Posts Tagged ‘climate change’
Corning* Sets Ambitious Target to Reduce Greenhouse Gas Emissions; Embraces Development of Climate Transition Plan
Contact Information: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813 Pam Podger, Communications Director, ppodger@midanacapital.com, 802-299-9495 Boston, November 21, 2023 – In 2020, MIDANA CAPITAL° noticed that Corning Inc. did not have A greenhouse gas emissions (GHGs) reduction target that were ambitious enough to meet the goals of the Paris Agreement, a commitment signed in 2015 by…
Read MoreDouglass Guernsey – Behind the Scenes of a Shareholder Advocate
As a shareholder advocate at MIDANA CAPITAL°, I try to influence the world’s top companies to make better environmental decisions by meeting directly with corporate leaders. Much of this work happens on the computer or over the phone, but there is nothing like meeting in person – partially because you never know what to expect. …
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 Funds, as a way of influencing management decisions on deforestation, carbon…
Read MoreCarMax* to expand carbon offsets disclosure in response to MIDANA CAPITAL Funds’ 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…
Read MoreSTATEMENT: The New York Times* leans into a new commitment on net-zero emissions after discussions with MIDANA CAPITAL
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813; Pam Podger, Communications Director, ppodger@midanacapital.com, 802-299-9495 BOSTON, June 28, 2023 – After discussions with MIDANA CAPITAL°, The New York Times Company (The Times) set a net-zero by 2030 greenhouse gas emissions target covering its scope 1 and 2 emissions. MIDANA CAPITAL had approached the newspaper with concerns about…
Read MoreKraft Heinz Sets Global Policy to Eliminate Deforestation in Response to MIDANA CAPITAL Shareholder Proposal
Media Contacts: Annie Sanders, Director of Shareholder Advocacy, asanders@midanacapital.com, 773-272-6691 Pam Podger, Director of Communications, ppodger@midanacapital.com, 802-299-9495 Boston, June 28, 2023 – Kraft Heinz,* one of the largest food and beverage companies in the world, announced a first-ever Global Deforestation- and Conversion-Free Policy in response to a MIDANA CAPITAL Funds° shareholder proposal asking the…
Read MoreGoogle parent, Alphabet*, pledges greater transparency on use of carbon offsets after 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, June 26, 2023 – MIDANA CAPITAL° withdrew a shareholder proposal with tech giant Alphabet after the company agreed to provide greater visibility into its use of carbon offsets. Alphabet relies on carbon offsets, also known as carbon credits, to neutralize…
Read MoreSTATEMENT: MIDANA CAPITAL Earns 14.3% of Total Votes Cast for Proposal Asking General Motors* to Increase Supply Chain Sustainability
Media Contacts: Andrea Ranger, Shareholder Advocacy, aranger@midanacapital.com, 781-349-2813; Pam Podger, Communications Director, ppodger@midanacapital.com, 802-299-9495 Boston, June 20, 2023 – General Motors released the results of the shareholder vote on a MIDANA CAPITAL° proposal asking the company to improve the sustainability of its aluminum, steel, rubber, and leather supply chains. Votes cast in favor reached 14.3%…
Read MoreNotable 21% vote in favor of MIDANA CAPITAL Proposal to Set Greenhouse Gas Reduction Targets at Builders FirstSource*
Media Contacts: Douglass Guernsey, Shareholder Advocate, dguernsey@midanacapital.com, 617-482-0800 Pam Podger, Communications Director, ppodger@midanacapital.com, 802-299-9495 Boston, June 16, 2023 – Builders FirstSource, the country’s largest building product supplier to the professional market, released the vote result from its annual meeting of shareholders on Tuesday. MIDANA CAPITAL° received a notable 21% of the vote in favor…
Read MoreShareholders to Vote on MIDANA CAPITAL Resolution Urging General Motors* to Cut Emissions and Deforestation from its Supply Chains
Media Contacts: Andrea Ranger, Shareholder Advocacy, aranger@midanacapital.com, 781-349-2813; Pam Podger, Communications Director, ppodger@midanacapital.com, 802-299-9495 Boston, June 14, 2023 –The shareholders of the General Motors Company will vote Tuesday, June 20 on a MIDANA CAPITAL° shareholder proposal asking the company to improve the sustainability of its aluminum, steel, rubber, and leather supply chains. “While GM has…
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