As You Sow Statement on Today’s House Judiciary Anti-Climate, Anti-Investor Subcommittee Hearing

Today, the U.S. House Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Antitrust held a hearing on investors’ action to address climate change, the latest chapter of a protracted investigation into what the Judiciary Committee majority alleges are antitrust violations among investors responding to the severe economic threat posed by climate change. The Committee has targeted As You Sow and 13 other organizations with an investigation. Arjuna Capital, Ceres, and CalPERS were called as witnesses in today’s hearing.

Climate ChangeAs You SowJune 12, 2024climate, house judiciary, shareholder advocacy

Old Dominion Shareholders Call on Company to Adopt Basic Climate Targets and Prepare for a Clean Energy Future

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.

Climate ChangeAs You SowMay 15, 2024Old Dominion, climate, diesel, trucks, Net Zero

ExxonMobil Attacks Shareholders in 2024 Proxy Statement, References As You Sow an Unusual 13 Times in a Move to Intimidate

ExxonMobil Corporation recently released its 2024 proxy statement, which includes a United Church Funds shareholder proposal requesting that Exxon report on how a reduced demand for virgin plastic would impact the company’s financial position. The proponent designated As You Sow as its representative.

Climate ChangeAs You SowApril 12, 2024climate, ExxonMobil

CITI Reports on Clients’ Climate Transition Progress

Citibank today released a climate report containing information on its energy and power clients’ climate transition progress. This information was provided in response to a shareholder proposal filed with Citi this year by As You Sow. The proposal asked Citi to disclose, for each of its sectors with a Net Zero-aligned 2030 target, the proportion of sector emissions attributable to clients that are not aligned with a credible Net Zero pathway and any actions it proposes for shortfalls.

Climate ChangeAs You SowMarch 28, 2024citibank, citi, climate