Posts Tagged ‘ESG’
Green Century files shareholder proposal with General Motors seeking deeper commitment to supply chain sustainability; new report confirms GM commitments lacking
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@greencentury.com, 781-349-2813 Pam Podger, Communications Director, ppodger@greencentury.com, 860-822-3887 Boston, April 11, 2023 – A coalition of nonprofits released the Lead the Charge Leaderboard report in early March, which ranks global automotive manufacturers, including General Motors (GM), on the sustainability of their steel and aluminum supply chains. The report evaluates…
Read MoreSTATEMENT: Chubb* announces new policy to restrict its underwriting of oil and gas sector. Green Century seeks details on how effectively it will reduce carbon emissions.
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@greencentury.com, 781-349-2813 Pam Podger, Communications Director, ppodger@greencentury.com, 860-822-3887 Boston, March 22, 2023 – The insurance company Chubb Limited announced a new policy Wednesday aimed at reducing methane emissions released by its oil and gas clients’ operations. Chubb declared it will no longer cover oil and gas projects in government-protected…
Read MoreMorgan Stanley* to adopt new deforestation policies in response to Green Century Funds’ shareholder proposal
Media Contacts: Annie Sanders, Director of Shareholder Advocacy, asanders@greencentury.com, 773-272-6691; Mark Morgenstein, Media Relations Director, mmorgenstein@greencentury.com, 678-427-1671 Boston, March 7, 2023 – Morgan Stanley, one of the largest banks in the United States, has committed to strengthening its deforestation policies for clients around the world. In response, Green Century Funds° withdrew its related shareholder proposal…
Read MoreChubb* tries to block Green Century shareholder proposal for second year in a row
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@greencentury.com, 781-349-2813 Mark Morgenstein, Media Relations Director, mmorgenstein@greencentury.com, 678-427-1671 Boston, February 22, 2023 – In response to Green Century° re-filing of a shareholder proposal in December, Chubb Limited, the world’s largest commercial property and casualty insurer, has once again asked the SEC for permission to block the proposal from…
Read MoreADM moves to strengthen no-deforestation policy following Green Century° shareholder proposal
Media Contacts: Annie Sanders, Director of Shareholder Advocacy, asanders@greencentury.com, 773-272-6691 Mark Morgenstein, Media Relations Director, mmorgenstein@greencentury.com, 678-427-1671 Boston, February 9, 2023 – Archer-Daniels-Midland Company* (ADM), one of the largest agricultural companies in the world, has agreed to take important steps to help protect South American ecosystems critical to the fight against climate change. In…
Read MoreGreen Century files shareholder proposals with Chubb,* The Hartford* and Travelers* around their support of fossil fuel projects
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@greencentury.com, 781-349-2813 Mark Morgenstein, Media Relations Director, mmorgenstein@greencentury.com, 678-427-1671 Boston, December 19, 2022 – Green Century° has re-filed shareholder proposals with three of the top 10 global commercial property and casualty insurers: Chubb, The Hartford, and Travelers, asking all three to stop underwriting new fossil fuel projects. It is…
Read MoreGreen Century, Amalgamated Bank file shareholder proposal with Amazon seeking disclosure of entire carbon footprint
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@greencentury.com, 781-349-2813 Mark Morgenstein, Media Relations Director, mmorgenstein@greencentury.com, 678-427-1671 Boston, December 15, 2022 – Green Century° and Amalgamated Bank led the filing of a shareholder proposal Thursday pressing Amazon to fully quantify and disclose its scope 3 greenhouse gas emissions. Scope 3 emissions, which include things such as transportation…
Read MoreRELEASE: Hormel Foods* Commits to No Deforestation by 2025
Media Contacts: Annie Sanders, Director of Shareholder Advocacy, asanders@greencentury.com, 773-272-6691 Mark Morgenstein, Media Relations Director, mmorgenstein@greencentury.com, 678-427-1671 Boston, December 13, 2022 – In response to a Green Century Funds° shareholder proposal, Hormel Foods,* known for meat products from SPAM to Dinty Moore Beef Stew, has agreed to eliminate deforestation along its supply chain by…
Read MoreChevron* Exits Arctic National Wildlife Refuge After Green Century Shareholder Proposals Opposing Arctic Drilling
The oil and gas company informed Green Century that it had terminated its existing leases in the refuge, has no remaining stake in the Arctic, and is not pursuing any exploration projects in the region.
Read MoreSTATEMENT: Green Century Reacts to Vote at UPS* on Climate Shareholder Proposal
At UPS’ annual meeting in May, 28% of shareholders voted in favor of a Green Century proposal asking the company to adopt science-based greenhouse gas targets.
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