Today, Old Dominion Freight Line Inc., one of the largest North American trucking companies operating in 48 states, faces a shareholder vote on an Amalgamated Bank and As You Sow proposal calling for Old Dominion to adopt interim and long-term greenhouse gas reduction (GHG) targets to reach Net Zero emissions by 2050. The transportation sector plays a pivotal role in reaching the Paris Agreement’s goal as it is the highest emitting sector in the United States, with 24% of these emissions from ground freight transportation.
Read MoreAs You Sow released its second annual Road to Zero Emissions Report today grading the largest 100 U.S. companies on their progress toward net zero. Compared to last year’s report, 66% of the companies improved their overall grade. However, many still lack value-chain (Scope 3) emissions disclosure and actions demonstrating progress in achieving the emissions reductions necessary to align with global 1.5°C goals.
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