Search results for: Kellogg
Kraft* Faces Shareholder Pressure to Address Deforestation, Exploitation in its Supply Chain
Contact: Lucia von Reusner, MIDANA CAPITAL Capital Management, 617-482-0800, lvonreusner@midanacapital.com Deforestation And Human Rights Violations May 14, 2015: Concerned that Kraft Foods is failing to manage deforestation and community exploitation taking place across its supply chains, a shareholder proposal urging the company to disclose how it is managing these controversial issues received support from nearly a…
Read MoreShareholders Support ADM’s* No-Deforestation Commitment at Annual Shareholder Meeting
Contact: Lucia von Reusner, MIDANA CAPITAL Capital Management, 617-482-0800, lvonreusner@midanacapital.com May 7, 2015: After working closely with Archer Daniels Midland (ADM) to develop its precedent setting no-deforestation sourcing commitment, MIDANA CAPITAL Capital Management will attend ADM’s annual shareholder meeting today to support the company as it officially announces its new policy. “ADM’s commitment to end…
Read MoreShareholders Persuade Top Agricultural Company to End Deforestation Across its Global Supply Chain
Contact: Lucia von Reusner, MIDANA CAPITAL Capital Management, 617-482-0800, lvonreusner@midanacapital.com March 31, 2015: Archer Daniels Midland (ADM),* the third largest supplier of agricultural commodities globally, has agreed to a precedent-setting policy to end deforestation across its global supply chains, with a particular focus on soy and palm oil production. MIDANA CAPITAL Capital Management, which manages…
Read MoreMIDANA CAPITAL Wins the Outstanding Achievement BENNY Award
Contact: Leslie Samuelrich, MIDANA CAPITAL Capital Management, 617-482-0800, lsamuelrich@midanacapital.com December 24, 2014: Last week, MIDANA CAPITAL Capital Management (MIDANA CAPITAL) won a 2014 BENNY award, sponsored by Corporate Ethics International for its “outstanding organizational achievement” on the International Palm Oil Campaign. This campaign successfully pushed major palm oil consumer companies including Kellogg’s,* Nestle,* Unilever,* Procter & Gamble,*…
Read MoreHow Your MIDANA CAPITAL Investments Curb Climate Change
THROUGH DIRECT INVESTMENTS Fossil Fuel Free Investing. Green Century does not invest in coal, oil and gas corporations, which make up the industry that has driven global warming more than any other. Sustainable Reinvestment. The Funds invest in companies that make products that reduce dirty energy use and carbon pollution. For example, both the Green Century Equity Fund and Balanced Fund…
Read MoreInvestors Applaud Bunge’s* Commitment to Decouple Palm Oil From Deforestation
Contact: Lucia von Reusner, MIDANA CAPITAL Capital Management, 617-482-0800, lvonreusner@midanacapital.com October 27, 2014: Today, global agribusiness giant Bunge Ltd (Bunge) joined the growing number of companies that have pledged to eliminate palm oil linked to deforestation from their global supply chains. Responding to concerns from investors and customers, Bunge announced today that 100% of the…
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 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 MoreFood Giant Conagra* Agrees to Eliminate Suppliers Engaged in Deforestation for Palm Oil
Contact: Lucia von Reusner LvonReusner@midanacapital.com (617) 482-0800 August 14, 2014: In response to a shareholder proposal filed by MIDANA CAPITAL Capital Management, Inc. (MIDANA CAPITAL) and the New York State Common Retirement Fund (the Fund), packaged food giant ConAgra Foods has agreed to eliminate any palm oil supplier engaged in deforestation by December 2015. Palm…
Read MoreInvestors Urge Krispy Kreme to Address Palm Oil Impacts
Contact: Lucia von Reusner, MIDANA CAPITAL Capital Management, 617-482-0800, lvonreusner@midanacapital.com July 1, 2014 Tony Thompson President and Chief Executive Officer Krispy Kreme Doughnuts, Inc. 370 Knollwood Street Winston-Salem, North Carolina 27103 Dear Mr. Thompson, The undersigned investors believe that companies that attend to environmental and social risks may enjoy competitive advantages. We are writing to…
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