Posts Tagged ‘impact investing’
Green Century Withdraws Proposal After Vertex Pharmaceuticals* Commits to Setting First GHG Reduction Goal
Green Century has withdrawn its shareholder proposal with Vertex Pharmaceuticals, Inc., after it committed to setting its first company-wide goal to reduce greenhouse gas emissions by the end of 2019.
Read MoreRoyal Caribbean* Agrees to Improve Food Waste Disclosure, Following Green Century Pressure
Green Century withdrew a shareholder proposal with Royal Caribbean Cruises Ltd., the second largest cruise company in the world, after it agreed to make its food waste management and reduction strategies more public.
Read MoreBetter Late Than Never: Darden* Finally Announces Policy to Reduce Antibiotic Misuse in Its Supply Chain
Following a multi-year engagement with Green Century, Darden Restaurants, Inc., the largest casual dining operator in the U.S., yesterday announced that it was adopting a policy to phase out the use of medically important antibiotics in its chicken supply chain by 2023.
Read MorePressured by Green Century Proposal, Amazon* Commits to Cut Delivery Emissions by 50% by 2030
Green Century withdrew its shareholder proposal with Amazon, after it committed to carbon neutrality for half of its package deliveries by 2030, and indicated it would outline a broader vision for entirely carbon neutral deliveries in the future.
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 a Green Century IRA Right For You?
In the past, individuals concerned about climate change and environmental degradation may have shied away from IRAs, believing that green IRAs didn’t exist.
But they do! A Green Century IRA could help you achieve your retirement goals, in an environmentally-responsible way.
Read MoreGreen Century Joins Fray to Defend Shareholder Rights Under Siege By Corporate Interests
For several years, a number of corporate front-groups have been attempting to make it appreciably more difficult for shareholders to engage with the publicly traded companies in which they’re invested. To stop this attack, Green Century recently sent a letter to U.S. Securities and Exchange Commission Chairman Jay Clayton.
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.
Read More