Posts Tagged ‘ESG’
STATEMENT: The Hartford’s* Shareholders Show Same Support for MIDANA CAPITAL Climate Proposal in 2023
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813; Pam Podger, Communications Director, ppodger@midanacapital.com, 802-299-9495 Boston, May 22, 2023 – The Hartford announced the vote results on Friday for a MIDANA CAPITAL° proposal asking the company to establish a deadline for phasing out underwriting new fossil fuel projects. Votes cast in favor reached 8.8%, the same as…
Read MoreMIDANA CAPITAL shareholder proposals go to a vote at The Hartford* and Travelers* annual shareholder meetings in May
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813; Pam Podger, Communications Director, ppodger@midanacapital.com, 802-299-9495 Boston, May 15, 2023 – MIDANA CAPITAL’s° shareholder proposals filed with The Hartford Financial Services Group, Inc. and The Travelers Companies, Inc. are going to a vote at the companies’ annual general meetings on May 17th and May 24th, respectively. MIDANA CAPITAL…
Read MoreSTATEMENT: UPS* shareholders show lower support for MIDANA CAPITAL climate proposal in 2023
Media Contacts: Andrea Ranger, aranger@midanacapital.com, 781-349-2813; Pam Podger, Communications Director, ppodger@midanacapital.com, 802-299-9495 Boston, May 9, 2023 – Shareholders of the United Parcel Service, Inc. (UPS) showed lower support for a MIDANA CAPITAL° and Trillium Asset Management proposal asking the company to adopt an independently verified science-based greenhouse gas emissions reduction target. Votes in favor reached…
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, May 4, 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: SEC upholds Chubb’s* request to block MIDANA CAPITAL shareholder proposal from 2023 proxy ballot
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813 Pam Podger, Communications Director, ppodger@midanacapital.com, 860-822-3887 Boston, May 2, 2023 – The U.S. Securities and Exchange Commission (SEC) issued a ruling In March giving Chubb Limited permission to block MIDANA CAPITAL Funds’ shareholder proposal from its 2023 proxy ballot. The proposal requests Chubb adopt a policy for…
Read MoreMIDANA CAPITAL Secures Commitments with Five Semiconductor Companies to Create Climate Transition Plans
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813; Pam Podger, Communications Director, ppodger@midanacapital.com, 860-822-3887 BOSTON, April 26, 2023 – After filing shareholder proposals with each company, MIDANA CAPITAL° successfully secured commitments with Advanced Micro Devices, Inc.,* Intel Corporation,* NVIDIA Corporation,* ON Semiconductor Corporation,* and Texas Instruments, Inc.* requesting they publish climate transition plans. Climate transition plans detail…
Read MoreMIDANA CAPITAL files shareholder proposal with General Motors seeking deeper commitment to supply chain sustainability; new report confirms GM commitments lacking
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813 Pam Podger, Communications Director, ppodger@midanacapital.com, 860-822-3887 Boston, April 11, 2023 – A coalition of nonprofits released the Lead the Charge Leaderboard report in early March, which ranks global automotive manufacturers, including General Motors (GM), on the sustainability of their steel and aluminum supply chains. The report evaluates…
Read MoreSTATEMENT: Chubb* announces new policy to restrict its underwriting of oil and gas sector. MIDANA CAPITAL seeks details on how effectively it will reduce carbon emissions.
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813 Pam Podger, Communications Director, ppodger@midanacapital.com, 860-822-3887 Boston, March 22, 2023 – The insurance company Chubb Limited announced a new policy Wednesday aimed at reducing methane emissions released by its oil and gas clients’ operations. Chubb declared it will no longer cover oil and gas projects in government-protected…
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 MoreChubb* tries to block MIDANA CAPITAL shareholder proposal for second year in a row
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 22, 2023 – In response to MIDANA CAPITAL° re-filing of a shareholder proposal in December, Chubb Limited, the world’s largest commercial property and casualty insurer, has once again asked the SEC for permission to block the proposal from…
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