Record-high number of shareholder resolutions filed in 2014 proxy season drive more aggressive action by top companies on climate-related issues
BOSTON, August 14, 2014 /3BL Media/ – In response to nearly 150 climate-related resolutions filed by institutional investors during the 2014 proxy season, 20 major international corporations have committed to set goals to reduce greenhouse gas (GHG) emissions or sustainably source palm oil –a leading driver of global deforestation, which causes nearly 20 percent of global greenhouse gas emissions according to the Environmental Protection Agency. An additional 45 corporate commitments were secured related to sustainability reporting, energy efficiency and carbon asset risk.
As consumers become more aware of palm oil-related deforestation, these 10 top companies are leading the charge and making bold commitments to sustainable sourcing
Mars, Inc announced its committment in March to transition to 100% certified sustainable palm oil in its products by the end of 2014.
As consumers become more aware of palm oil-related deforestation, a select few companies are leading the charge and making bold commitments to sustainable sourcing. There’s still more work to be done, but this week we’re happy to give these 10 companies a well-deserved pat on the back.