Shareholder Activism
IBM Shareholders Seek Transparency about Workplace Harassment and Discrimination
FOR IMMEDIATE RELEASE
Media Contact: Molly Betournay, 802-526-2525, [email protected]
Norwich, VT (November 8, 2021) –Clean Yield Asset Management has filed a shareholder proposal asking IBM to disclose the potential risks to the company associated with its use of concealment clauses…
2021 Proxy Season Wrap-up
It’s been a year. Between a race reckoning, a global pandemic, an attack on the U.S. Capitol and the core tenets of our democracy, a lot happened. Something else happened this past year. Shareholders held corporations to account on these…
Prioritizing pathways to net zero
Clean Yield is pleased to announce that as of August 2021, nearly 50% of our approved investments have set ambitious climate targets, aligned with the goals of the Paris Agreement. This is a very promising figure when compared to just…
FedEx Shareholder Proposal Demands Greater Accountability for Company’s Political Spending
FOR IMMEDIATE RELEASE
Media Contact: Molly Betournay, 802-526-2525, [email protected]
Norwich, VT (August 19, 2021) – In advance of FedEx Corporation’s annual shareholder meeting in September, proponents of a shareholder proposal have released a statement making a detailed case for their…
Hain Celestial: Shifting from Walk to Talk on Climate
Clean Yield is pleased to announce that longtime portfolio company, Hain Celestial, has committed to setting a science-based greenhouse gas emissions reduction target that will put the company’s climate objectives in line with the goals of the Paris Climate Agreement.…
Mid-America Apartment Communities Issues First Sustainability Report
In November, Mid-America Apartment Communities (MAA) issued its first annual sustainability report, at Clean Yield’s encouragement.
Faithful followers of Clean Yield’s advocacy program may remember that we filed a shareholder proposal at MAA in 2018 asking the company to issue…
Bank of America Puts the Freeze on Financing Arctic Oil and Gas Exploration
Earlier this week, Bank of America became the last of the big banks to state that it will not finance oil and gas exploration in the Arctic. This announcement from the company comes after years of pressure from environmental and…
The end is nigh: The fossil fuel reckoning is upon us
Photo credit: Jim Mendell
The headlines are coming fast and furious:
“Exxon Used to Be America’s Most Valuable Company. What Happened?”[i]
“BP Says the Era of Oil-Demand Growth Is Over”[ii]
“Stop Expecting Oil and the Economy to Recover”[iii]
“The End…
2020 Engagement Update
At Clean Yield, we believe in the power – and the privilege – of active stock ownership. The power lies in the ability to elevate different perspectives and voices and spark lasting changes that serve long-term shareholders and stakeholders. This…
Investors call on companies to protect workers during the pandemic
Clean Yield is pleased to join investors representing nearly $5 trillion in assets under management in calling on companies to take concrete steps to protect workers and the economy in the midst of this pandemic. ”Board directors are accountable for…
Wells Fargo takes big step to address workplace sexual harassment
Wells Fargo announces that it is ending the use of mandatory arbitration for workplace sexual harassment.
Wells Fargo announced today that it will end its use of mandatory arbitration for workplace sexual harassment claims going forward. This major advancement in…
Two Behemoths Make Noise with Bold Climate Commitments
On January 14, Larry Fink, CEO of the largest asset manager in the world, Blackrock, announced in a letter to CEOs and a letter to its clients that it plans to make sustainability the hub of its investment strategy. It…