shareholder advocacy
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TD Bank to Improve Climate Risk Management
Boston, March 11, 2025 – TD Bank Group, the second-largest Canadian banking company, has agreed to evaluate its net-zero climate emissions goal in governance reviews and clarify the climate expertise on its board. TD committed to these measures in exchange for Green Century, Investors for Paris Compliance, and Vancity Investment Management withdrawing a recently filed…
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Bloomin’ Brands Strengthens Commitment to Protect Forests
Boston, February 20, 2025 – Bloomin’ Brands, parent company of several of the largest U.S. restaurant chains, has agreed to strengthen its commitment to protect forests when sourcing ingredients for its 1,480 restaurants around the world. The move came after Green Century Capital Management filed a shareholder proposal asking the company to assess its impact…
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Procter & Gamble Commits to Enhanced Disclosures Regarding Sourcing from Boreal Forests in Canada
Boston, December 17, 2024 – Procter & Gamble, the international consumer goods company, has agreed to provide additional information regarding its practices related to sourcing wood pulp from the boreal forests of Canada. The updates will reiterate the company’s aim to eliminate sourcing from intact forest landscapes and to protect primary forests. Among the world’s…
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Request for Review of TD’s Governance
November 22, 2024, Toronto, Ontario – Today, in light of governance concerns at TD Bank, including its money laundering scandal and stalled progress on its net zero commitment, Investors for Paris Compliance, along with Green Century Capital Management, Nomura Asset Management UK, and Vancity Investment Management, have filed a shareholder resolution requesting an independent review…
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STATEMENT: Lowe’s Announces Increased Sales of Electric Lawn Equipment
Boston, October 21, 2024 – Lowe’s Home Improvement, the world’s second-largest home improvement retailer, announced significant progress toward its goal of reducing the sale of gasoline-powered lawn care equipment at its stores across the United States and Canada. The company’s latest sustainability report disclosed that 60% of the powered lawn care equipment it sold, not…
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Costco Moves to Protect Forests Following Green Century Shareholder Proposal
BOSTON, October 16, 2024 – In response to a shareholder proposal from Green Century, Costco Wholesale Corporation committed to publishing a comprehensive deforestation assessment and action plan for its Kirkland Signature brand. In exchange, Green Century and co-filer Boston Common Asset Management agreed to withdraw the proposal. “Nature-related risks have emerged as a high priority…
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General Mills Shareholders Call for Less Plastic, More Truth in Recycling
BOSTON, September 24, 2024 – A noteworthy 40% of General Mills shareholders voted Tuesday in favor of a Green Century proposal urging the food company to assess how it can increase the scale, pace and rigor of its sustainability efforts, including reducing plastic packaging. The proposal also urged General Mills to ensure its recycling labels…
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Green Century Animal Welfare Proposal Draws 19% Support from Darden Shareholders
Boston, September 20, 2024 – A proposal filed by Green Century asking Darden Restaurants, Inc. to eliminate the use of gestation crates received 19.3% of the votes cast at the company’s annual meeting on Sept. 18. The use of gestation crates, which confine pregnant sows for weeks or months at a time, is widely considered…
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Investors Call on Chemours to Stay Out of the Okefenokee
Boston, September 4, 2024 – Twenty investors representing over $695 billion in assets under management delivered a letter to Chemours asking the chemical company to make permanent its near-term commitment to avoid mining at the Okefenokee swamp. The Okefenokee is one of the largest freshwater wetlands in the world, a massive carbon sink, and home…