TJX Companies – Chemical Policy (2020)
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 …
CVS Health Corporation – Sustainable Plastic Packaging (2020)
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 …
Chipotle – Emissions and Climate (2020)
Whereas: In October 2018, the Intergovernmental Panel on Climate Change (IPCC) amplified the urgency behind the 2015 Paris Climate Agreement cautioning it will be necessary to limit global warming to 1.5 degrees Celsius, rather than two degrees Celsius, to minimize the worst impacts of climate change. Achieving this will require deep greenhouse gas (GHG) emissions reductions in all sectors. 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. …
Waste Management, Inc. – Plastic Pollution (2020)
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 …
Sonoco Products Company – Sustainable Plastic Packaging (2020)
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 …
United Parcel Service- Climate Change (2020)
Whereas: In 2018, the Intergovernmental Panel on Climate Change advised 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. The Fourth National Climate Assessment report (2018) finds that with continued growth in emissions, “annual losses in some U.S. economic sectors are projected to reach hundreds of billions of dollars by 2100.” Climate change impacts present risks to investors. A warming climate is associated with increased supply chain disruptions, reduced resource availability, lost production, commodity price volatility, infrastructure damage, …
Marathon Petroleum – Climate Change (2020)
RESOLVED: Shareholders request that the Marathon Petroleum Corporation (“Company”) board of directors develop a strategy to increase the scale and pace of the Company’s efforts to reduce its contribution to climate change, including establishing any medium- and long-term goals deemed appropriate by board and management that demonstrate this increased pace, with an eye toward the global commitments of the Paris Agreement. SUPPORTING STATEMENT: In 2016 the Paris Agreement set a goal of keeping global temperature rise well below 2 degrees Celsius. This has resulted in national, state, and local regulations to address climate change and reduce greenhouse gas (GHG) emissions, …
J. B. Hunt – Climate Change (2020)
Whereas: In 2018, the Intergovernmental Panel on Climate Change advised that net carbon emissions must fall 45 percent by 2030 and reach net zero by 2050 to limit warming below 1.5°C thereby preventing the worst consequences of climate change. The Fourth National Climate Assessment (2018) reports that with continued growth in emissions, “annual losses in some U.S. economic sectors are projected to reach hundreds of billions of dollars by 2100.” Climate change impacts present systemic portfolio risks to investors. A warming climate is associated with supply chain dislocations, reduced resource availability, lost productivity, commodity price volatility, infrastructure damage, and an …
JP Morgan – Financing Related to the Arctic and the Canadian Oil Sands (2020)
Whereas: Climate change is a global challenge that continues to gain widespread attention for its numerous, significant environmental and social impacts. Particular subsectors of fossil fuels, including Arctic and Canadian tar sands (also referred to as oil sands), have become hot button political issues, because of their particular impacts on the climate, the local environment, and Indigenous rights. Protests surrounding the Keystone XL and Line 3 pipelines and opposition to drilling in the Arctic are among the high-profile concerns. JPMorgan is reportedly the largest global lender and underwriter to the top 30 companies operating in Arctic oil and gas, and …
Starbucks – Plastic Recycling (2020)
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 …
Recent Comments