JPMorgan Chase expanding deforestation policies under shareholder pressure
by Liz Kimbrough on 13 April 2021
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 used a shareholder proposal strategy to request that JPMorgan Chase “issue a public report, within a reasonable time, outlining if and how it could improve efforts to reduce negative impacts and enhance positive impacts on natural ecosystems and biodiversity across its banking and investment portfolios.”
In response, JPMorgan Chase stated its intentions to require all growers or refiners related to the palm oil sector who are its clients to confirm that they are compliant with “No Deforestation, No Peatland, No Exploitation” (NDPE) principles.
Sign in or Sign-up News | February 2, 2021
Aramark Sets New Climate Goal, Commits To Reducing Greenhouse Gas Emissions By 15% By The End Of 2025
PHILADELPHIA (BUSINESS WIRE)
Just one year after introducing its sustainability plan, Be Well. Do Well., Aramark (NYSE: ARMK), the leading U.S.-based provider of food, facilities and uniform services, announced its commitment to reduce greenhouse gas emissions by 15% by the end of 2025 (from its 2019 baseline) in the United States, thus decreasing its carbon footprint.
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Just one year after introducing its sustainability plan, Be Well. Do Well., Aramark announced its commitment to reduce greenhouse gas emissions by 15% by the end of 2025 (from its 2019 baseline) in the United States, thus decreasing its carbon footprint.