ESG Archive

May 05, 2023
Investors with $10 tn in assets urge companies to reduce use of plastics
A coalition of 185 investors has called on companies to take a more ‘radical approach’ to lowering their use of plastics given the growing financial and reputational risks. The investors have written to issuers in the fast-moving consumer goods (FMCG) and grocery retail sectors, such as Britvic, Danone and Target Corp, calling for them to ‘act more swiftly to address the plastics crisis’. ‘Companies must set a clear vision to drastically reduce cons...
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May 03, 2023
Almost third of votes back climate proposal at Goldman Sachs
A shareholder proposal seeking information about Goldman Sachs’ plans to shift away from greenhouse gas (GHG) emissions in areas where it is providing finance garnered almost a third of the votes cast at the bank’s AGM on April 26. According to an SEC filing, the resolution was backed by 30 percent of votes placed, a level of support generally regarded as significant among corporate governance experts. The vote comes as shareholder advocates and shareholders inc...
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Apr 19, 2023
Comcast facing 401(k) climate change resolution
Comcast Corporation shareholders appear set to vote on a proposal about the company’s retirement plan and how it may be impacted by climate change. The SEC has denied a request from the media and telecoms company for the green light to omit the proposal from its 2023 proxy statement. The resolution at issue, which was filed ...
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Apr 10, 2023
How PepsiCo secured an ESG reporting hat trick
This is the third year in succession that PepsiCo has taken home an award for its ESG reporting. The firm shares detailed ESG-related information with stakeholders across several platforms that in themselves continue to adapt and improve. The 2021 ESG summary, for example, marked a shift from the previous sustainability report with a high-level overview of the company’s pep+ (or PepsiCo Positive) agenda and progress made during the year. The summary is also design...
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Mar 28, 2023
Professionals emphasize importance of transparency when promoting ESG strategies
Companies should be completely transparent when it comes to their messaging and communication of ESG strategies, according to professionals at the latest event from Corporate Secretary’s sister publication, the IR Magazine Think Tank – West Coast. During the event, held in Palo Alto, California on March 22, investor relations experts re-emphasized the importance of clear communication and nev...
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Mar 16, 2023
Green-hushing: Will companies say less as ESG scrutiny increases?
A common question for companies as they seek to tell their sustainability story is how much they should disclose. For those at the beginning of tackling issues like climate risk or board diversity, it might seem risky to begin talking about those topics. Data that right now doesn’t look great could become a stick to beat the company with. Generally, the advice for companies has been that it’s better to ...
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