Archive

Biodiversity resolution sees investor support at PepsiCo

A resolution urging PepsiCo to carry out a material biodiversity dependency and impact assessment has received support from 18% of shareholders, including some major institutional investors.

Costco to disclose plastic footprint following Green Century proposal

Costco emissions reduction shareholder proposal passed

A shareholder proposal calling on US retailer Costco to adopt greenhouse gas (GHG) emissions reduction targets secured support from more than two-thirds of investors despite the board urging it to be rejected.

News round-up: BlackRock, JP Morgan, RBC, UBS, and more

JP Morgan Chase agrees new policies on deforestation

Shareholders are increasingly using their muscle on deforestation

Most shareholder resolutions on deforestation led to some form of commitment from the company to address the problem, research has found.

Investors call on companies to commit to halting deforestation

A coalition of investors with $617.5 billion of assets under management, led by Green Century Funds, has called on companies to sign up to 'zero deforestation' commitments specific to Latin America.

Asset manager makes fund family fossil fuel-free

A responsible investment firm has announced that its fund family will be entirely fossil fuel-free, after deciding that natural gas is no longer a responsible investment.

Clean power to the people

The influential climate campaigner Bill McKibben has turned his sights on demanding that investors ditch fossil fuel stocks. Peter Cripps reports

Investors warn palm oil companies and financiers on climate change risks

A $270 billion investor coalition has called for palm oil producers and their financiers to adopt policies to ensure they do not contribute to climate change.