Greenhouse Gas Emissions – Lowe’s Companies, Inc. (2014)
RESOLVED: Shareholders request the Board of Directors adopt quantitative goals for reducing total greenhouse gas emissions from Lowe’s Companies Inc. products and operations and issue a report by fall 2014, at reasonable cost and omitting proprietary information, on its plans to achieve these goals. Supporting Statement The economic, business, environmental and societal impacts of climate change are important to investors. According to the National Oceanic and Atmospheric Administration, 2012 marked the 36th consecutive year that global temperature was above average. Climate scientists have long predicted that rising levels of CO2 in the atmosphere will cause an increase in extreme weather …
Greenhouse Gas Emissions – Church & Dwight Co. (2014)
RESOLVED: Shareholders request the Board of Directors adopt quantitative goals for reducing total greenhouse gas emissions from Church & Dwight Co., Inc. products and operations and issue a report by fall 2014, at reasonable cost and omitting proprietary information, on its plans to achieve these goals. Supporting Statement: According to the National Oceanic and Atmospheric Administration, 2012 marked the 36th consecutive year that global temperature was above average. Climate scientists have long predicted that rising levels of CO2 in the atmosphere will cause an increase in extreme weather events, rising sea levels, and changes in agricultural production. In 2012, the …
Methane Emissions Targets – Spectra Energy (2014)
Whereas: Over a 20-year period, methane’s impact on temperature is 86 times that of carbon dioxide and therefore contributes significantly to climate change. The oil and gas industry accounts for 70% of energy-related methane emissions. Studies from Cornell, the University of Colorado and the University of Texas, among others, estimate highly varied methane leakage rates as a percentage of production, creating uncertainty and garnering attention from Forbes and The New York Times. Reducing methane emissions in upstream oil and gas production is one of four policies proposed by the International Energy Agency (IEA) that “could stop the growth in global …
Greenhouse Gas Emissions – Valmont Industries (2014)
Resolved: Shareholders request that Valmont Industries, Inc. issue a comprehensive report for reducing total greenhouse gas emissions from its products and operations based on current technologies and considering Intergovernmental Panel on Climate Change (IPCC) guidance. The report should include a review of the company’s plans and progress towards reducing total greenhouse gas emissions, be prepared at reasonable cost, omit proprietary information, and be made available to shareholders by November 2014 Whereas: Reporting and rigorously managing environmental, social, and governance (ESG) business practices helps companies compete in a global business environment characterized by finite natural resources, changing legislation, and heightened public …
Environmental Practices – Chevron (2013)
Environmental expertise is critical to the success of companies in the energy industry because of the significant environmental issues associated with their operations. Shareholders, lenders,host country governments and regulators, and affected communities are focused on these impacts. A company’s inability to demonstrate that its environmental policies and practices are in line with internationally accepted standards can lead to difficulties in raising new capital and obtaining the necessary licences from regulators. Chevron has repeatedly been cited for allegedly harmful environmental practices: In February, 2011, an Ecuadoran court judgment found Chevron liable for $8.6 billion arising from widespread contamination of Amazonian land …
Sustainability Report – Men’s Wearhouse, Inc. (2013)
WHEREAS: Reporting and rigorously managing environmental, social and governance (ESG) business practices make a company more responsive to a global business environment characterized by finite natural resources, changing legislation, and heightened public expectations. Reporting helps companies integrate and gain value from existing sustainability efforts, identify gaps and opportunities, and publicize innovative practices. The link between strong sustainability management and value creation is increasingly evident. A 2012 review conducted by Deutsche Bank of 100 academic studies, 56 research papers, two literature reviews, and four meta-studies on sustainable investing found 89% of studies demonstrated that companies with high ESG ratings also show …
Fugitive Methane Emissions Report – ONEOK (2013)
WHEREAS: Natural gas development has been publicized for its superior environmental profile; fugitive methane emissions in the oil and gas sector represent one of the most rapidly growing sources of anthropogenic methane emissions in the US, contributing 20 percent of short-term global warming impact. The promise of natural gas as a bridge fuel to a more sustainable energy future is under question given the high short-term climate impact. The Intergovernmental Panel on Climate Change estimates that methane has 25x the impact on temperature as CO2 over a 100 year period and 72x the impact over a 20 year period. Methane is …
Fugitive Methane Emissions Report – Range Resources (2013)
WHEREAS: Natural gas development has been publicized for its superior environmental profile; fugitive methane emissions in the oil and gas sector represent one of the most rapidly growing sources of anthropogenic methane emissions in the US, contributing 20 percent of short-term global warming impact.The promise of natural gas as a bridge fuel to a more sustainable energy future is under question given the high short-term climate impact of methane emissions. The Intergovernmental Panel on Climate Change estimates that methane has 25x the impact on temperature as CO2 over a 100 year period and 72x the impact over a 20 year …
Sustainable Palm Oil Policy – YUM! Brands – (2013)
RESOLVED: Shareholders request that the board of directors adopt and implement a comprehensive sustainable palm oil policy. Supporting Statement The environmental and social impacts of palm oil, an ingredient in our Company’s supply chain, make it highly controversial. Accordingly, we believe the Company’s failure to procure certified sustainable palm oil is a brand risk, to both our Company’s reputation and long-term to the security of supply. Approximately 85% of palm oil is grown in Indonesia and Malaysia, much of it on industrial plantations. According to the Union of Concerned Scientists, palm oil plantations are a large source of greenhouse gas …
Sustainability Report – Starwood Hotels and Resorts Worldwide (2013)
RESOLVED: Shareholders request that the Board of Directors begin issuing an annual sustainability report (at reasonable cost and omitting proprietary information) by October 2013. SUPPORTING STATEMENT Investors increasingly seek disclosure of companies’ social, environmental and governance (ESG) practices in the belief that they impact shareholder value. Many investors have concluded that companies which are good employers, environmental stewards, and corporate citizens, are more likely to generate stronger financial returns, better respond to emerging issues, and enjoy long-term business success. The United Nations’ Principles for Responsible Investment is an initiative whose members seek the integration of ESG factors into investment decision …
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