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.
Read MoreToday, As You Sow, the Sustainable Investments Institute (Si2) and Proxy Impact released Proxy Preview 2024, a comprehensive review of more than 527 environmental, social and related governance (ESG) proposals submitted by shareholders. This 20th-anniversary edition confirms continued faith by shareholders in using proposals to highlight risks and opportunities for companies, despite political efforts targeting ESG more broadly and the rights of shareholders.
Read MoreShareholders today will vote on proposals at Microsoft and Campbell's asking for a report describing how the companies are protecting employees from climate risk embedded in their retirement plan investment options. A
Read MoreThe U.S. Securities and Exchange Commission (SEC), led by Chairman Clayton, voted today to severely limit the rights of shareholders, especially small shareholders to file proposals at companies.
Read MoreA group of concerned investors wrote to the U.S. Securities and Exchange Commission’s (SEC) Chairman Jay Clayton on Friday urging him to protect retail investors by opposing an impending rulemaking that would curtail shareholder rights.
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