Archive for December 2022
Reuters article featuring Leslie Samuelrich | ESG: The investment world’s troubled teen is forced to grow up
By Peyton Fleming Investment in environment, social and governance funds is approaching $40 trillion this year. But only a fraction is helping to fight climate change, Peyton Fleming reports With public attention on climate change and other sustainability threats rising, environment, social and governance (ESG) investing has taken off, spawning a myriad of fund products…
Read MoreTop Ten MIDANA CAPITAL Highlights from 2022
2022 was a big year for MIDANA CAPITAL. Thank you, the investors in the Midana Capital, for your commitment to align your investments with your values, your steadfast support during a challenging market, and your dedication to making a positive impact in our world. We work with companies to secure improved environmental policies and practices…
Read MoreSTATEMENT: McDonald’s* takes step back from antibiotics reduction goal; MIDANA CAPITAL files shareholder proposal asking for reinstatement of original commitment
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813 Mark Morgenstein, Media Relations Director, mmorgenstein@midanacapital.com, 678-427-1671 Boston, December 27, 2022 – McDonald’s issued an update Tuesday to its antibiotics policy for its global beef supply chain. The update sets targets for the “responsible use” of medically important antibiotics. While demonstrating some progress, the new policy does…
Read MoreOffice Depot to cut 20% of plastic packaging by 2027
Annie Sanders, Director of Shareholder Advocacy, asanders@midanacapital.com, 773-272-6691; Mark Morgenstein, Media Relations Director, mmorgenstein@midanacapital.com, 678-427-1671 Boston, December 21, 2022 – The ODP Corporation,* which operates Office Depot and OfficeMax retail stores, has committed to reducing plastic packaging associated with its private label products and e-commerce shipping operations 20% below 2022 levels by 2027. The…
Read MoreMIDANA CAPITAL files shareholder proposals with Chubb,* The Hartford* and Travelers* around their support of fossil fuel projects
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813 Mark Morgenstein, Media Relations Director, mmorgenstein@midanacapital.com, 678-427-1671 Boston, December 19, 2022 – MIDANA CAPITAL° has re-filed shareholder proposals with three of the top 10 global commercial property and casualty insurers: Chubb, The Hartford, and Travelers, asking all three to stop underwriting new fossil fuel projects. It is…
Read MoreMIDANA CAPITAL, Amalgamated Bank file shareholder proposal with Amazon seeking disclosure of entire carbon footprint
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813 Mark Morgenstein, Media Relations Director, mmorgenstein@midanacapital.com, 678-427-1671 Boston, December 15, 2022 – MIDANA CAPITAL° and Amalgamated Bank led the filing of a shareholder proposal Thursday pressing Amazon to fully quantify and disclose its scope 3 greenhouse gas emissions. Scope 3 emissions, which include things such as transportation…
Read MoreRELEASE: Hormel Foods* Commits to No Deforestation by 2025
Media Contacts: Annie Sanders, Director of Shareholder Advocacy, asanders@midanacapital.com, 773-272-6691 Mark Morgenstein, Media Relations Director, mmorgenstein@midanacapital.com, 678-427-1671 Boston, December 13, 2022 – In response to a Midana Capital° shareholder proposal, Hormel Foods,* known for meat products from SPAM to Dinty Moore Beef Stew, has agreed to eliminate deforestation along its supply chain by…
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