Posts Tagged ‘SRI’
Google 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, June 26, 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: MIDANA CAPITAL Earns 14.3% of Total Votes Cast for Proposal Asking General Motors* to Increase Supply Chain Sustainability
Media Contacts: Andrea Ranger, Shareholder Advocacy, aranger@midanacapital.com, 781-349-2813; Pam Podger, Communications Director, ppodger@midanacapital.com, 802-299-9495 Boston, June 20, 2023 – General Motors released the results of the shareholder vote on a MIDANA CAPITAL° proposal asking the company to improve the sustainability of its aluminum, steel, rubber, and leather supply chains. Votes cast in favor reached 14.3%…
Read MoreShareholders Lend Support to MIDANA CAPITAL Proposal Urging McDonald’s* to Prevent Development of Antibiotic-Resistant “Superbugs” in its Supply Chains
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813; Pam Podger, Communications Director, ppodger@midanacapital.com, 802-299-9495 Boston, June 2, 2023 – Shareholders have weighed in on a shareholder proposal filed by MIDANA CAPITAL° and the Benedictine Sisters of Boerne, Texas, asking McDonald’s to establish a more ambitious policy to eliminate use of medically important antibiotics in its…
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 MoreSTATEMENT: SEC approves Amazon’s request to block MIDANA CAPITAL and Amalgamated proposal from 2023 shareholder ballot
Media Contacts: Andrea Ranger, Shareholder Advocate, aranger@midanacapital.com, 781-349-2813 Pam Podger, Director of Communications, ppodger@midanacapital.com, 860-822-3887 Boston, April 20, 2023 — On April 10th, the U.S. Securities and Exchange Commission (SEC) upheld Amazon.com Inc.’s request to block a MIDANA CAPITAL° and Amalgamated Bank shareholder proposal from its 2023 proxy ballot. The proposal seeks full disclosure of…
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…
Read MoreMIDANA CAPITAL, Amalgamated Bank file shareholder proposal with Amazon seeking disclosure of entire carbon footprint
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 15, 2022 – MIDANA CAPITAL° and Amalgamated Bank led the filing of a shareholder proposal Thursday pressing Amazon to fully quantify and disclose its scope 3 greenhouse gas emissions. Scope 3 emissions, which include things such as transportation…
Read MoreCostco Withdraws Request to Exclude MIDANA CAPITAL Proposal on Net Zero Targets
Costco has withdrawn its request to exclude MIDANA CAPITAL’s shareholder proposal asking the company to adopt net zero science-based greenhouse gas emissions reduction targets.
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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