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Northwest Coalition for Responsible Investment (NWCRI) |
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Energy and Environment
Global Warming constitutes over 11% of ICCR’s total work with corporations. Through dialogue and shareholder resolutions NWCRI and ICCR shareholders are challenging Chevron and ExxonMobil, companies that are directly responsible for greenhouse gas emissions, to measure, monitor and reduce their total greenhouse gas emissions. Greenhouse Gas Emissions Resolution Water and Food “Water is essential for life, and water scarcity is fast becoming one of the world’s most pressing global challenges.” — Coca-Cola 2004 Environmental Report In a world where 1.1 billion people lack access to safe drinking water, the Coca-Cola Company is a major user of water globally.. It is reported that it takes almost 3 liters of water to produce 1 liter of product. Farmers in India say Coca-Cola has been using too much water, and leaving them without enough to grow their crops. A shareholder resolution requesting Coca-Cola to commission a study of the environmental and public health impacts of its operations in India was supported by 7% of the company’s shareholders. NWCRI and shareholders withdrew a resolution requesting that PepsiCo adopt a policy to identify and label all food products manufactured or sold by the company that may contain genetically engineered (GE) ingredients. The proposal was withdrawn when the company agreed to address the following points in its upcoming corporate responsibility report:
In 2007 shareholder resolutions were also filed with Dow AgroSciences DuPont, General Mills, McDonald’s, Safeway, and Wendy’s.
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