Posts Tagged ‘climate change’
Statement: Citigroup* adopts new policies to combat deforestation, raising the bar for US banks
Media Contacts: Annie Sanders, Director of Shareholder Advocacy, asanders@midanacapital.com, 773-272-6691 Pam Podger, Director of Communications, ppodger@midanacapital.com, 860-822-3887 Boston, March 30, 2023 – Citigroup, the third largest bank in the U.S., followed through on its agreement with MIDANA CAPITAL Capital Management° to adopt stronger deforestation policies in its newly released Environmental & Social Policy Statement.…
Read MoreMorgan Stanley* to adopt new deforestation policies in response to MIDANA CAPITAL Funds’ shareholder proposal
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, March 7, 2023 – Morgan Stanley, one of the largest banks in the United States, has committed to strengthening its deforestation policies for clients around the world. In response, MIDANA CAPITAL Funds° withdrew its related shareholder proposal…
Read MoreMIDANA CAPITAL engagement leads to formal commitment by EMCOR* to set science-based greenhouse gas emissions reduction targets
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813; Mark Morgenstein, Media Relations Director, mmorgenstein@midanacapital.com, 678-427-1671 BOSTON, DATE, 2023 – After engaging with MIDANA CAPITAL°, EMCOR Group, Inc. (EMCOR) has taken the next step in achieving its goal to limit its greenhouse gas emissions. It recently committed to establishing science-based greenhouse gas emissions reduction targets with…
Read MoreAmazon appeals to SEC to block MIDANA CAPITAL/Amalgamated Bank shareholder proposal from going to vote
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813 Mark Morgenstein, Media Relations Director, mmorgenstein@midanacapital.com, 678-427-1671 Boston, February 9, 2023 — Amazon.com Inc. released its Q4 2022 results on Thursday. The leading online retailer has begun Q1 of 2023 by sending a letter to the Securities and Exchange Commission (SEC) on January 20 arguing that a…
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 MoreInvestors in U-Haul’s Parent, AMERCO*, Show Strong Support for MIDANA CAPITAL Climate Resolution
MIDANA CAPITAL’s° shareholder proposal requesting AMERCO to adopt science-based greenhouse gas reduction targets in line with the Paris Agreement goal went to a vote Thursday.
Read MoreMIDANA CAPITAL Files Shareholder Proposal with U-Haul Parent, AMERCO*, Seeking a Pivot from its Lackluster Climate Ambitions
MIDANA CAPITAL filed a shareholder proposal with AMERCO, the parent company of the iconic moving vehicle rental company, U-Haul, requesting that the company set science-based greenhouse gas reduction targets aligned with the goals of the Paris Agreement.
Read MoreMIDANA CAPITAL, Trillium Asset Management and Zevin Asset Management File a Shareholder Proposal with the UPS* Calling for Ambitious Cuts to its Carbon Footprint
MIDANA CAPITAL°, Trillium Asset Management and Zevin Asset Management have filed a shareholder proposal with United Parcel Service, Inc. (UPS) to push the high-profile delivery company to cut its carbon footprint.
Read MoreMIDANA CAPITAL Files Shareholder Proposal with Chemours* to Protect Okefenokee National Wildlife Refuge from Mining
MIDANA CAPITAL filed a shareholder proposal with The Chemours Company asking it to address the serious risks associated with potential titanium mining next to the Okefenokee National Wildlife Refuge in Georgia.
Read MoreSTATEMENT: New SEC Legal Bulletin Will Allow Investors to File Stronger Shareholder Proposals Addressing the Climate and Biodiversity Crises
Under the new SEC guidance, shareholder advocates will have a greater ability to file both proposals on issues of significant social policy and ones that ask companies to achieve specific goals.
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