Blog Archives

EPA’s long-awaited coal ash rule pleases nobody

UTILITY DIVE – December 28, 2014 – The Environmental Protection Agency’s just released final ruling on the handling of coal ash, four years in the making, satisfies none of the stakeholders.

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RELEASE: EPA Issues First-Ever Rule Regulating Toxic Coal Ash, But is it Enforceable?

AS YOU SOW PRESS RELEASE – December 19, 2014 – After years of delay, the U.S. Environmental Protection Agency (EPA) made history today by issuing the first-ever rule designed to regulate the harmful effects of … MORE >

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Chevron – Fracking – 2015

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, 2015, and annually thereafter, the results of company … MORE >

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ExxonMobil – Fracking – 2015

BE IT RESOLVED: Shareholders request the Board of Directors report to shareholders using quantitative indicators, by December 31, 2015, and annually thereafter, the results of company policies and practices, above and beyond regulatory requirements, to … MORE >

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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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Little Progress In Fracking Disclosures, Report Says

FINANCIAL ADVISOR MAGAZINE – December 12, 2014 – Oil and gas companies have made a little progress in reporting on their efforts to protect the environment during fracking operations, according to a report by a … MORE >

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Oil, Natural Gas Drillers Lag in Disclosing Risks

BLOOMBERG – December 11, 2014 – While a handful of shale drillers including BHP Billiton Ltd. (BHP) are providing better information to investors on the risks posed by fracking, industry wide efforts still fall short.

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Investor Scorecard Has Mixed Results for Shale Drillers

PITTSBURGH POST-GAZETTE – Dec. 11, 2014 – Several shale drillers operating in Pennsylvania’s Marcellus Shale were recognized for good industry practices in a second annual scorecard issued by a coalition of investment rims and advocacy … MORE >

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RELEASE: Fracking Scorecard – 2014 Investor Report Shows Few Energy Companies Willing To Disclose Practices

AS YOU SOW PRESS RELEASE – December 11, 2014 – A handful of the 30 largest oil and gas companies engaged in hydraulic fracturing, or ‘fracking’, have improved their standing in an annual investor scorecard … 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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Disclosing the Facts 2014

Disclosing the Facts 2014: Transparency and Risk in Hydraulic Fracturing Operations, an update to our 2013 report analyzing whether companies report their practices and progress in reducing risks of their hydraulic fracturing operations, was released today by As You Sow, Boston Common Asset Management, Green Century Capital Management, and the Investor Environmental Health Network. 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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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 >

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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 >

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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 >

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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 >

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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 >

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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.

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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 >

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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 >

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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 >

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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.

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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 >

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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 >

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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 >

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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 >

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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 >

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Emerson Electric Company

The Emerson Electric Company is one of the largest power equipment manufacturers in the U.S. As You Sow has engaged with Emerson Electric on issues regarding the company’s environmental, social and governance (ESG) performance and … MORE >

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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 >

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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 >

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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 >

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Exxon Fracking Report Responds to Shareholders

WASHINGTON POST – Sep. 30 2014 – Under pressure from the corporate responsibility group As You Sow, as well as New York City Comptroller Scott Stringer and other shareholders, Exxon agreed earlier this year to … MORE >

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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.

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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 >

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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 >

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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.

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