Posts Tagged ‘shareholder advocacy’
MIDANA CAPITAL Commends Aramark* for No-Deforestation Commitment, Following MIDANA CAPITAL Engagement
MIDANA CAPITAL collaborated with Aramark, one of the world’s largest food service providers, to develop a robust no-deforestation commitment to be implemented by 2025.
Read MoreFood fight: Domino’s* Is Challenging a MIDANA CAPITAL Proposal to Limit Antibiotic Exposure of the Beef and Pork It Sources
MIDANA CAPITAL recently filed a shareholder resolution with Domino’s Pizza, asking it to reduce the use of medically important antibiotics used in the production of the beef and pork it sources. Domino’s challenged the proposal with the SEC.
Read MoreWe Hear You Loud and Clear: Verizon* Sends Strong Signal to Renewables Industry
After MIDANA CAPITAL filed a shareholder resolution with the company in November, Verizon announced a new commitment to source 50% of its entire electricity usage from renewable energy sources by 2025, a significant increase for one of the country’s largest energy consumers.
Read MoreVerizon* Commits to Source 50% of its Energy from Renewables by 2025, After MIDANA CAPITAL Engagement
MIDANA CAPITAL withdrew a shareholder proposal with Verizon, after the company announced a commitment to source the equivalent of 50% of its annual electricity usage from renewable sources by 2025.
Read MoreHow MIDANA CAPITAL Does Shareholder Advocacy – Financing Sustainable Palm Oil in Indonesia and Malaysia
Considerable strides have been made in palm oil sustainability in just the past six years. Since MIDANA CAPITAL began pressing palm oil growers and traders to make zero-deforestation commitments in 2012, the percentage of refined palm oil covered by these commitments has ballooned from 5% to 74%.
Securing these commitments has been instrumental in the effort to combat climate change, preserve habitats for endangered species, and mitigate potential financial risks for investors.
Read MoreHow MIDANA CAPITAL Does Shareholder Advocacy – Tropical Forest Protection in Indonesia and Malaysia
I just returned from Indonesia and Malaysia, where I met with palm oil growers, processors, and traders, and with banks that finance the development of palm oil, to press them to end deforestation. As a shareholder advocate, my job is to engage with companies and pressure them to improve their environmental practices.
MIDANA CAPITAL’s shareholder advocacy is unique. Our version of shareholder advocacy goes well beyond simply voting the proxies of the corporations in our Funds.
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