USA Today: Shareholders Concerned about FedEx Link to Redskins
Earlier this week a ruling from the U.S. Patent and Trademark office revoked six trademarks belonging to the Washington, DC football team calling the name ‘disparaging’. A coalition of investors, including Trillium, has also recently announced a shareholder proposal with FedEx Corporation (NYSE:FDX) asking the company to “respond to reputational damage from its association with the Washington D.C. NFL franchise team” and its name controversy. Erik Brady, of USA Today Sports, writes: “…The filing represents a new battleground in the fight over the Washington club’s controversial team name — sponsors. FedEx owns the naming rights at the suburban Maryland …
Pesticide Disclosure and Policies – Hain Celestial Group (2014)
WHEREAS: Our company’s brand identity and value are strongly linked with health and wellness. A 2013 study by an accredited and independent lab, Eurofins, commissioned by Glaucus Research, alleged that ten of the 11 Celestial Seasoning teas in this study showed pesticide residue levels exceeding federally defined tolerance levels, or pesticides that did not have regulatory guidance. In response, the company commissioned its own test from a different laboratory that allegedly showed no levels of pesticide residues above regulatory guidelines. The company explained these results on its website, but did not disclose the actual test it had commissioned. We asked …
Sustainability Reporting Proposal at Chipotle Receives More Than 30% of Vote
May 2014: Shareholders sent a strong message to the management of Chipotle Mexican Grill (NYSE: CMG) on May 15, with roughly one in three votes cast in favor of a request for a sustainability report. The proposal received a 31.3% vote, representing $3.5 billion. The shareholder proposal, filed by Trillium Asset Management LLC and Domini Social Investments,as co-filer, requested the Board of Directors to: issue an annual sustainability report describing the company’sshort- and long-term responses to ESG-related issues. The report should include objective quantitative indicators and goals relating to each issue where feasible, be prepared at a reasonable cost, …
Lowe’s Commits to Greenhouse Gas Emission Targets – Trillium Withdraws Shareholder Proposal
May 27, 2014 // BOSTON, MA: Trillium Asset Management is pleased to announce that we have successfully withdrawn our shareholder proposal at Lowe’s (NYSE: LOW) following commitments from the company to set quantitative targets for the reduction of greenhouse gas emissions. Lowe’s has committed to setting a scope 2 reduction goal (emissions from purchased electricity), which targets the largest portion of the company’s emissions. The company has set an intensity goal to reduce green house gas emissions 20% by 2020. The target will be included in the company’s Social Responsibility report as well as in the company’s 2015 form …
Recent Comments