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The Walt Disney Company – Chemical Management

November 18, 2022

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 …

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Costco Wholesale Corporation – Chemical Management (2022)

November 18, 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 …

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Costco – Environmental Reporting/Disclosure (2021)

September 9, 2021

WHEREAS: Climate change presents systemic portfolio risks to investors; a warming climate contributes to supply chain disruptions, lost productivity, commodity price volatility, adverse human health impacts, and regulatory risk, among others. The widely recognized Paris Climate Agreement established the imperative to limit global temperature increases well below 2 degrees Celsius to prevent the worst impacts of climate change. Alarmingly, the most recent science shows achieving this goas is now “extremely unlikely.” Thus, more urgent and ambitious action is needed from all sectors.  While Costco Wholesale Corporation (Costco) has adopted some initiatives to begin to address its climate impact, including installing …

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Sysco Corp – Climate Change (2020)

June 2, 2020

Whereas: Climate change present systemic risk to food-based businesses. The 2018 National Climate Assessment found “climate change presents numerous challenges to sustaining and enhancing crop productivity, livestock health, and the economic vitality of rural communities,” and rising temperatures are “the largest contributing factor to declines in the productivity of U.S. agriculture.” Not only is agricultural production susceptible to climate change, it also reportedly contributes up to 24 percent of global greenhouse gas emissions. Sysco Corporation (Sysco) derived roughly 85 percent of its FY19 sales from food, with principal product categories based around meat, dairy, poultry, and produce. Thus, the impacts …

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TJX Companies – Chemical Policy (2020)

December 17, 2019

Whereas: For investors the costs of environment chemical exposure to the health of the global economy raises significant concerns. Economic costs are rising: a 2017 study by researchers showed that costs associated with environmental chemical exposures worldwide likely exceed 10 percent of global GDP or 11 trillion dollars. At the same time, new analytical methods providing direct measures of toxic chemicals show that risks to human health may be dramatically underestimated. A recent National Institute of Health- supported study provides compelling evidence that human exposures to Bisphenol A, for example, is much greater than previous estimates that use indirect measurement …

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CVS Health Corporation – Sustainable Plastic Packaging (2020)

December 5, 2019

Whereas: Plastic pollution has become a critical and urgent global problem. Experts estimate 300,000 metric tonnes of plastic are polluted to the ocean from U.S. land sources every year. The global figure is eight to twelve million tonnes and is projected to increase rapidly. The environmental impacts of plastic pollution are vast, including significant harm to marine and terrestrial ecosystems and wildlife. Plastic waste breaks down and persists in the environment, eventually accumulating in agricultural soils, water supplies, food supplies, and the human body – with as yet unknown health repercussions. EPA data shows only 8.4 percent of plastic waste …

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Waste Management, Inc. – Plastic Pollution (2020)

November 27, 2019

Whereas: Plastic pollution has become a critical and urgent global problem. Experts estimate 300,000 metric tonnes of plastic are polluted to the ocean from U.S. land sources every year. The global figure is eight to twelve million tonnes and is projected to increase rapidly. The environmental impacts of plastic pollution are vast, including significant harm to marine and terrestrial ecosystems and wildlife. Plastic waste breaks down and persists in the environment, eventually accumulating in agricultural soils, water supplies, food supplies, and the human body – with as yet unknown health repercussions. Due to heightened global awareness of the impacts of …

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Sonoco Products Company – Sustainable Plastic Packaging (2020)

November 19, 2019

Whereas: Plastic pollution has become a pressing, unavoidable global problem. On a global basis, experts estimate that 8 to 12 million metric tonnes of plastic enter the ocean from land sources each year and this discharge is growing rapidly . According to EPA data for 2015, 34.5 million tons of plastic waste was generated in the U.S. and only nine percent was recycled; seventy five percent was sent to landfill. Experts estimate that 300,000 metric tonnes of plastic are polluted to the ocean from U.S. land sources every year – the equivalent of 65 dump trucks/day. Plastic waste breaks down …

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Starbucks – Plastic Recycling (2020)

September 26, 2019

WHEREAS an estimated 8 million tons of plastics are carried into oceans annually; by 2050 there could be more plastic than fish. Plastic beverage containers are among the most common items found in beach cleanups. One-half of Starbucks drinks are now cold drinks, most served in plastic cups, with no reported recycled content. Plastics degrade in water to small particles that animals mistake for food; plastic pollution impacts 260 species, causing fatalities from ingestion, entanglement, suffocation, and drowning. Former UN Undersecretary-General Erik Solheim called the issue “an ocean Armageddon.” As Starbucks and peers have fostered a wasteful “to go” disposable …

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General Mills – Pesticide Use (2019)

April 15, 2019

WHEREAS: Cheerios’ oats-based cereal was recently implicated in a report of food products containing residual amounts of glyphosate, the highly controversial ingredient in RoundUp. Glyphosate is classified as a probable human carcinogen by the World Health Organization and a known carcinogen by the state of California. Research links glyphosate-based herbicides to kidney damage and endocrine disruption even at low levels. Environmental consequences from glyphosate range from reduced effectiveness of antibiotic treatments to increased mortality among critical pollinators. Pre-harvest use of glyphosate is increasingly common for grains. Cheerios’ website claims its products are “made with the best oats possible.” However, the …

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