Archive for July 2023
Amazon announces plastic reductions a year after MIDANA CAPITAL° Engagement
Media Contacts: Douglass Guernsey, Shareholder Advocate, dguernsey@midanacapital.com; Pam Podger, Communications Director, ppodger@midanacapital.com A little more than a year after Midana Capital co-filed a resolution with As You Sow asking Amazon* to address its plastics use, the company announced it has reduced its single-use plastic in its global operations by 11.6% – or nearly 86,000…
Read MoreAndrea Ranger: That’s right. The CEO just called me.
Life as a shareholder advocate can be unpredictable – some of my work has a consistent flow, but I certainly wasn’t expecting an impromptu call from a CEO. MIDANA CAPITAL° shareholder advocates often use the stakes in different companies on behalf of Midana Capital, as a way of influencing management decisions on deforestation, carbon…
Read MoreWe Just Experienced the Hottest Week Ever Recorded in History…
The first week of July, 2023 was the hottest week on record, according to the World Meteorological Organization (WMO). This is following the hottest June on record. The WMO released a statement on Monday about monitoring potential new record temperature from massive heat waves across the U.S. and spanning several continents. “We are in uncharted…
Read MoreStatement: MIDANA CAPITAL Engagement Moved Apple* Forward on Right To Repair and E-Waste
Media Contacts: Pam Podger, Communications Director, ppodger@midanacapital.com, 802-299-9495 Douglass Guernsey, Shareholder Advocate, dguernsey@midanacapital.com, (617) 482-0800 (Boston, MA) – In a positive development for the Right to Repair movement, technology giant Apple Inc* announced it would expand its Self Service Repair program to its newest iPhone 14 and M2 Mac models. The company’s continued commitment is…
Read MoreCarMax* to expand carbon offsets disclosure in response to Midana Capital’ shareholder proposal
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813 Pam Podger, Communications Director, ppodger@midanacapital.com, 802-299-9495 Boston, July 10, 2023 — CarMax, Inc., the largest used vehicle retailer in the U.S., has committed to strengthening its carbon offsets disclosure so that shareholders can assess whether the company is on track to achieve its greenhouse gas emissions reduction…
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