Posts Tagged ‘ESG’
Costco* Communicates Conservation and Climate Commitments
MIDANA CAPITAL has withdrawn a shareholder resolution with Costco Wholesale Corporation, the second largest retailer in the world, after the company published both a Forest Conservation Commitment and a Climate Action Plan.
Read MoreSTATEMENT: P&G Shareholders Resoundingly Support Deforestation Shareholder Proposal
Procter & Gamble (P&G) shareholders overwhelming voted in support of a MIDANA CAPITAL shareholder resolution, calling on the company to eliminate deforestation and forest degradation in its supply chain.
Read MoreMIDANA CAPITAL-led Coalition of Investors Warn Indonesia Legislation Threatens Tropical Forests
This week, MIDANA CAPITAL° released a letter, signed by 36 global investors, representing more than $4.1 trillion in assets under management, in opposition to a bill that would roll back the environmental protections that have helped stem deforestation across Indonesia.
Read MoreMIDANA CAPITAL Opposes U.S. Department of Labor’s Proposed Rule Limiting Proxy Voting by Retirement Plan Fiduciaries on ESG issues
MIDANA CAPITAL° strongly opposes the recently proposed U.S. Department of Labor rule aimed at suppressing proxy voting, especially on environmental, social, and governance (ESG) issues.
Read MoreExxon* Exposed: Oil and Gas Companies Continue to Lobby Against Climate Action
Even as oil and gas companies roll out slick new public marketing campaigns about their various “green” initiatives, behind the scenes they continue to spend millions of dollars lobbying against measures to combat climate change.
Read MoreBlackRock* and Other Large Asset Managers Aid and Abet Deforestation
A new Friends of the Earth report exposes the complicity of BlackRock, Vanguard,* and State Street* in global deforestation.
Read MoreShareholder Engagement and Divestment are Mutually Reinforcing
New study finds that divestment can make shareholder engagement more effective.
Read MoreMIDANA CAPITAL Presses Procter & Gamble* To End Deforestation and Forest Degradation in Its Supply Chain
MIDANA CAPITAL has filed a shareholder proposal with Procter & Gamble, one of the largest consumer packaged goods companies in the world, calling on the company to eliminate deforestation and forest degradation in its supply chain.
Read MoreCompany Spotlight: Unilever*
This summer, Unilever, a holding in the MIDANA CAPITAL MSCI International Index Fund, announced that it would invest more than $1 billion over the next decade to combat the climate crisis and achieve net zero emissions across its value chain by 2039.
Read MoreThe Rise of Divestment and Responsible Investing And the Fall of Fossil Fuel Companies
Responsible investing and divesting are working and the fossil fuel industry is reeling.
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