Archive for May 2023
Google parent, Alphabet*, pledges greater transparency on use of carbon offsets after Green Century shareholder proposal
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@greencentury.com, 781-349-2813; Pam Podger, Communications Director, ppodger@greencentury.com, 802-299-9495 Boston, May 4, 2023 – Green Century° withdrew a shareholder proposal with tech giant Alphabet after the company agreed to provide greater visibility into its use of carbon offsets. Alphabet relies on carbon offsets, also known as carbon credits, to neutralize…
Read MoreWhat is the Definition of Fossil Fuel and Fossil Fuel-Free
Oil, gas, coal, and other fossil fuels are some of the world’s main energy sources, yet the environmental impact of extracting, burning, and transporting these fuels cannot be ignored. The fossil fuel free movement grew as people saw how using fossil fuels causes climate change and wanted to demonstrate their concern. Green Century Funds exclude…
Read MoreWhat is Shareholder Advocacy & Why is it Important
A popular term in the investment industry right now is shareholder advocacy, but what is considered shareholder advocacy and why has it become such a hot button topic? Shareholder advocacy is a tool that is used by investors to push a company to report on or change a policy, usually around environmental, social or governance…
Read MoreSTATEMENT: SEC upholds Chubb’s* request to block Green Century shareholder proposal from 2023 proxy ballot
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@greencentury.com, 781-349-2813 Pam Podger, Communications Director, ppodger@greencentury.com, 860-822-3887 Boston, May 2, 2023 – The U.S. Securities and Exchange Commission (SEC) issued a ruling In March giving Chubb Limited permission to block Green Century Funds’ shareholder proposal from its 2023 proxy ballot. The proposal requests Chubb adopt a policy for…
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