Trillium Successfully Withdraws Land Rights Shareholder Proposal at PepsiCo
APRIL 2014 // BOSTON, MA: Trillium Asset Management (Trillium) is pleased to announce the successful withdrawal of our 2014 shareholder proposal at PepsiCo (NYSE: PEP) following the company’s public adoption of a zero tolerance policy for illegal activities in its supply chain regarding land displacements of any legitimate land tenure holders. Trillium co-filed this shareholder proposal with Oxfam America requesting that the company address land rights issues throughout its supply chain. As the demand for sugar cane increases, there is concern over large-scale land grabs in developing countries that evict traditional farmers through coercion or fraud. Oxfam’s leadership and …
Ceres: Shareholders Seeking Stronger Responses from Companies as Climate Change Concerns Deepen
Record high climate-related resolutions seek improvements on issues like greenhouse gas reductions, flaring cutbacks and increased sustainable palm oil sourcing March 7, 2014: Motivated by mounting scientific evidence that human activity is a leading cause of climate change; major institutional investors are pushing for stronger actions from companies in climate-related shareholder resolutions in the 2014 proxy season. Led by Walden Asset Management, the New York State Comptroller’s Office, the California State Teachers’ Retirement System, Calvert Investments, the Connecticut Treasurer’s Office, Trillium Asset Management, Mercy Investments and Green Century Capital Management, 35 institutional investors have filed 142 resolutions in a coordinated …
Oxfam, AFL-CIO & Trillium File Shareholder Resolution Urging PepsiCo to Address Land Grabs
November 22, 2013: Oxfam, the AFL-CIO, Trillium Asset Management and several other investors today filed a formal shareholder resolution urging PepsiCo to account for land rights violations in its supply chain. A recent investigation by Oxfam revealed that companies supplying sugar to PepsiCo and its franchisees have been implicated in violent land grabs, pushing small farmers off their land and undermining their livelihoods. 33 investors representing more than $1.4 trillion in assets have issued a statement to companies in support of Oxfam’s Behind the Brands campaign and more than 250,000 people have already signed urging PepsiCo to declare zero tolerance …
Producer Responsibility for Packaging – Proctor & Gamble (2012)
WHEREAS product packaging is a significant consumer of natural resources and energy, and a major source of waste and greenhouse gas (GHG) emissions. More than half of U.S. product packaging –37 million tons – is discarded in landfills or burned rather than recycled. Packaging debris migrates to oceans where it damages fisheries, tourism and marine life. Paper and packaging comprise 43% of U.S. landfill waste. Nestle Waters North America says plastic bottles are the largest contributor to its carbon foot print; Coca-Cola Co. reports packaging is the largest part of the carbon footprint of several products. A recent analysis of …
Procter & Gamble – Extended Producer Responsibility (2011)
WHEREAS Product packaging is a significant consumer of natural resources and energy, and a major source of waste and greenhouse gas (GHG) emissions. More than half of U.S. product packaging –37 million tons – is discarded in landfills or burned rather than recycled. Packaging comprises nearly one-third of all U.S. landfill waste. Nestle Waters North America says plastic bottles are the largest contributor to its carbon foot print; Coca-Cola Co. reports packaging is the largest part of the carbon footprint of several products. A recent analysis of U.S. Environmental Protection Agency data estimates that the energy needed to produce and …
2009 Shareholder Advocacy At-A-Glance
Since Investing For A Better World is a quarterly publication, we lack the space to write about all of our advocacy initiatives in depth. But at the end of each proxy season, we attempt to give them all their due at least graphically! Elsewhere on this site, you’ll find the text of every shareholder resolution that we sponsor (and co-sponsor, in which we take a lesser role). Lead Files AT&T Omitted Internet privacy & freedom of expression CenturyTel 30.5% Internet privacy & freedom of expression Chevron 7% Strengthen global environmental standards ConocoPhillips 30.5% Report on impact of tar sands Dominion …
Indecent Exposure
Over the past year, the chemical bisphenol A (BPA) has received increasing scrutiny from consumers, scientists, regulators, the media and investors. You may have heard about it when Canada declared it unsafe. Or maybe when the water bottle manufacturer Nalgene (a brand of Thermo Fisher Scientific), announced it was phasing out its use of BPA. Or when Connecticut Attorney General Richard Blumenthal announced his office would investigate allegations that companies are using “fear tactics, political manipulation and misleading marketing” reminisent of Big Tobacco to fight regulation of BPA. Perhaps it was when California announced it might follow Connecticut, Minnesota, the …
Business and Water Scarcity: The Reports Are In
Benjamin Franklin wrote, “When the well is dry, we learn the worth of water.” Residents of cities around the world are learning that lesson right now. Atlanta risks running out of drinking water before the end of the year if a severe drought holds and the city doesn’t take dramatic steps to curb consumption or find new water supplies. On the other side of the globe, some Chinese cities must now dig wells 600 feet deep to find clean drinking water in regions where aquifers were eight feet below the surface just a few decades ago. Millions of residents of …
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