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Big brands targeted for plastic reduction and refill commitments in 2022 proxy season

Waste management industry news, voices and jobs for professionals. Optimized for your mobile phone.

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Bowing to investors, Microsoft will make its devices easier to fix

Bowing to investors, Microsoft will make its devices easier to fix
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Protecting forests and portfolios from deforestation risk

Protecting forests and portfolios from deforestation risk
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98% of Bunge shareholders back proposal to reduce deforestation

98% of Bunge shareholders back proposal to reduce deforestation The proposal by activist investment funds Green Century Capital Management and Storebrand Asset Management was approved with 98% of the votes. Bunge’s decision follows those recently made by other big companies such as Procter & Gamble’s, Archer-Daniels-Midland Company, and JPMorgan Chase. According to Green Century, the measure would help the Brazilian Cerrado, a savanna ecosystem known as “reverse forest” due to its extensive root system that stores large amounts of carbon. In an unprecedented vote, 98% of shareholders of commodities-trading giant Bunge Limited have voted in favor of a proposal made by activist investment funds to strengthen the company’s non-deforestation policies.

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Shareholders Pressure JPMorgan Chase to Expand Its Policies Addressing Deforestation

Shareholders Pressure JPMorgan Chase to Expand Its Policies Addressing Deforestation ByLiz Kimbrough Financial giant JPMorgan Chase has agreed to expand its policies addressing deforestation after pressure from shareholders, led by the investment group Green Century Capital Management. Green Century strategically invests in companies to push for change from within. Per SEC rules, investors who have held more than $2,000 of a company for at least one year can submit a short proposal requesting that the company take a specific action. If the recommendations are deemed reasonable according to SEC regulations, the company must add the proposal to the agenda for voting at their annual shareholders’ meeting.

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