Target – Pesticide Disclosure (2024)
RESOLVED: Shareholders of Target Corporation (“Target”) request that the board of directors issue a report, at reasonable cost and omitting proprietary information, explaining if and how the company is measuring and curtailing pesticide use in its agricultural supply chains that cause harm to human health, pollinators, and the environment. SUPPORTING STATEMENT: While specific metrics are left to management’s discretion, shareholders recommend that Target disclose the following information: Type and quantity of pesticides avoided annually through targeted strategies in prioritized crops; Prioritization of pesticides for reduction or elimination aligned with classifications set by authoritative scientific bodies, including the World Health Organization …
American Water Works – Environmental Justice Assessment (2024)
Environmental Justice Assessment Resolved: Shareholders urge the board of directors to commission an independent, third-party environmental justice assessment (within reasonable time and cost) which assesses the racial impacts of American Water Works’ (“AWK”) operations and produces recommendations for improving them above and beyond legal and regulatory matters. Input from stakeholders, including civil rights organizations and affected community members, should be considered in determining the specific maters for assessment. A report on the assessment, prepared at reasonable cost and omitting confidential information, should be published on the company’s website. Supporting Statement: Proponents suggest that the assessment and report consider – Disparate …
United Parcel Service – Set Science Based Targets (2023)
Whereas: In 2018, the Intergovernmental Panel on Climate Change updated the goals of the 2015 Paris Agreement to advise that net carbon emissions must fall 45 percent by 2030 and reach net zero by 2050 to limit warming below 1.5 degrees Celsius, thereby preventing the worst consequences of climate change. Climate change poses risks to United Parcel Service (UPS). Exceeding 1.5 degrees is predicted to increase sea level rise, severe heat waves, floods, and hurricanes, which may lead to shipping delays, including from washed out roadways,[1] deterioration of bridge infrastructure,[2] and buckling[3] and flooding of airport runways.[4] Shipping delays related …
Quanta Services, Inc. – GHG Goals (2023)
Whereas: The Intergovernmental Panel on Climate Change has advised that greenhouse gas (GHG) emissions must be halved by 2030 and reach net zero by 2050 to limit global warming to 1.5 degrees Celsius. Exceeding 1.5 ° presents risks to the global economy and investors with global GDP loss estimated to be 11-14% by midcentury under current trajectories.[1] A warming climate is associated with supply chain disruptions, reduced resource availability, lost production, political instability, reduced worker efficiency, and adverse health impacts that disproportionally affect low-income communities and communities of color. Quanta Services Incorporated (Quanta) disclosed its Scope 1 and 2 emissions …
Bank of America Corp – No Fossil Fuel Expansion Policy (2023)
Whereas: Climate change poses a systemic risk, with estimated global GDP loss of 11-14% by midcentury under current trajectories.[1] Climate change is primarily caused by fossil fuel production and combustion, facilitated by funding from financial institutions. According to scientific consensus, limiting warming to 1.5°C means no development of new oil and gas fields or coal mines beyond those already approved.[2] Existing fossil fuel supplies are sufficient to satisfy global energy needs.[3] New supplies would not produce in time to mitigate current energy market turmoil resulting from the Ukraine War.[4] Bank of America (BAC) has committed to align its financing with …
The Walt Disney Company – Chemical Management
Resolved: Shareholders of The Walt Disney Company (“Disney” or the “Company”) request that the board of directors’ report to shareholders, at reasonable expense and excluding proprietary information, on the outcomes of the Company’s chemical reduction efforts by publishing quantitative and qualitative data on progress to eliminate the use of chemicals of concern. Supporting Statement: Shareholders leave the specific disclosures to management’s discretion, but recommended considerations include: • Evaluation of vendor compliance with the Company’s chemical policies; • Measure of chemical footprint in private label and third-party products; • Set reduction goals, and track and disclose progress against a baseline; and …
Costco Wholesale Corporation – Chemical Management (2022)
Resolved: Shareholders of Costco Wholesale Corporation (the “Company”) request that the board of directors’ report to shareholders, at reasonable expense and excluding proprietary information, on the outcomes of the Company’s chemical reduction efforts by publishing quantitative and qualitative data on progress to eliminate the use of chemicals of concern. Supporting Statement: Shareholders leave the method of disclosure to management’s discretion, but recommended considerations include: • Evaluation of vendor compliance with the Company’s chemical policies; • Measure of chemical footprint in private label and third-party products; • Set reduction goals, and track and disclose progress against a baseline; and • Disclosure …
United Parcel Service – GHG Goal Audit (2022)
Whereas: In 2018, the Intergovernmental Panel on Climate Change evaluated the goals of the 2015 Paris Agreement and advised that net carbon emissions must fall 45% by 2030 and reach net zero by 2050 in order to limit warming below 1.5 degrees Celsius and prevent the worst consequences of climate change. However, in 2020, the UN reported the world is “way off-track” from achieving these goals. (1) Exceeding 1.5 degrees Celsius presents risks to the global economy and investors: up to 10% of total global economic value is projected to be lost by 2050 under current emissions trajectories. A warming …
SBA Communications – GHG Goals (2022)
Whereas: In 2018, the Intergovernmental Panel on Climate Change evaluated the goals of the 2015 Paris Agreement and advised that net carbon emissions must fall 45% by 2030 and reach net zero by 2050 in order to limit warming below 1.5 degrees Celsius and prevent the worst consequences of climate change. However, in 2020, the UN reported the world is “way off-track” from achieving these goals. (1) Exceeding 1.5 degrees Celsius presents risks to the global economy and investors: up to 10% of total global economic value is projected to be lost by 2050 under current emissions trajectories. A warming …
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