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Environment / Toxic substances


NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | CHEMICAL INDUSTRY
Benchmarking Tool for Toxic Chemicals in Consumer Products Launched
The Chemical Footprint Project, backed by investors and corporations representing more than $1 trillion in investing and purchasing power, is the first tool for benchmarking corporate chemical use and management.

NEWS STORY: SHAREOWNER ACTION | OIL AND GAS COMPANIES
Shareowners Continue Push for Fracking Disclosure
Six companies are recipients of resolutions this proxy season, calling for greater disclosure of environmental and community risks associated with hydraulic fracturing.

NEWS STORY: SOCIAL ISSUES | HUMAN RIGHTS | EXTRACTIVE INDUSTRY
Human Rights Abuses in Burmese Mining Industry
A new report from Amnesty International identifies companies from Canada and China that have profited from serious human rights abuses at the Monywa copper mine complex in Burma.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | COAL INDUSTRY | UTILITIES
EPA Announces Regulations for Coal Ash Disposal
But by declining to classify coal ash as hazardous waste, the Agency fails to adequately safeguard human health, the advocacy organization As You Sow states. Second of a two-part series.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | MINING INDUSTRY
EPA Limits on Alaskan Pebble Mine Likely to Prevent Construction
The Agency's proposal states that if constructed the mine would lead to unprecedented losses in streams and wetlands, and cause streamflow alterations, threatening one of the world's largest salmon fisheries.

NEWS STORY: ENVIRONMENTAL ISSUES | CARBON MANAGEMENT | OIL AND GAS INDUSTRY
Step Back from New Oil Sands Projects, Scientists Tell North American Leaders
Citing approval of pipelines and other oil sands projects as symptoms of a broken policy process, a group of scientists call for no new oil sands project approvals unless they are consistent with effective climate change policies.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Shareowner Action on Fracking Disclosure Proves Strength of Proxy
The Investor Environmental Health Network reports that of six shareowner resolutions filed this year with companies engaged in hydraulic fracturing, four were withdrawn and two received substantial support.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | CORPORATE GOVERNANCE
Activist Shareowners Make Their Way to Texas to Confront Chevron
Simon Billenness of the Unitarian Universalist Association talks with SocialFunds.com about Chevron's ongoing legal quagmire in Ecuador and his efforts to have the oil and gas company appoint an independent Chair.

NEWS STORY: SUSTAINABLE INVESTMENT | ENVIRONMENTAL ISSUES
Third National Climate Assessment Published
In its new report, the US Global Change Research Program asserts that the effects of climate change have already become a present day concern, and announces the launch of a website to help Americans receive reliable scientific information.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Disclosures by Fracking Companies Still Poor
Research commissioned by the Principles for Responsible Investment reveals that oil and gas companies engaged in hydraulic fracturing fail to adequately disclose risks associated with the practice.

NEWS STORY: SHAREOWNER ACTION | ENVIIRONMENTAL ISSUES | CORPORATE GOVERNANCE | OIL AND GAS INDUSTRY
NGOs Condemn Chevron for Assaults on Free Speech
Following the most recent of Chevron's legal maneuvers to avoid responsibility for environmental damage in Ecuador, a group of nongovernmental organizations publish an open letter condemning its tactics.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
More Environmental Risks for Fracking Operations
A report by the Environmental Integrity Project warns that construction or expansion of more than 90 natural gas power plants could increase greenhouse gas emissions by 91 million tons.

INTERVIEW: SHAREOWNER ACTION | ENVIIRONMENTAL ISSUES | CORPORATE GOVERNANCE | OIL AND GAS INDUSTRY
Shareowners Opt for Engagement to Press Chevron on Corporate Governance
Shareowner advocate Simon Billenness updates SocialFunds.com on judgment against Chevron in Ecuador, and explains why engagement with fossil fuel companies is more effective than divestment.

NEWS STORY: SHAREOWNER ACTION | CORPORATE REPORTING | OIL AND GAS INDUSTRY
Shareowner Engagement yet to Convince Frackers to Disclose
A group of sustainable institutional investors issues a report on the hydraulic fracturing industry that reveals companies are failing to disclose impacts on communities and the environment from their operations.

NEWS STORY: SHAREOWNER ACTION | ENVIIRONMENTAL ISSUES | CORPORATE GOVERNANCE | OIL AND GAS INDUSTRY
Investors Square Off with Chevron CEO at Shareowner Meeting
Shareowner advocate Simon Billenness cites the company's $19 billion legal quagmire in Ecuador in requesting a lower threshold for calling special meetings while Atossa Soltani of Amazon Watch is ejected from meeting at request of CEO John Watson.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Chevron Continues to Misrepresent Ecuador Judgment, Updated Report Says
Attorney Graham Erion updates his 2012 report on misrepresentations made by Chevron to investors regarding the $19 billion judgment against it for environmental destruction in Ecuador.

NEWS STORY: SHAREOWNER ACTION | ENVIIRONMENTAL ISSUES | CORPORATE REPORTING | OIL AND GAS INDUSTRY
Climate Principles Issues Best Practices for Hydraulic Fracturing
Guidelines for financiers of hydraulic fracturing published by the European Climate Principles add to calls for greater transparency by companies engaged in the practice.

NEWS STORY: SHAREOWNER ACTION | ENVIIRONMENTAL ISSUES | CORPORATE REPORTING | OIL AND GAS INDUSTRY
Fracking on Proxy Ballots at Chevron and Exxon
Described as laggards for their failure to address investor concerns, the oil and gas giants face shareowner resolutions addressing environmental and social risks associated with hydraulic fracturing.

NEWS STORY: SHAREOWNER ACTION | ENVIIRONMENTAL ISSUES | CORPORATE REPORTING | OIL AND GAS INDUSTRY
Shareowners Press on with Fracking Campaign
Nine oil and gas companies face shareowner resolutions this proxy season requesting quantitative reporting of risks associated with hydraulic fracturing and the management of fugitive methane emissions.

NEWS STORY: SHAREOWNER ACTION | CORPORATE GOVERNANCE | OIL AND GAS INDUSTRY
Shareowner Resolution Challenges Chevron for Attacking Investors
The Needmor Fund and Zevin Asset Management file a shareowner resolution requesting that Chevron explain the rationale behind issuing subpoenas to force investors to share confidential communications.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | CORPORATE GOVERNANCE
Top Sustainable Investment Stories of 2012, Part 5
In a cautionary tale of poor corporate governance, the year for Chevron began with a court in Ecuador upholding the $18 billion judgment against it for environmental damage, and ended with the company's lawyers serving subpoenas on its own shareowners.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | CORPORATE GOVERNANCE
Top Sustainable Investment Stories of 2012, Part 3
For some institutional investors, shareowner tactics evolve from resolutions to engagement, and proposals addressing hydraulic fracturing focus concerns on community impacts.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Oil Sands Producers Urged to Adopt Environmental and Social Performance Goals
A coalition of 49 investors with $2 trillion in assets call on newly formed association of producers to set specific goals for improving environmental and social performance.

NEWS BRIEF: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Court in Ecuador Approves Seizure of Chevron Assets
Chevron says it will appeal decision clearing the way for seizure of $200 million of assets in Ecuador as payment toward a $19 billion judgment for environmental damage in the country.

NEWS BRIEF: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
$18 Billion Judgment Against Chevron Stands
The US Supreme Court declines to hear Chevron's arguments for overturning the largest environmental judgment in history, leaving the company vulnerable to charges of securities law violations.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Chevron Wants Access to Emails of Critics
The oil company's latest effort to avoid paying a $19 billion judgment for extensive environmental damage in Ecuador involves trying to gain access to the private email accounts of 101 people who have worked on the case.

NEWS STORY: ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Shell Says Oil Spills from Corroded Pipes in Nigeria Due to Sabotage
Amnesty International and the Center for Environment, Human Rights and Development cite the assessment of experts that the latest in a series of oil spills in the Niger Delta was due to corrosion in poorly-maintained pipes owned by Shell.

NEWS STORY: SUSTAINABLE INVESTMENT | INSTITUTIONA INVESTORS
Muhammad Yunus, Father of Microcredit and Nobel Peace Prize Recipient, to Address SRI Conference
The founder of the Grameen Bank will be the keynote speaker at October's SRI Conference on Sustainable, Responsible, Impact Investing, which will also feature author Deepak Chopra and Robert F. Kennedy Jr. Second of a two-part series.

NEWS BRIEF: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | HUMAN RIGHTS
Investors Call on EPA to Strengthen PVC Regulations
Arguing that proposed regulations do not go far enough to protect the health of communities, the investors request that national emission standards for the PVC industry provide better protection from cancer-causing pollutants.

NEWS BRIEF: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | COMPUTER INDUSTRY
Apple Reverses Plan to Dump Green Registry
The computer giant reverses its decision to leave the Electronic Product Environmental Assessment Tool registry, calling it a mistake after consumer backlash.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES
Proxy Season Results Support Mainstreaming of ESG
This year's shareowner resolution tracker from Ceres notes that almost half of the environmental and social resolutions coordinated by the organization were withdrawn after successful engagement with companies. First of a two-part series.

NEWS BRIEF: SHAREOWNER ACTION | FOOD AND BEVERAGE INDUSTRY | PRODUCT SAFETY
Congressional Friends of GMOs Sneak Rider into Appropriations Bill
The rider will require that a permit for planting genetically engineered crops be issued even if a federal court orders that the planting be halted.

NEWS BRIEF: SHAREOWNER ACTION | FOOD AND BEVERAGE INDUSTRY | PRODUCT SAFETY
Genetic Engineers Debunk GMO Claims
A report by Earth Open Source reveals that the claims of product safety and sufficient regulation made by producers of genetically modified organisms are false.

NEWS BRIEF: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | UTILITIES
Investors Urge Congressional Leaders to Support EPA Authority
A coalition led by Calvert urges leaders in both houses of Congress to oppose resolution that would prevent the Environmental Protection Agency from implementing Mercury and Air Toxics Standards for power plants.

NEWS BRIEF: SHAREOWNER ACTION | CORPORATE GOVERNANCE | OIL AND GAS INDUSTRY
Shareowners Voice Support for Environmental and Governance Resolutions at Chevron
A call for the separation of the positions of CEO and Board Chair gains more than 38% of shareowner support, while 27% vote in favor of improved disclosure of risks associated with hydraulic fracturing.

NEWS BRIEF: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Investors Write to Chevron Again
Led by the New York State Common Retirement Fund, a coalition of 40 institutional investors with $580 billion in assets under management calls on Chevron to end its legal wrangling over an $18 billion judgment against it for environmental damage in Ecuador.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS COMPANIES | HYDRAULIC FRACTURING
A Trillion Dollar Call for Best Practices in Fracking Operations
Fifty-five institutional investment organizations representing $1 trillion in assets under management call for adoption of best practices by oil and gas companies engaged in hydraulic fracturing.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Shareowners Ask SEC to Investigate Chevron
Three sustainable investment organizations say that the company's management appears to be covering up the risks associated with an $18 billion legal judgment against it for environmental damage in Ecuador. Second of a two-part series.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Is Chevron in Violation of Securities Law?
New reports on Chevron's liabilities relating to environmental damages in Ecuador assert that while the company's legal options have narrowed significantly, its public filings repeat the same arguments made in 2008. First of a two-part series.

NEWS BRIEF: SHAREOWNER ACTION | OIL AND GAS COMPANIES | HYDRAULIC FRACTURING
Retail Investors Invited to Discussion on Fracking
Moxy Vote provides a forum for individual investors to vote their proxies, and invites them to weigh in on hydraulic fracturing resolutions at Chevron and Exxon Mobil.

NEWS BRIEF: SHAREOWNER ACTION | OIL AND GAS INDUSTRY | HYDRAULIC FRACTURING
EPA Finalizes Rules on Emissions from Fracking
Drillers of new wells that use hydraulic fracturing to access natural gas resources have until 2015 to employ green completions to capture methane and other chemicals before they are released into the environment.

NEWS BRIEF: SHAREOWNER ACTION | MINING INDUSTRY
Investors Challenge Goldcorp's Closing Costs for Guatemala Mine
Two institutional investors warn that Goldcorp faces litigation risks if its plan for funding the environmental cleanup of its mine in Guatemala is inadequate.

NEWS STORY: SUSTAINABLE INVESTMENT | CORPORATE REPORTING | RENEWABLE ENERGY TECHNOLOGIES
Solar Industry Maturing Despite Lack of Subsidies
A report from As You Sow details examples of best practice in environmental, social, and corporate governance considerations by solar companies, and provides a benchmark for investors to track sustainable developments in the industry.

NEWS BRIEF: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | CORPORATE REPORTING | OIL AND GAS INDUSTRY
Regulatory Path Cleared for Fracking Resolution at Exxon
The Securities and Exchange Commission overrules challenge by ExxonMobil to hydraulic fracturing resolution submitted by As You Sow.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Shell Heads for the Arctic
While the company contends with activist nongovernmental organizations such as Greenpeace, it remains unclear if sustainable investors are engaging with it on the potential cost of an oil spill cleanup.

NEWS STORY: SHAREOWNER ACTION | OIL AND GAS INDUSTRY | HYDRAULIC FRACTURING
Investors Continue Pressure for Fracking Disclosure
Two guides for investors and companies engaged in hydraulic fracturing have been published in recent months, and four of ten shareowner resolutions calling for increased disclosure of risks have been withdrawn.

NEWS STORY: SHAREOWNER ACTION | CORPORATE REPORTING
As You Sow Publishes Proxy Preview
The report notes an exponential increase in resolutions addressing the various forms of corporate political spending, while the community impacts of hydraulic fracturing and financial risks associated with coal lead environmental resolutions.

NEWS BRIEF: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | MINING INDUSTRY
Advisory Warns Investors of Risks of Proposed Copper and Gold Mine in Alaska
Citing community opposition, unprecedented infrastructure requirements, and environmental risks, Earthworks questions whether the mine, located in the Bristol Bay area, will ever be built.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | CORPORATE REPORTING
Resolutions or Engagement? Ceres Prepares for Proxy Season by Using Proxy Ballot to Encourage Change
SocialFunds.com talks with Rob Berridge of Ceres about the organization's past success and its plans for driving change in the stewardship of the environment through shareowner resolutions.

NEWS BRIEF: SHAREOWNER ACTION | OIL AND GAS COMPANIES | HYDRAULIC FRACTURING
Shareowners Continue Campaign for Disclosure of Risks Associated with Fracking
Ten shareowner resolutions addressing hydraulic fracturing have been filed thus far for the 2012 proxy season, and proponents for improved disclosure look to improve upon last year's 40% vote in support.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Ecuadorian Court Upholds $18 Billion Judgment Against Chevron
In addition to upholding the judgment for environmental damages in Ecuador's Amazon rainforest, the court also criticized Chevron's efforts to undermine the trial.

NEWS STORY: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Shareowners Press Chevron to Acknowledge Environmental Liabilities in Ecuador
Even as Chevron's liability for a November oil spill in Brazil reaches billions of dollars, the company still refuses to disclose to shareowners the risks associated with an $18 billion court judgment against it in Ecuador. Second of a two-part series.

NEWS STORY: SHAREOWNER ACTION | CORPORATE REPORTING | OIL AND GAS INDUSTRY | HYDRAULIC FRACTURING
Investors Provide Guidance for Companies Engaged in Hydraulic Fracturing
SocialFunds.com talks with Richard Liroff of the Investor Environmental Health Network about a collaborative effort with the Interfaith Center on Corporate Responsibility to minimize risks associated with fracking through key performance indicators and best practices.

NEWS BRIEF: SHAREOWNER ACTION | PROXY ADVISORY SERVICES
ISS Seeks Investor Input for Revised Proxy Voting Policies
Institutional Shareholder Services says the comment period for the 2012 update of its proxy voting policies will run through November 7th.

NEWS BRIEF: SHAREOWNER ACTION | OIL AND GAS INDUSTRY | HYDRAULIC FRACTURING
SEC Considering Oversight of Hydraulic Fracturing
As investor concerns over the risks of hydraulic fracturing increase, news reports indicate that the Commission is asking companies for information relating to chemicals used in the practice.

NEWS BRIEF: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS INDUSTRY
Resolutions Addressing Hydraulic Fracturing Continue to Attract Shareowner Support
At annual meeting of Ultra Petroleum, the company refuses to permit shareowners to present their proposal, but votes in favor double that of 2010.

NEWS BRIEF: SHAREOWNER ACTION | ENVIRONMENTAL ISSUES | OIL AND GAS
Shareowner Pressure on Hydraulic Fracturing Intensifies
Resolutions addressing the issue at Chevron and ExxonMobil, co-filed by As You Sow and other sustainable investors, win substantial shareowner support, and Ultra Petroleum declines to release results of vote at its annual meeting.

INTERVIEW:
Sunshine is the Best Disinfectant: Shareholder Activists Promote Corporate Transparency
SocialFunds writer Bill Baue speaks with Sanford Lewis of the Investor Environmental Health Network on his shareholder activism promoting corporate disclosure

NEWS BRIEF:
The Toxic 100: New Report on Polluting Companies Hopes to Empower Communities and Shareholders
Index of top corporate air polluters updated in new report from researchers at the University of Massachusetts.

NEWS STORY:
The Toxic 100: New Report on Polluting Companies Hopes to Empower Communities and Shareholders
Index of top corporate air polluters updated in new report from researchers at University of Massachusetts.

NEWS STORY: MUTUAL FUNDS, GREEN INVESTING
New Fund Invests in Tomorrow's Green Stars
ThinkCapital launches a green growth fund that focuses on sustainable companies.

BOOK REVIEW: PRODUCT RESPONSIBILITY
Exposed: The Toxic Chemistry of Everyday Products
The United States is no longer setting the agenda for manufacturers’ standards and American consumers are paying the price with their health.

BOOK REVIEW:
Book Review: The Clean Tech Revolution
A new book on investing in green technology looks at new and expected developments that hold out promise for big returns over the coming decades.

NEWS STORY:
Nanotechnology: The Smallest Green Revolution?
A new report from the Project on Emerging Nanotechnologies touts "green" nanotechnology, and calls for Federal oversight.

NEWS STORY:
Yes and No: Newmont Recommends Voting For One Resolution, Petitions SEC to Omit Another
The actions span the gamut of corporate responses to shareowner resolutions on environmental, social, and governance issues, from wholehearted support to forceful opposition.

NEWS STORY:
Toxic Cosmetics Getting Under the Skin of Concerned Investors
Health-conscious investors and consumers are starting to demand cosmetic companies report and ban toxic ingredients.

NEWS STORY:
The Problem with Voluntary Corporate Initiatives Is -- Well, They Are Voluntary
A Harvard study identifies the voluntary nature of such corporate social and environmental initiatives as their pitfall, limiting the ability to gauge their effectiveness.

NEWS STORY:
Trucost Joins Yale Professor to Devise Tool to Gauge Financial Cost of Environmental Impacts
Professor Robert Repetto and Trucost Researcher Dan Dias apply the TRUEVA methodology for measuring externalities in financial terms to the US electric sector, which scores terribly.

NEWS STORY:
Nuns and Priests File Depleted Uranium Bunker Buster Resolution at Three Weapons Companies
The resolution goes to vote next week at Alliant Techsystems, and already received more than double the support needed to re-file next year at Lockheed Martin and Textron.

NEWS STORY:
Filing Resolutions at Mutual Funds: The Next Frontier for Shareowner Activism?
Eight years after the Northwest Corporate Accountability Project first filed an environmental shareowner resolution, it will finally go to vote at the Merrill Lynch Global Allocation Fund.

NEWS STORY:
Missouri Farmers Union Credit Union Supports Sustainability in Low-Income Rural Areas
The new credit union supports cooperative entrepreneurial models that advance social responsibility and environmental sustainability in low-income agricultural regions.

NEWS STORY:
Recycling 1.2--Dell, HP, and Apple Upgrade Takeback Programs to Slouch Toward Sustainability
The Computer TakeBack Campaign applauds the improvements while mapping the long road the computer industry still has to travel to attain true sustainability.

NEWS STORY:
Norwegian Government Pension Fund Dumps Wal-Mart and Freeport on Ethical Exclusions
The $230 billion global fund--one of the largest pension funds in the world--cited Wal-Mart for systematic human rights violations and Freeport for serious environmental damage.

NEWS STORY:
Winslow and Jupiter Launch Global Green Fund Using Only Positive Environmental Criteria
The Jupiter Green Investment Trust pioneers cross-continent collaboration and evolution from negative screening to positive sustainability criteria.

NEWS STORY:
Ecological Community Loan Pool Directly Links Ecologically Minded Investors to Eco-Preneurs
The portal created by Ecostructure Financial tweaks the community development financial institution model to allow investors to lend directly to startups solving environmental problems.

NEWS STORY:
Chemical Companies Unprepared to Reduce Toxicity for European REACH Regulations
An Ethical Investment Research Service report finds on Akzo Nobel advanced in preparation for REACH, while an Innovest report debunks industry claims that the rules will cripple them.

NEWS STORY:
Hog Manure Fertilizes Improvements in Environmental Management at Smithfield Foods
Fines for Clean Water Act violations and a lawsuit settlement spur Smithfield to clean up its act and move toward environmental leadership, but it still has a way to go to complete a turnaround.

NEWS STORY:
Investor Environmental Health Network Addresses Product Toxicity Through Safer Alternatives
The network is coordinating 11 shareowner resolutions addressing product toxicity at companies such as Avon, Becton-Dickinson, CVS, Dow, DuPont, and Whole Foods Market, among others.

NEWS STORY:
FTSE4Good Semi-Annual Review Boots 16 US Companies on Environmental Criteria
Of the 19 deletions, only one company was dropped due to human rights (instead of environmental) criteria, and all but three deletions were US-based companies.

NEWS STORY:
Whole Foods Market Gags Shareowners at Annual Meeting
A leader on corporate social responsibility, Whole Foods lags on corporate governance by stymieing shareowner democracy.

NEWS STORY:
SEC Forces Chevron, Dow, and CVS to Include Shareowner Resolutions on Their Proxies
Part two of this two-part article examines no-action activity thus far in the 2006 proxy season, focusing on attempts to apply the personal grievance rule and expand a new risk assessment rule.

NEWS STORY:
Resolution Withdrawals Signal Success in Shareowner Advocacy Early in 2006 Proxy Season
Part one of this two-part article examines withdrawal of resolutions on climate change, sexual orientation nondiscrimination, political contributions, and HIV/AIDS policies.

NEWS STORY:
Two New Indexes Help Wean Us From Oil Addiction Via Clean Energy and Cleantech
The WilderHill New Energy Global Innovation Index tracks clean energy companies internationally, while the Cleantech Index tracks cleantech companies in the US.

NEWS STORY:
Shareowner Action on Product Toxicity Shifts from Isolated Resolutions to Become a Campaign
Fueling this development is the increasing visibility of product toxicity in the news, with the Environmental Protection Agency issuing record fines.

NEWS STORY:
GE Comes Clean, Disclosing Costs Related to PCB Cleanup on the Hudson
The move prompts the Tri-State Coalition for Responsible Investment, which characterized some of these expenditures as delay tactics, to withdraw its shareowner resolution requesting this information.

NEWS STORY:
EPA Tries to Pull a Disappearing Act on the Toxics Release Inventory
In response to the Environmental Protection Agency proposal to dilute TRI, the socially responsible investing community launches the SaveTRI.org website.

NEWS STORY:
Wal-Mart Embraces Sustainability: Does the SRI Community Buy It?
Socially responsible investors cautiously applaud Wal-Mart for committing to social and environmental sustainability, but remain highly skeptical about actual implementation.

BOOK REVIEW:
Book Review---An Unreasonable Woman: The True Story of Shrimpers, Politicos, Polluters, and the Fight for Seadrift, Texas
Shrimper-turned-grassroots environmental activist Diane Wilson transforms her experience fighting corporate toxic emissions into a literary work of art imbued with the rugged beauty of the Texas coast.

NEWS STORY:
Toxic 100 Uses Enhanced Toxics Release Inventory Data to List Top Corporate Polluters
The Toxic 100 aggregates facility-level TRI data to compute company-wide toxic emissions performance.

NEWS STORY:
New Document Alleges Tie Between Chevron and Human Rights Abuses in Nigeria
Identified in the discovery phase of a case proceeding at state and federal levels, the invoice and receipt indicate Chevron paid Nigerian soldiers for services on a day several villagers were allegedly killed (part one of a two-part article.)

NEWS STORY:
Power to the People: Amnesty Launches Grassroots Shareowner Advocacy Program
The SharePower program encourages ordinary people to tell institutional investors holding shares in their name to vote for shareowner resolutions supporting human rights.

NEWS STORY:
Shell Doubles Cost Projections of Sakhalin II, Project Critics Redouble Opposition
The largest oil and gas project in the world meets resistance over concerns about its social and environmental impacts, as well as its economic sustainability.

NEWS STORY:
Nuclear Power: Still an Environmental Scourge or Now a Climate Change Mitigator?
Despite prominent environmentalist opinions that low greenhouse gas emissions of nuclear power eclipse its problems, socially responsible investment funds still screen nukes out.

BOOK REVIEW:
Book Review--The Bhopal Reader: Remembering Twenty Years of the World's Worst Industrial Disaster
A collection of primary and secondary sources spanning the twenty-year quest for corporate accountability from Union Carbide and now Dow for the 1984 chemical leak that killed thousands upon thousands.

NEWS STORY:
Report Asserts Shareholders Have The Right To Know More About DuPont PFOA Liabilities
The report documents information on perfluorooctanoic acid, a Teflon ingredient associated with human health hazards, which DuPont withheld from federal regulators and investors alike.

NEWS STORY:
Ecuadorian Attorney General Tells ChevronTexaco Shareholders Remediation Agreement May Be Invalid
The questionable validity of the remediation agreement indemnifying ChevronTexaco could carry implications for the lawsuit and beyond (part three of a multipart article).

NEWS STORY:
Asphalt Jungle: Did Oil Drilling by Texaco Create Environmental and Social Harm in Ecuador?
Both ChevronTexaco and lawsuit plaintiffs are finding evidence of contamination during judicial site inspections: the question is, does it pose human health or environmental risks? (part two of a multi-part article.)

NEWS STORY:
Oil Spread Upon the Waters of Ecuador May Return Harm for ChevronTexaco Shareholders
A shareholder delegation surveys the environmental and social impact of oil operations, assessing potential risk from a twelve-year old lawsuit in its judicial inspection phase (part one of a multi-part article).

NEWS STORY:
Benchmarking Corporate Governance on Product Toxicity and Safer Alternatives
The benchmark, released by the Rose Foundation today, addresses the scientific uncertainty of product toxicity through risk assessment and opportunity identification instead of inaction.

NEWS STORY:
Integrating Sustainability at Xerox: A Talk with VP for Environment, Health, and Safety Jack Azar
In part two of this two-part interview, Mr. Azar discusses how Xerox integrates sustainability into its policies and practices.

NEWS STORY:
Are Electronic Components Producers Ready for Environmental Regulation?
A Citizens Advisors study surveys 26 electronics components companies, and projects that many of them will be unprepared for European Union laws taking effect in 2006.

NEWS STORY:
Material Risks of Genetic Engineering Undisclosed by Food Companies, Report Says
A survey of the 35 largest food processors finds only two mentioning genetic engineering risks in their annual reports, and none analyzing these risks.

NEWS STORY:
First Alternative Energy Index Spawns Exchange Traded Fund
The WilderHill Clean Energy Index, published by the American Stock Exchange, will serve as the basis for an exchange traded fund from PowerShares Capital Management.

NEWS STORY:
Accuracy of Dow Chemical Statements and SEC Filings Questioned
On behalf of two socially responsible investment firms, an environmental attorney asks the SEC to probe the factuality of public statements and filings made by Dow Chemical.

NEWS STORY:
Senate Calls on the SEC to Enforce Environmental Disclosure Regulations
A series of reports issued at a Senate symposium detail how insufficient disclosure of environmental liabilities results from lack of SEC enforcement.

BOOK REVIEW:
Book Review--Smart Alliance: How a Global Corporation and Environmental Activists Transformed a Tarnished Brand
The in-depth story of how the Rainforest Alliance partnered with Chiquita to improve the company’s social and environmental performance through certification.

NEWS STORY:
Shareowner Resolution Withdrawn as JP Morgan Chase Addresses Environmental Risks
A group of socially responsible investment advocates withdrew a shareowner resolution from JP Morgan Chase when the company established an office of environmental affairs.

NEWS STORY:
Dell First US Computer Company to Commit to a Global Recycling Goal
In its 2004 Sustainability Report, Dell commits to increase its fiscal year 2005 computer recycling 50 percent over fiscal year 2004 levels.

NEWS STORY:
ChevronTexaco Faces Class-Action Lawsuit in Ecuador Over Environmental Damage
A resolution asking ChevronTexaco to report on new initiatives to address its legacy of environmental damage in Ecuador gained nine percent support from shareowners.

NEWS STORY:
Avon Shareowners Withdraw Two Resolutions Before Annual Meeting
Avon agreed to hold annual board of director elections and to phase out phthalates from its products, prompting shareowners to withdraw their resolutions on these two issues.

NEWS STORY:
Social and Environmental Best Practice Linked to Financial Outperformance in Electric Sector
Innovest releases another sector report correlating progressive social, environmental, and governance practices and policies with financial outperformance.

NEWS STORY:
Nuke Producer GE Energy Buys Solar Producer AstroPower
The GE Energy buyout of AstroPower represents a Catch 22 for social investors, who generally seek to support renewable energy but screen GE for its nuclear production.

NEWS STORY:
CRA Fund Helps Transform Environmental Liabilities Into Social Assets
The CRA Fund supports environmental remediation of brownfield sites, helping transform them into socially beneficial projects.

NEWS STORY:
The Rashomon Effect: Why Do Innovest and Oekom Rate Toyota's Environmental Performance So Differently?
A Japanese film may help investors understand the discrepancy between the environmental ratings of Toyota by Innovest and Oekom.

NEWS STORY:
Underreporting of Material Environmental Liabilities Persists
Despite clear documentation of the problem, multiple solutions proposed, and petitioning to enhance enforcement, corporate underreporting of material environmental liabilities continues.

NEWS STORY:
2003 Proxy Season Roundup: Shareowner Action Success Measured On and Off the Record
While the 2003 proxy season produced some impressive numbers, shareowner advocates also define success in ways that are not easily quantifiable (Part one of a two-part article.)

NEWS STORY:
Social Investors Recommend Best Practice for Coalbed Methane Extraction
A shareowner action campaign proactively asks companies to practice environmental and social responsibility in extracting coalbed methane.

NEWS STORY:
Sustainable Computer Producers Perform Better than Less Sustainable Counterparts
Innovest adds social considerations to its environmental assessment in its recent computer industry report, and sustainability still outperforms business-as-usual.

NEWS STORY:
UN to Hold Corporations More Responsible for Human Rights and the Environment
A UN sub-commission adopted a resolution calling for transnational corporations to be held more accountable for human rights protection and environmental stewardship.

NEWS STORY:
Institutional Investor Practices SRI Through Shareowner Action
The Nathan Cummings Foundation prioritizes shareowner action by actively voting its proxies, filing shareowner resolutions, and dialoguing with companies on social issues.

NEWS STORY:
Ford's Latest CSR Report Increases Transparency by Using GRI Guidelines
Ford's decision to base its 2002 Corporate Citizenship Report on Global Reporting Initiative (GRI) guidelines will help analysts get a fuller picture of the company's performance (part one of a two-part article).

NEWS STORY:
Members of Congress Consider Social and Environmental Disclosure in SEC Filings
A group of Senators and Representatives summoned a symposium on the need for social and environmental disclosure by companies in their SEC filings.

NEWS STORY:
Attitudes and Actions Behind the Growth of SRI in Japan
Alongside the highly visible events that demonstrate the spread of socially responsible investing in Japan are shifting attitudes and less visible actions (part two of a two-part article).

NEWS STORY:
IRRC Platform Combines Corporate Governance and Social Responsibility Research
The Investor Responsibility Research Center merges its corporate governance research tool with its social responsibility research tool in a web-based platform.

BOOK REVIEW:
Book Review: Eco-Service Development: Reinventing Supply and Demand in the European Union
A new book presents the business case for promoting sustainable development through "eco-services," or the switch from a product-oriented to a service-oriented culture.

NEWS STORY:
World's Largest Coffee Traders Agree to Sustainability, but How Committed Are They?
Rainforest Alliance's recent agreement on sustainability with the world's two largest coffee traders holds promise but the devil may be in the details.

NEWS STORY:
Canadian Greenhouse Gas and Toxic Emissions Resolution Garners Near Record Support
A near majority of IPSCO shareowners voted in favor of a resolution asking the company to report on its greenhouse gas and toxic emissions.

NEWS STORY:
Innovest Report Identifies Business Risk of Genetic Engineering for Monsanto Investors
The controversy surrounding genetic engineering creates substantial risks to shareowner value at Monsanto, according to a new report from Innovest.

NEWS STORY:
Return to Sender: Dell Inches Toward a Computer Take-Back Recycling Program
Calvert-led coalition conducts shareowner action urging U.S. computer companies to implement take-back programs for recycling obsolete computers and components.

NEWS STORY:
International Right to Know Campaign Promotes Disclosure of Global Corporate Impacts
In a recent report, the International Right to Know Campaign outlines the benefits of corporate disclosure of global environmental and social policies and practices.

NEWS STORY:
National Wildlife Federation and Amnesty International USA Embrace SRI
Two well-known advocacy organizations have made a commitment to lowering the wall between their program activities and their investments.

NEWS STORY:
Prince Albert of Monaco Helps Launch a New Sustainability Fund
Instead of investing directly in equities, this new "fund of funds" from Monaco invests in SRI and sustainability funds.

NEWS STORY:
Green Banking
Ten exemplary "green banking" enterprises were honored recently, highlighting the growth of environment-friendly community investing.

NEWS STORY:
Global Warming Shareowner Resolution Filed at "Filthy Five" Electric Companies
A coalition of institutional investors has filed a shareowner resolution calling on five electric power producers to report on the business risk of their greenhouse gas emissions.

NEWS STORY:
Corporate Responsibility Ratings and SRI Screens Sometimes Differ
A new report from Oekom Research criticizes IT network and component company performance based on the companies' own disclosure, while the Calvert Group's screens assess companies' actual practices.

NEWS STORY:
Sierra Club Launches SRI Mutual Funds
The Sierra Club is harnessing its name recognition and expertise on corporate environmental performance with its launching of an SRI equity mutual fund and an SRI balanced mutual fund.

NEWS STORY:
NEC Pioneers "Green" Computer
NEC reverses the computer industry's foot-dragging on addressing environmental liabilities by introducing the PowerMate eco, the first eco-efficient computer.

NEWS STORY:
Humans' Overuse of Earth's Resources Exceeds Sustainability by 20 Percent
A new report on the ecological footprints of 146 nations documents unsustainable consumption, a phenomenon that, unchecked, will deplete the world's natural resources.

NEWS STORY:
Hazardous Waste as Fuel: Conservation or Corporate Irresponsibility?
The cement industry calls the use of hazardous waste to fuel cement kilns recycling while critics of the practice call it dangerous.

NEWS STORY:
New Tool Quantifies Corporate Environmental Performance
London-based TruCost launched a single-framework rating tool that allows for a quantitative comparison of companies' environmental performance.

NEWS STORY:
Computer Sector's Social and Environmental Performance Needs Upgrade
A recent report from Oekom Research identifies shortcomings in the corporate responsibility performance of IT and computer companies, particularly concerning social issues.

NEWS STORY:
Rio + 10 Series: Two UNEP Reports Chart Past, Present, and Future Course of Sustainable Development
Assessments of the progress since the Rio Summit guide the blueprints for the Johannesburg Summit.

NEWS STORY:
Rio + 10 Series: Progress and Regress--Energy Sectors Report on Their Efforts Toward Sustainability
Three industry sectors that supply energy--oil and gas, coal, and electricity--reported on their improvements and shortcomings in sustainable development since the Rio Summit.

NEWS STORY:
Rio + 10 Series: A Brief History of the Earth Summits--From Rio to Johannesburg
SocialFunds.com presents a historical snapshot of the Rio Summit and surveys some significant developments leading up to the Johannesburg Summit. (the second in a series of articles leading up to the Johannesburg Summit)

NEWS STORY:
Rio + 10 Series: A Brief History of the Earth Summits--From Stockholm to Rio
SocialFunds.com examines the significant events, theories, and people that contributed to the first two global summits on human interaction with the environment. (the first in a series of articles leading up to the Johannesburg Summit.)

NEWS STORY:
Mining Industry Reports on Its Problems, but Remains Vague on Solutions
A new report identifies the global mining industry's social and environmental pitfalls, though its recommendations may prove hollow, according to an industry watchdog.

NEWS STORY:
Mutual Fund Reports on Environmental and Social Returns
Norway-based Storebrand reports on the environmental and social performance of companies in its international mutual fund.

NEWS STORY:
Activists Lobby Shareowners to Stop Housing Development in Southern California
A coalition group held a rally at Washington Mutual's annual meeting to raise concern about that company's planned housing development in the Santa Monica Mountains.

NEWS STORY:
Companies Skirt Disclosure of Environmental Liabilities
New study echoes social investors' call for the SEC to strengthen its rules regarding corporate disclosure of environmental liabilities.

BOOK REVIEW:
Book Review: Eco-Economy
Pioneering environmentalist Lester R. Brown fuses ecological consciousness into economics to create "eco-economy," an economic system that would preserve natural resources while continuing to generate wealth.

NEWS STORY:
Swiss Insurance Company Invests in Sustainability
The reinsurance giant Swiss Re supports sustainability not only in its business practices but also in its investments, and has one portfolio committed exclusively to sustainability.

NEWS STORY:
Phase-out of Mercury Thermometers Continues to Rise
In response to shareowner action campaign, most large pharmacy chains are voluntarily phasing out mercury thermometers. The campaign is now turning to the health care industry.

NEWS STORY:
E-Waste Not, Calvert Says to Computer Companies
The Calvert Group has filed shareowner resolutions with the major U.S. computer producers, urging them to investigate ways to counteract electronic waste.

NEWS STORY:
GEMI Elevates Environmental Consciousness from the Bottom to the Top Line
The Global Environmental Management Initiative releases a new report promoting environment-friendly methods of enhancing corporate performance.

NEWS STORY:
EPA Program Recognizes Better Corporate Environmental Performance
Performance Track motivates and rewards businesses that exceed EPA's environmental standards.

NEWS STORY:
Reducing Greenhouse Gases by Making Fizz
An innovative venture enables a Shell subsidiary to sell excess carbon dioxide for soft drink manufacturing, but social investors should know that the company is still miles away from being socially responsible.

NEWS STORY:
Ethanol Producer Looks to Growth in Fuel Additive Market
High Plains Corporation is expecting increasing demand for its products because of concern over MTBE's environmental impact.

NEWS STORY:
Turning Waste Streams into Products
The largest manufacturer of recycled plastic lumber in the U.S. is looking to position itself for a more profitable 2001.

NEWS STORY:
Labor Standards Resolutions Garner Support in 2001 Proxy Season
Ten international labor and human rights proposals that came to vote this year received 10 percent or more support from shareowners.

NEWS STORY:
Shareowners Push Companies on Gene-engineered Food
This proxy season, shareowner resolutions continue to ask manufacturers and retailers to disclose information about or phase out the sale of gene-engineered food products.

NEWS STORY:
Placer Dome's Efforts at Sustainability: Sincere or Greenwash?
Contentious issues surrounding its Porgera mine operations reveal the difficulty in assessing corporate social and environmental performance.

NEWS STORY:
Placer Dome Mine Strikes Resentment in Papua New Guinea
Inaction on improving the environmental performance of the Porgera mine is drawing criticism from within Papua New Guinea as well as Australia, Canada and the U.S.

NEWS STORY:
Companies Using NAFTA to Undermine Legitimate Regulations
New report explains how the U.S., Canadian and Mexican governments' ability to regulate in the public interest is being eroded by NAFTA's Chapter 11.

NEWS STORY:
Telecommunications Industry Calls for Sustainability
Some of the world's largest information and communications technology companies form an alliance to promote sustainable development.

NEWS STORY:
Study Finds More Than One in Four Polluters Seriously Violate Clean Water Act
U.S. PIRG report says polluters keep polluting because the government is not doing its job.

NEWS STORY:
Winslow Launches New Green Mutual Fund
The Winslow Green Growth Fund will seek small- and mid-cap companies with superior environmental performance.

NEWS STORY:
Major UK Fund Manager to Require Environmental Reporting
Institutional investors are increasingly seeing the need for environmental disclosure.

NEWS STORY:
Environmental Groups Endorse Shareholder Resolutions
Environmental advocates ask for support for pro-environmental resolutions at a wide range of companies.

NEWS STORY:
Do You Own Nuclear Power Stock?
Well-known conventional mutual funds and asset managers are looking to catch profits from nuclear power’s revival.

NEWS STORY:
Shopping for Responsibility
Internet site is helping consumers base shopping decisions on values.

NEWS STORY:
Pax World Funds Brings Computer Trash Out of the Closet
A leading socially responsible fund family makes computer recycling a high-profile issue for social investors.

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