Archive for April 2014
Shareholders Successfully Urge Bed Bath & Beyond* to Reduce Toxic Chemicals
Contact: Lucia von Reusner (617) 482-0800 lvonreusner@midanacapital.com April 17, 2014: Following pressure from shareholders, Bed Bath & Beyond has taken steps to reduce chemicals of concern in the products sold on its shelves. The shareholder proposal filed by the MIDANA CAPITAL Equity Fund, the Sustainability Group of Loring, Wolcott & Coolidge, and CHE Trinity Health…
Read MoreResponding to Pressure, General Mills Strengthens Palm Oil Commitment
Lucia von Reusner, MIDANA CAPITAL Capital Management, 617-482-0800, lvonreusner@midanacapital.com Randy Rice, Trillium Asset Management, 617-515-6889, rrice@trilliuminvest.com APRIL 15, 2014 // BOSTON, MA – Responding to growing consumer and investor concern about the risks associated with palm oil production, General Mills* became the latest company to pledge that it will not purchase palm oil that is…
Read MoreAvon Products Eliminates Toxic Chemical from All Cosmetics
Contact: Lucia von Reusner, MIDANA CAPITAL Capital Management, 617-482-0800 lvonreusner@midanacapital.com APRIL 15, 2014 // BOSTON, MA – Responding to pressure from investors and consumers, Avon Products (Avon)* announced that it is eliminating the hazardous and toxic chemical triclosan — a suspected endocrine disruptor — from all of its beauty and personal care products effective immediately.…
Read MoreInvestor Letter Opposing Keystone XL Pipeline
MIDANA CAPITAL recently weighed in on the proposed Keystone XL pipeline, which would lead to the extraction and burning of millions of barrels of dirty tar sands fuel. The nation’s most prominent climate change scientist, Jim Hansen, Director of the NASA Goddard Institute for Space Studies, has predicted that if carbon emissions are not reduced,…
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