Posts Tagged ‘deforestation’
Green Century Endorses the California Deforestation Free Procurement Act
Green Century is proud to endorse the California Deforestation Free Procurement Act (AB 572), which would require all companies contracting with California to demonstrate “deforestation-free” supply chains for any products – such as palm oil, soy, cattle, rubber, paper or pulp, and timber – linked to deforestation.
Read MoreKroger* to Adopt Deforestation Policy, Following Green Century Engagement
Green Century is pleased to announce that Kroger, the largest grocery chain in the U.S., will develop and implement a no-deforestation policy that will cover its private label products.
Read MoreHow Green Century Does Shareholder Advocacy – Strengthening RSPO Standards on Sustainability
In Malaysia, Green Century Shareholder Advocate Jessye Waxman attended the 15th Annual General Assembly of the Roundtable on Sustainable Palm Oil (RSPO), the world’s largest third-party certifier for sustainable palm oil. It was an important meeting as the RSPO was poised to consider enhanced certification standards.
Read MoreBlackRock* Bluster? Green Century Questions BlackRock’s Exposure to Deforestation Through Its Financing Practices
Today, Green Century sent an inquiry letter to BlackRock, regarding its strategies and policies to address and mitigate its exposure to deforestation through its financing practices.
Read MoreIs ESG Hot Air Contributing to Climate Change?
It was only a matter of time. As more and more financial institutions claim to be green or responsible or sustainable, eventually someone was going to ask them to prove it.
Recently, eight U.S. senators did just that. The senators sent letters to the heads of eleven investment firms, asking how they managed the environmental, social, and governance (ESG) risks related to tropical deforestation.
Green Century applauds these senators for asking appropriate questions about firms’ deforestation-linked investments. It’s equally important that individual investors start asking tough questions, too.
Read MoreGreen Century Commends Aramark* for No-Deforestation Commitment, Following Green Century Engagement
Green Century collaborated with Aramark, one of the world’s largest food service providers, to develop a robust no-deforestation commitment to be implemented by 2025.
Read MoreAramark Commits to Protect Tropical Forests, After Green Century Engagement
Aramark* serves two billion meals a year in schools, hospitals, sports stadiums and more, so the environmental ramifications of Green Century’s recent engagement with the company will be substantial.
Following a meeting in Green Century’s office in Boston, Aramark agreed to develop and fully implement a no-deforestation commitment within six years. Consequently, Green Century withdrew the shareholder resolution it had filed with the company.
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