 – FirstEnergy, one of the country’s largest electric companies, has agreed to work toward reducing its carbon emissions in response to pressure from shareholders including New York … MORE
Dominion – Coal – 2011
As You Sow asked Dominion to report on the financial risks related to their reliance on coal.
Consumers Energy – Coal – 2010
Coal combustion waste (CCW) is a by-product of burning coal that contains high concentrations of arsenic, mercury, heavy metals and other toxins filtered out of smokestacks by pollution control equipment. CCW is often stored in … MORE
MDU Resources – Coal – 2010
Coal combustion waste (CCW) is a by‐product of burning coal that contains high concentrations of arsenic, mercury, heavy metals and other toxins that pollution control equipment filters out of smokestacks. Across the country, over 130 … MORE
Xcel Energy – Coal – 2011
Electric utility companies that rely on coal face numerous challenges and uncertainty regarding environmental compliance costs, coal price‐volatility, and the cost of carbon capture and storage for coal plants. Industry analysts (Bernstein Research, Jeffries & … MORE
PSEG – Coal – 2011
Electric utility companies that rely on coal face challenges and uncertainties regarding environmental compliance costs, coal price‐volatility, and the cost of carbon capture and storage. This unprecedented combination of forces has led utility companies such … MORE
Shareholders Re-Elect FirstEnergy Directors
Press Coverage
Dow Jones Market Talk: Investors Passive about U.S. Coal Power Risks
Press Coverage
A Different Kind of Climate Change
Historically, environmental and social shareholder proposals have failed to resonate with most investors. According to Proxy Monitor’s data from 2008 to 2010, the most likely resolutions to gain shareholder approval have related to relatively straightforward … MORE
Financial Risks of Investments in Coal
Press Coverage
As You Sow Reports on Investment Risks Associated with Coal
SOCIAL FUNDS – As shareowner support grows for resolutions addressing risks of reliance on coal and coal ash, a white paper details the decline of the industry’s profitability.
RELEASE: Financial Risks Continue to Mount for Coal‐Dependent Companies
As You Sow Press Release
RELEASE: Shareholders Press Utilities to Reduce Financial Risks of Coal
As You Sow Press Release
RELEASE: As Duke Become Nation’s Largest Utility, Shareholders Raise Questions About Continued Reliance on Coal
As You Sow Press Release
RELEASE: Shareholders Challenge Ameren to Disclose Plan to Reduce Costs and Risks of Coal
As You Sow Press Release
Shareholder Resolution Filed With Duke Energy Expresses Growing Concern Over Coal
TRIPLE PUNDIT – Duke Energy will hold its annual meeting next week, and as is the case with other utilities, non profit advocacy groups will press companies for more information on coal risk exposure. The … MORE
Coal Industry Faces Increasing Financial Risks
TRIPLE PUNDIT – Many people now realize that coal is a dirty fossil fuel. However, coal‐generated power may be an increasingly poor investment, as an updated version of As You Sow’s 2011 report, Financial Risks of Investments in Coal, shows. One of the biggest risks to coal is its low‐priced competitor, natural gas. In 2011, 42 percent of U.S. power output came from coal, down from 52 percent in 2000, while natural gas accounted for 25 percent, up from 16 percent in 2000. From July 2011 to July 2012, the amount of power from coal decreased to 39 percent while natural gas increased to 34 percent.
FirstEnergy – Coal – 2011
Resolved: Shareowners request that FirstEnergy’s Board of Directors, at reasonable cost and omitting proprietary information, issue a report by November 2011 on the financial risks of continued reliance on coal contrasted with increased investments in … MORE
FirstEnergy Coal 2012
Shareowners request that FirstEnergy Board of Directors report to shareholders by December 2012, at reasonable cost and omitting proprietary information, on plans to reduce our company’s exposure to coal‐related costs and risks, including progress toward … MORE
FirstEnergy – Coal – 2013
Shareowners request that FirstEnergy adopt strategies and quantitative goals to reduce the company’s impacts on, and risks to, water quantity and quality, above and beyond regulatory compliance, and to report to shareholders by September 2013 … MORE
