Blog Archives
Investor scorecard illustrates rising importance of transparency
Midland Reporter-Telegram – Feb. 11, 2016 – Regulators are not the only ones closely watching how operators are producing oil and natural gas.
Report: Most oil companies score low on fracking disclosures
Fuel Fix – Dec. 17, 2015 – A small group of oil and gas companies have gotten better at disclosing the health and environmental risks associated with hydraulic fracturing, according to a report card for … MORE
RELEASE: Oil Industry Fundamentals “Weakening” Under Structural Pressure
July 13, 2016 – Higher extraction costs. International supply competition. Falling profit margins. Mounting debt. Shrinking cash. Competing technologies. Rising regulatory risk. Social pressure due to climate change. Indicators are now flashing yellow for the … MORE
Unconventional Risks: The Growing Uncertainty of Oil Investments
Unconventional Risks: The Growing Uncertainty of Oil Investments, addresses a series of transformative changes in the global oil market, including sharply rising costs of reserve replacement, competition from new technologies, a global imperative to quickly reduce carbon, and the potential for demand disruptions. The report considers the financial stress these factors are causing and looks at possible future directions for these companies. MORE
The Power of a Shareholder Proxy
Yahoo Finance – February 19, 2016 – If you own stock in a publicly traded company, you’ll soon receive an email or package in the mail. Either will announce important issues up for a vote … MORE
Coalition Creates Guide For Green Muni Bonds
Financial Advisor – Coalition Creates Guide For Green Muni Bonds – July 30, 2015 – As municipal bonds have become an integral part of the environmentally conscious “green bonds” movement, a group of investment and advocacy … MORE
Green Bond Investment Reach $600 Billion
Green Biz – July 17, 2015 – Even before all the data was in, we knew that 2014 was a somewhat unexpectedly s trong year for green bonds.
RELEASE: Shareholders Urge Freeport-McMoran to Reduce Impacts of Urban Fracking
June 8, 2016 – Socially responsible investment firm Newground Social Investment, in partnership with shareholder advocacy group As You Sow (AYS), filed a shareholder proposal with Freeport-McMoRan asking the Company to report on steps it is … MORE
ExxonMobil Faces Showdown with Shareholders over Climate Change
Scientific American – May 25, 2016 – For years, Exxon Mobil Corp. has held its annual meeting here in a cavernous symphony hall downtown, where shareholders today will discuss the company’s future and cast their … MORE
RELEASE: Shareholders to Southern Company: Transition from Coal to Low-Carbon Business Model
Atlanta, GA – May 25, 2016 – Shareholder resolutions filed at Southern Company by shareholder advocacy group, As You Sow, and faith-based investor coalition, the Tri-State Coalition for Responsible Investment (“Tri-State CRI”) sent Southern Company’s … MORE
RELEASE: Groundbreaking As You Sow Shareholder Resolution Pushes Oil Companies to Drop Barrel Based Reporting
Oakland, CA – May 25, 2016 – Today, at ExxonMobil’s Annual General Meeting, shareholders will vote on what could prove to be the beginning of a sea change in how big oil companies look at … MORE
RELEASE: Nearly 40 Percent of Entergy Shareholders Demand Clean Energy Transition
New Orleans – May 11, 2016 – A shareholder resolution filed at Entergy by corporate responsibility group As You Sow and Arjuna Capital, a division of Baldwin Brothers Inc., received strong support from 37% of … MORE
Danielle Fugere: Avoiding the Fossil Fuel Cliff
Responsible Investor – May 9, 2016 – It is becoming clear to shareholders and companies alike this proxy season that “business as usual” is no longer a viable strategy for 21st century businesses. Recognizing the … MORE
STATEMENT: Signing of the Paris Climate Agreement Confirms That Future Carbon Reductions Are Coming
April 22, 2016 – This past December in Paris, over 190 countries reached an unprecedented international agreement to halt climate change, and As You Sow was there supporting strong action. Today in New York, the … MORE
SEC Overrides ExxonMobil Efforts to Stifle Shareholder Activism on Climate
Triple Pundit – March 28, 2016 – It is widely known that the wheels of justice — and of institutional change — turn slowly, especially when they turn against the well-established forces of the status … MORE
SEC Forces Exxon to Bring Climate-Friendly Accounting to Shareholder Vote
March 25, 2016 – In a key win, the Oakland-based non-profit advocacy group, As You Sow defeated ExxonMobil’s attempt to suppress an innovative, first of its kind shareholder resolution. The resolution asks Exxon to report its energy resources in … MORE
New Shareholder Resolution Incentivizing Big Oil’s Transition to Clean Energy, Wins at SEC
March 25, 2016 – In a key win, the Oakland-based non-profit advocacy group, As You Sow defeated ExxonMobil’s attempt to suppress an innovative, first of its kind shareholder resolution. The resolution asks Exxon to report … MORE
Carbon Asset Transition
Carbon Asset Transition, or CAT, asks oil and gas companies to account for their energy resources in BTUs, a generic unit of energy, rather than in “barrels of oil equivalent.” This allows oil & gas … MORE
RELEASE: New Shareholder Resolution Incentivizing Big Oil’s Transition to Clean Energy, Wins At SEC
AS YOU SOW RELEASE – March 25, 2016 – In a key win, the Oakland-based non-profit advocacy group, As You Sow defeated ExxonMobil’s attempt to suppress an innovative, first of its kind shareholder resolution. The resolution … MORE
Kroger – Energy – 2016
BE IT RESOLVED: Shareholders request that Kroger produce a report, by year end 2016, assessing the climate benefits and feasibility of adopting enterprise-wide, quantitative, time bound targets for increasing Kroger’s renewable energy sourcing. The report should be produced … MORE
Disclosing the Facts 2015
Disclosing the Facts 2015 is the fourth in a series of investor reports intended to promote improved operating practices among oil and gas companies engaged in horizontal drilling and hydraulic fracturing. Hydraulic fracturing operations often use toxic chemicals and high volumes of water, release significant levels of greenhouse gases and other pollutants, and have the potential to adversely impact local communities when not properly managed. These issues translate into financial risks to companies and shareholders in the form of fines, regulations, or threats to companies’ social license to operate. MORE
Freeport-McMoRan – Hydraulic Fracturing – 2016
BE IT RESOLVED: Shareholders request that the Board of Directors report on company actions being taken (excluding actions taken to comply with law) to reduce and mitigate potential health harms, environmental harms, and negative community … MORE
Carrizo Oil and Gas – Hydraulic Fracturing – 2016
BE IT RESOLVED: Shareholders request the Board of Directors report to shareholders, using quantitative indicators, by December 31, 2016, and annually thereafter, the results of company policies and practices above and beyond regulatory requirements, to … MORE
RELEASE: Fracking Scorecard: Despite Progress, 70 Percent Of Oil and Gas Companies Still Fail To Adequately Disclose Risks To Investors
AS YOU SOW RELEASE – December 17, 2015 – The 2015 edition of an annual investor scorecard ranking the 30 largest oil and gas companies engaged in hydraulic fracturing, or “fracking,” finds improved risk disclosure … MORE
ExxonMobil – Hydraulic Fracturing – 2016
BE IT RESOLVED: Shareholders request the Board of Directors report to shareholders, using quantitative indicators, by December 31, 2016, and annually thereafter, the results of company policies and practices above and beyond regulatory requirements, to … MORE
ExxonMobil – Climate Change – 2016
BE IT RESOLVED: Proponents request that, by February 2017 and annually thereafter in a publication such as its annual or CSR report, Exxon quantify and report to shareholders its reserve replacements in BTUs, by resource … MORE
Chevron – Climate Change – 2016
BE IT RESOLVED: Proponents request that, by February 2017 and annually thereafter in a publication such as the annual or CSR report, Chevron quantify and report to shareholders its reserve replacements in BTUs, by resource … MORE
Consolidated Edison – Climate Change – 2014
After dialogue with Consolidated Edison, the company took steps to address methane emissions, and As You Sow refrained from filing a shareholder resolution.
Southern Company – Climate Change – 2016
BE IT RESOLVED: Shareholders request that Southern Company prepare a report by September 2016, omitting proprietary information and at reasonable cost, quantifying potential financial losses to the company associated with stranding of its coal assets … MORE
Chevron – Hydraulic Fracturing – 2016
BE IT RESOLVED: Shareholders request the Board of Directors to report to shareholders via quantitative indicators on all shale plays where it is operating, by September 30, 2016, and annually thereafter, the results of company … MORE
Hess – Climate Change – 2016
BE IT RESOLVED: Shareholders request that Hess prepare and publish a report by September 2016, at reasonable cost and omitting proprietary information, disclosing the financial risks to the Company of stranded assets related to climate … MORE
Portland General Electric – Climate Change – 2016
BE IT RESOLVED: Shareholders request that PGE prepare a climate change adaptation report, by October 2016 and with board oversight (at reasonable cost and omitting proprietary information), quantifying the financial and operational risk to the … MORE
Newfield Exploration – Hydraulic Fracturing – 2016
BE IT RESOLVED: Shareholders request the Board of Directors report to shareholders using quantitative indicators, by December 31, 2016, and annually thereafter, the results of company policies and practices, above and beyond regulatory requirements, to … MORE
Avista – Climate Change – 2016
BE IT RESOLVED: With board oversight, shareholders request that Avista create a report by October 2016 (at reasonable cost, omitting proprietary information) describing how Avista could adapt its company-wide business model to significantly increase deployment … MORE
Pinnacle West – Lobbying – 2016
BE IT RESOLVED: Shareholders request that Pinnacle West prepare a public report, updated and presented to the appropriate Board committee annually, disclosing monetary and in-kind expenditures on political activities that cannot be deducted as an … MORE
Great Plains Energy – Climate Change – 2016
BE IT RESOLVED: Shareholders request Great Plains Energy prepare a report by September 2016, omitting proprietary information and at reasonable cost, quantifying the company’s potential financial losses associated with stranding of its fossil fuel generation … MORE
FirstEnergy – Climate Change – 2016
BE IT RESOLVED: Shareholders request that FirstEnergy 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 coal generation … MORE
Anadarko – Climate Change – 2016
BE IT RESOLVED: Shareholders request Anadarko to prepare and publish a scenario analysis report by September 2015, omitting proprietary information, describing how the Company will address the risk of stranded assets presented by global climate … MORE
What Exxon Didn’t Tell Their Shareholders
THE HILL – October 7, 2015 – Exxon was once a world leader in climate science. More than any other company or government at the time, Exxon developed deep insight into the dangers that burning … MORE
How Some Long-Term Investors are Fighting for Sustainability
TRIPLE PUNDIT – October 23, 2015 – Last week, Ceres and its Investor Network on Climate Risk released an illuminating analysis of how some major companies are responding to shareholder engagement on environmental, social and … MORE
