Press Releases

 





































































MAy 1, 2020

JPMorgan Chase To Remove Lee Raymond, Notorious Climate Denier, From Lead Independent Director Position

In New SEC Filing, JPMorgan Chase Announced Commitment to Designate New Lead Independent Director By End of Summer



Mar 9, 2020

Major Power Companies’ Planned Investments Will Undermine their Decarbonization Targets, New Report Warns

Duke Energy, Dominion Energy, and Southern Company Together Produce over 4% of all U.S. CO2 Emissions


feb 25, 2020

JPMorgan Recognizes Its Climate Responsibility With Insufficient New Climate Policy

JPMorgan needs climate-competent board to lead transition into net-zero economy 



Jan 14, 2020

BlackRock Announcement Marks Watershed Moment in Recognition of Systemic Risks of Climate Change

BlackRock must now draw clear lines for fossil fuel and fossil-adjacent companies to align their operations accordingly



Nov 5, 2019

Proposed SEC Rules Threatens Investors’ Efforts to Hold Companies Accountable

The SEC’s proposed rules would suppress the voices of shareholders on critical governance, social, and environmental issues just when they are needed most.


SEP 27, 2019

Statement in Response to DTE Energy, NRG Energy and Duke Energy’s Announcement That They Aim To Achieve Net Zero Emissions by 2050

Majority Action and New York City Comptroller, the lead signatory to the Net-Zero investor Coalition on behalf of three New York City pension funds, claim an important victory for investors who have been stepping up to hold corporate boards accountable to the need for urgent action to confront climate change.


sep 25, 2019

Statement in Response to NRG Energy’s Announcement That It Aims to Achieve Net-Zero Carbon Emissions by 2050

NRG joining Xcel Energy and Duke Energy in unambiguously committing to achieve net-zero carbon emissions by 2050 is a victory for investors that have been calling for ambitious climate commitments in line with the goals of the Paris Agreement.


sep 17, 2019

Statement in Response to Duke Energy’s Announcement That It Aims to Achieve Net-Zero Carbon Emissions by 2050

The announcement that Duke Energy aims to achieve net-zero carbon emissions by 2050 represents an important milestone and a victory for investors that are calling for ambitious climate commitments in line with the goals of the Paris Agreement.


sep 17, 2019

Top Wall Street Firms Shield Corporations From Accountability on Climate Change

World’s Largest Asset Managers BlackRock and Vanguard Voted Against Critical Shareholder Resolutions That Would Have Created a Significant Corporate Shift on Climate Change, According to New Report by Majority Action


AUG 30, 2019

BlackRock and Vanguard Rubber Stamp Boards of Gun Manufacturers, Shielding Them from Accountability on Public Safety, Corporate Governance, and Long-Term Investor Value

BlackRock and Vanguard’s votes reveal that both asset managers voted to shield the leadership of top gun manufacturers Sturm Ruger and American Outdoor Brands Corporation from accountability.


AUG 30, 2019

BlackRock and Vanguard Protect Fossil Fuel, Energy, and Auto Execs From Facing Accountability on Climate Change

SEC disclosures reveal that top asset managers voted against key climate resolutions at ExxonMobil, Duke Energy, Ford, General Motors, and Dominion Energy.


MAY 6, 2019

Color Of Change and Majority Action urge shareholders to vote “no” on Mark Zuckerberg’s nomination to Facebook board of directors at May annual meeting

In exempt solicitation filing, shareholder activists target weak oversight and governance as a barrier to addressing social and political crises threatening shareholders’ long-term financial interest.


MAY 2, 2019

Investors and Activists Call for Independent Oversight of Dominion Energy

Dominion Board of Directors cited for lack of expertise to address business and shareholder risks in the face of climate change. Proxy advisor Institutional Shareholder Services recommends to vote for the proposal.


MAY 2, 2019

Majority Action and Interfaith Center on Corporate Responsibility Respond to Firearm Manufacturer Sturm Ruger’s Latest Letter to Shareholders Regarding Firearm Safety and Boardroom Responsibility

Sturm Ruger statement inaccurately defends the company’s record of failing to respond to investor concerns on protecting shareholder value and public safety.


MAY 1, 2019

Shareholders Seek to Hold Duke Energy Accountable for Transparency and Climate-Related Failures that Endanger Shareholder Value at Upcoming Board Meeting

Majority Action advising shareholders to require Duke to disclose political contributions and lobbying expenses. Pensions & Investment Research Consultants Ltd recommends investors vote against climate-change denying Duke director among others.


APRIL 30, 2019

Majority Action and Partners Deliver 129,000+ Signatures to BlackRock

The groups are demanding the company support key shareholder resolutions on climate change and political transparency at various Annual General Meetings (AGMs) in the coming weeks.