Tag Archives | environmental risk

Spending Against Change

Spending Against Change Heightens Climate Risk

Spending Against Change, a new report from the 50/50 Climate Project, finds that twenty-one of the largest energy and utility companies in the U.S. that have spent at least $670 million over six years to influence elections, regulators and lawmakers have limited board oversight of climate risk and political spending, and lack climate competent board members. These corporations face the highest exposure […]

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Sustainvest: Towards Sustainability Reporting at Actavis

As voting results in California are tabulated, another type of voting that has caught the eye of investors—proxy voting.  Sustainvest Asset Management, an independent investment advisory firm located in Petaluma, CA, received over 44,700,000 votes in favor of a shareholder proposal introduced to $37 Billion-dollar pharmaceutical company Actavis, Inc. (ACT). The shareholder proposal asked the […]

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Fiduciary Duty for Sustainability

The nation’s largest private water utility company has joined a federal lawsuit that aims to force the manufacturer of atrazine, a widely-used herbicide, to pay for its removal from drinking water. The class action lawsuit was filed in U.S. District Court for the Southern District of Illinois alleging that Syngenta, Inc. made billions of dollars […]

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