Progress report: Brands face increasing pressure on recyclability claims in 2021
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Print A resolution asking grocery chain Kroger Co. to come up with a plan to reduce its plastic packaging nearly passed at the company's annual meeting June 24, with 45 percent of shareholders voting in favor. Green investment group As You Sow said in a June 29 statement that it urged Kroger, the largest U.S. grocery chain by revenue, to prepare a report by December estimating how much of its plastic packaging is released to the environment from production, disposal and recycling. The AYS resolution also asked shareholders to require Kroger management to disclose detailed strategies to reduc...
Amazon could be forced to disclose its plastic footprint E-commerce giant Amazon's shareholders will vote this week on whether the firm should adopt a resolution requiring it to disclose how much plastic packaging it produces - and how much of this is likely to end up polluting the environment. Image: Amazon The resolution is being spearheaded by As You Sow – an activist shareholder group perhaps best known for its work in pressing fossil fuel firms and other heavy emitters to disclose and reduce their emissions. If adopted, Amazon will be required to produce a report by the end of 2021 det...
Amazon rejects plastics plan as groups urge reduced virgin plastic use Amazon shareholders defeated a proposal by environmant-focused activists related to plastics packaging. Amazon shareholders have rejected an attempt by environment-focused investors to force it to detail the impact of its plastic packaging. The vote may mark only a brief pause in an ongoing campaign by the activists to get 10 major public companies to dial back their use of virgin plastic. Seattle-based Amazon disclosed late in the day May 28 that about 64.5 percent of its shareholders voted against the resolution, which w...
Move follows report saying online retailer generated 210,000 tonnes of packaging that ended up in oceans