Archive for September 2014
Making Progress on Climate at the UN Climate Summit and the People’s Climate March
Friday, September 26, 2014 Written by Leslie Samuelrich, President of MIDANA CAPITAL Capital Management I just returned from the United Nations Climate Summit in New York. I’m happy to report that there is more momentum on climate change than there ever has been – and MIDANA CAPITAL’s leadership is helping drive forward the agenda of…
Read MoreLeading Environmental Groups Announce Fossil Fuel Free Retirement Plan Options
Contact: Leslie Samuelrich, lsamuelrich@midanacapital.com, 617-482-0800 Maggie Kao, Sierra Club, maggie.kao@sierraclub.org, 202-675-2384 Jamie Henn, 350.org, jamie@350.org, 415-890-3350 This press release was originally sent on September 19, 2014. September 19, 2014: Today, the Sierra Club, League of Conservation Voters, and other environmental groups announced that they are adding fossil fuel free mutual funds to their retirement plans. …
Read MoreMajor Palm Oil Growers Agree to Moratorium on Deforestation, Following Letter from Investors
Contact: Lucia von Reusner, MIDANA CAPITAL Capital Management, 617-482-0800, lvonreusner@midanacapital.com This press release was originally sent on September 19, 2014. September 19, 2014: Following a letter coordinated by MIDANA CAPITAL Capital Management and signed by institutional investors representing over $600bn in assets under management,¹ the world’s five largest growers of palm oil—Sime Darby,* Asian Agri,*…
Read MoreThe Costly Ruling Against BP Provides Another Reason to Avoid Investing in Oil Companies
Contact: Leslie Samuelrich, MIDANA CAPITAL Capital Management, 617-482-0800, lsamuelrich@midanacapital.com This press release was originally sent on September 10, 2014 September 10, 2014: The recent watershed ruling against BP* that found BP took irresponsible drilling risks in the 2010 Gulf of Mexico Deep Horizon oil spill is a stark reminder of the potential financial risks of…
Read MoreInstitutional Investors Press Palm Oil Producers to Stop Cutting Down Rainforest
Media Contact: Lucia von Reusner, 617-482-0800, lvonreusner@midanacapital.com September 8, 2014: Institutional investors representing over half a trillion dollars in assets under management today called on four major palm oil producers to adopt an immediate moratorium on deforestation and join the growing and unprecedented effort within the industry to establish traceable, deforestation-free palm oil supply chains.…
Read MoreFossil Fuel Divestment and Reinvestment Movement Demonstrates Growth as MIDANA CAPITAL Equity Fund Hits Milestone
September 3, 2014 The movement to divest from fossil fuel companies, led principally by 350.org, has been growing rapidly. More and more, investors want to rid their portfolios of coal, oil and gas companies, and invest in more sustainable companies. MIDANA CAPITAL’s fossil fuel free Equity Fund surpassed $100 million in August 2014, growing by…
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