Lamb Weston Holdings – Pesticide Use (2019)
WHEREAS: Lamb Weston is a global supplier of frozen potato, sweet potato and vegetable products. The company states in public filings that its reputation would be adversely impacted by “[its] environmental impact, including use of agricultural materials.” Conventionally-grown potatoes are among the most pesticide-intensive crops grown in the U.S. Potatoes consistently rank in the top ‘dirty dozen’ of fruits and vegetables with heavy pesticide loads, according to government data examined by the Environmental Working Group. Widespread concern about the human health impacts associated with pesticide exposure is increasing. Scientists and health providers, including the American College of Obstetricians and Gynecologists, …
Tesla, Inc. – Sustainability Reporting (2019)
WHEREAS: Managing and reporting on environmental, social, and governance (ESG) topics, such as worker health and safety, resource usage, operational environmental impacts, and corporate governance policies helps companies compete in a business environment characterized by finite natural resources, changing legislation, and heightened public expectations for corporate accountability. Transparent, substantive reporting allows companies to gain strategic value from existing sustainability efforts and identify emerging risks and opportunities. Tesla has faced various criticisms for its health and safety performance in recent years, to which the Company has responded via sporadic blog posts. Proponents believe many of these damaging criticisms could have been …
Quanta Services – Sustainability Report (2019)
RESOLVED Shareholders request Quanta Services, Inc. (Quanta) issue a report describing the company’s environmental, social, and governance (ESG) policies, quantitative performance metrics, and improvement targets, including a discussion of greenhouse gas (GHG) emissions management strategies and metrics. This report should be updated annually, be prepared at reasonable cost, and omit proprietary information. SUPPORTING STATEMENT Quanta should consider the resources and recommendations made by the widely accepted Global Reporting Initiative, CDP, Sustainability Accounting Standards Board (SASB), and the Financial Stability Board’s Taskforce on Climate-related Financial Disclosures (TCFD) when identifying ESG topics to be included in this report. Proponents believe significant ESG …
Middleby Corporation – Sustainability Report (2019)
RESOLVED Shareholders request The Middleby Corporation (Middleby) issue a report describing the company’s environmental, social, and governance (ESG) policies, quantitative performance metrics, and improvement targets, including a discussion of greenhouse gas (GHG) emissions management strategies and metrics. This report should be updated annually, be prepared at reasonable cost, and omit proprietary information. SUPPORTING STATEMENT Middleby should consider the resources and recommendations made by the widely utilized Global Reporting Initiative, CDP, Sustainability Accounting Standards Board, and the Financial Stability Board’s Taskforce on Climate-related Financial Disclosures (TCFD) when identifying ESG topics to be included in this report. Proponents believe significant ESG issue …
Starbucks – Plastic recycling (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. UN Undersecretary-General Erik Solheim calls the issue “an ocean Armageddon.” As Starbucks and peers have fostered a wasteful “to go” disposable …
Acuity Brands – Corporate Sustainability Reporting (2019)
RESOLVED Shareholders request Acuity Brands, Inc. (Acuity) issue an annually updated sustainability report describing the company’s environmental, social, and governance (ESG) management strategies, quantitative performance, and improvement targets, including a discussion of climate change impacts and greenhouse gas (GHG) emissions. This report should be prepared at reasonable cost and omit proprietary information. SUPPORTING STATEMENT Proponents believe tracking and reporting on ESG strategies and performance strengthens a company’s ability to compete and adapt in today’s global business environment characterized by changing legislation and heightened public expectations for corporate accountability. Acuity has not disclosed the strategies it uses to manage its ESG …
Tesla – Corporate Sustainability Reporting (2018)
WHEREAS: Managing and reporting on environmental, social, and governance (ESG) topics such as worker health and safety, resource usage, operational environmental impacts, and corporate governance policies helps companies compete in a business environment characterized by finite natural resources, changing legislation, and heightened public expectations for corporate accountability. Transparent, substantive reporting allows companies to gain strategic value from existing sustainability efforts and identify emerging risks and opportunities. Recent reports show workforce injury rates at Tesla’s Fremont, CA facility were significantly higher than industry average from 2014-2016. Proponents are concerned that this alarming trend could also lead to litigation, production disruptions, reputational …
Alkermes – Sustainability Report (2018)
RESOLVED Shareholders request Alkermes plc. issue an annual report describing the company’s policies, strategies, quantitative performance metrics, and improvement targets on material environmental, social, and governance (ESG) topics. This report should be prepared at reasonable cost and omit proprietary information. SUPPORTING STATEMENT Alkermes should consider the resources and recommendations made by the widely accepted Global Reporting Initiative, CDP, Sustainability Accounting Standards Board, and the G20 Financial Stability Board’s Taskforce on Climate-related Financial Disclosures when identifying ESG topics to be included in this report. WHEREAS ESG issues can present significant risks and opportunities. Transparent, substantive reporting allows companies to publicize risk …
Middleby Corporation – Sustainability Report (2018)
RESOLVED Shareholders request The Middleby Corporation (Middleby) issue a report describing the company’s environmental, social, and governance (ESG) policies, quantitative performance metrics, and improvement targets, including a discussion of greenhouse gas (GHG) emissions management strategies and metrics. This report should be updated annually, be prepared at reasonable cost, and omit proprietary information. SUPPORTING STATEMENT Middleby should consider the resources and recommendations made by the widely accepted Global Reporting Initiative, CDP, Sustainability Accounting Standards Board, and the Financial Stability Board’s Taskforce on Climate related Financial Disclosures when identifying ESG topics to be included in this report. Proponents believe significant ESG issue …
Tractor Supply Company – Pesticides and Pollinator Decline (2018)
Tractor Supply states in its 2016 Corporate Stewardship Report that it “not only invests in initiatives to reduce its own environmental footprint, but also promotes sustainable living to its customers.” Tractor Supply currently sells products containing neonicotinoids (“neonics”), a class of systemic pesticide linked to dangerous declines in pollinators and other beneficial organisms, and negative impacts to land and water (International Union for Conservation of Nature; United States Geological Survey). Multi-year double digit declines in pollinators in the United States and Europe pose significant risks to our food systems. “Bee-pollinated commodities account for $20 billion in annual United States agricultural …
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