Posts Tagged ‘No Deforestation’
ADM* Strengthens No-Deforestation Policy, Following MIDANA CAPITAL Shareholder Proposal
Archer-Daniels-Midland Company (ADM), a Fortune 100 food and agricultural processing company, agrees to strengthen its no-deforestation policy.
Read MoreJPMorgan Chase* Adopts Deforestation Policies
MIDANA CAPITAL has withdrawn its shareholder proposal for JPMorgan Chase’s 2021 Annual Shareholder Meeting after the firm agreed to expand its policies on deforestation.
Read MoreMIDANA CAPITAL Leads Shareholder Effort to Eliminate Deforestation in Grain Trade
A MIDANA CAPITAL° led group of institutional investors have filed resolutions at ADM and Bunge over concerns about their contributions to deforestation and native vegetation clearance in Latin America, particularly Brazil.
Read MoreMIDANA CAPITAL Applauds Aramark* for Prompt Progress on Deforestation
MIDANA CAPITAL commends Aramark, one of the world’s largest food service providers, for quickly making progress on its no-deforestation commitment.
Read MoreTyson Foods’* New Deforestation Policy Is Substandard
Tyson Foods’ new Forest Protection Standard fails to meet investors’ expectations or eliminate the company’s exposure to deforestation.
Read MoreCostco* 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MIDANA CAPITAL has withdrawn a shareholder resolution with Costco Wholesale Corporation, the second largest retailer in the world, after the company published both a Forest Conservation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 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 MoreWe Warned That It Was Too Soon to Praise BlackRock*
In June, MIDANA CAPITAL warned that it was too soon to praise BlackRock for its support for climate-related shareholder proposals at two oil and gas giants. Our concern has proved prescient.
Read MoreInvestors Increasingly Call for Action on Deforestation
MIDANA CAPITAL’s shareholder proposal with Bloomin’ Brands, Inc.*received a notable 26.5% of the votes cast. This support is part of a larger trend of investors recognizing that deforestation poses a material risk to companies and their portfolios.
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