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Press Releases

palm oil deforestation

PepsiCo* Announces Carbon Pollution Reductions and Efforts to Curb Climate Change

October 31, 2014: After less than a year of discussions with Green Century, PepsiCo (Pepsi) publicly released new initiatives and updated data on the progress it has made to curb its impacts on climate change. Pepsi announced that it had kept 55,000 metric tons of carbon dioxide out of the atmosphere by reducing fuel consumption in its transportation fleet by 24% since 2010 - and is looking to further reduce fuel consumption for its trucks and vehicles into the future.

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palm oil deforestation

Investors Applaud Bunge’s* Commitment to Decouple Palm Oil From Deforestation

October 27, 2014: Today, global agribusiness giant Bunge Ltd (Bunge) joined the growing number of companies that have pledged to eliminate palm oil linked to deforestation from their global supply chains.

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palm oil deforestation

Major Palm Oil Growers Agree to Moratorium on Deforestation, Following Letter from Investors

September 19, 2014: Following a letter coordinated by Green Century Capital Management and signed by institutional investors representing over $600bn in assets under management, the world’s five largest growers of palm oil agreed to halt the clearance of high carbon stock (HCS) forests.

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Leading Environmental Groups Announce Fossil Fuel Free Retirement Plan Options

September 19, 2014: Today, the Sierra Club, League of Conservation Voters, and other environmental groups announced that they are adding fossil fuel free mutual funds to their retirement plans. The move reflects the reach of the fossil fuel divestment movement and comes on the eve of the People’s Climate March and the U.N. Climate Change Summit next week.

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The Costly Ruling Against BP Provides Another Reason to Avoid Investing in Oil Companies

September 10, 2014: The recent watershed ruling against BP* that found BP took irresponsible drilling risks in the 2010 Gulf of Mexico Deep Horizon oil spill is a stark reminder of the potential financial risks of investing in oil companies.

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Institutional Investors Press Palm Oil Producers to Stop Cutting Down Rainforest

September 8, 2014 - Institutional investors representing over half a trillion dollars in assets under management today called on four major palm oil producers to adopt an immediate moratorium on deforestation and join the growing and unprecedented effort within the industry to establish traceable, deforestation-free palm oil supply chains.

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Food Giant ConAgra* Agrees to Eliminate Suppliers Engaged in Deforestation for Palm Oil

August 14, 2014 -- Thanks to Green Century's advocacy, packaged food giant ConAgra Foods has agreed to eliminate any palm oil supplier engaged in deforestation by December 2015.

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Shareholder Resolution Asks Safeway* to Label Its Food for GMOs

Contact: Lucia von Reusner (617) 482 0800 or lvonreusner@greencentury.com Steve Blackledge (916) 394-5413 sblackledge@pirg.org Petitions From…

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J.M. Smucker* Strengthens Palm Oil Sourcing Policy

Contact: Lucia von Reusner, Green Century Capital Management, (617) 482-0800 BOSTON, MA - July 17, 2014 – Shareholders of J.M. Smucker today…

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Investors Urge Krispy Kreme to Address Palm Oil Impacts

Contact: Lucia von Reusner, Green Century Capital Management, 617-482-0800, lvonreusner@greencentury.com July 1, 2014 Tony…

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Investor Coalition Successfully Urges Natural Gas Companies to Address Impacts of Hydraulic Fracturing Operations

Contact: Lucia von Reusner, Green Century Capital Management, 617-482-0800 lvonreusner@greencentury.com Danielle Fugere, President, As You Sow,…

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Shareholder Statement at Avon Annual Meeting of Shareholders

Fellow Shareholders and Members of the Board, I am here on behalf of Green Century Capital Management to move proxy item no. 5 which was filed by the Green Century Equity Fund. This proposal calls on Avon Products* to articulate the company’s policy for identifying and substituting safer alternatives to chemicals of concern in the company’s personal care products.

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Op-Ed: Urging Shareholders to Vote Money Out of Politics

Free speech in America just got a lot more expensive. The recent McCutcheon Supreme Court decision has widened the floodgates through which special interest money can now flow. This decision, coming on the heels of the corporate spending opened by Citizens United in 2010, will make it even more challenging for ordinary citizens and U.S. consumers to make their voices heard.

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Shareholder Statement Prepared for Kraft Foods Annual Meeting of Shareholders

May 6, 2014: Fellow shareholders and members of the board, my name is Lucia von Reusner with Green Century Capital Management. On behalf of Green Century and our investors, I am here to urge Kraft Foods* to protect shareholder value by refraining from spending corporate funds to influence election outcomes.

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Kraft Foods Faces Pressure to Keep Money Out of Politics

Contact: Lucia von Reusner, Green Century Capital Management (617) 482-0800 lvonreusner@greencentury.com Dev Gowda, Advocate, Illinois PIRG (312)…

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Shareholders Successfully Urge Bed Bath & Beyond* to Reduce Toxic Chemicals

April 17, 2014 - Following pressure from shareholders, Bed Bath & Beyond has taken steps to reduce chemicals of concern in the products sold on its shelves.

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Avon Products Eliminates Toxic Chemical from All Cosmetics

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April 15, 2014 – Responding to pressure from investors and consumers, Avon Products announced that it is eliminating the hazardous and toxic chemical triclosan — a suspected endocrine disruptor — from all of its beauty and personal care products effective immediately

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Responding to Pressure, General Mills Strengthens Palm Oil Commitment

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April 15, 2014 - Responding to growing consumer and investor concern about the risks associated with palm oil production, General Mills* became the latest company to pledge that it will not purchase palm oil that is linked to rampant destruction of the rainforest and carbon emissions.

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Release: Green Century Launches Fossil Fuel Free Investment Video

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Tuesday, March 11, 2014 – Green Century Capital Management launches an animated fossil fuel free investing educational video and outreach program to educate the public and reach potential investors who are interested in moving their investments out of fossil fuel companies for moral and financial reasons.

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Release: Kellogg’s Announces Industry-Leading Palm Oil Commitment

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February 17, 2014 - Green Century applauds Kellogg Company’s* commitment to purchase deforestation-free palm oil and raise the bar for industry ...

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Equity Fund to Divest from Gas Companies, Go Fossil Fuel Free

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February 11, 2014 - Green Century Capital Management announced that the Green Century Equity Fund, which invests in the stocks of the longest running sustainability index, will become the third fossil fuel free diversified responsible mutual fund in the country on April 1, 2014.

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Shareholders Target Companies’ Failure to Measure and Reduce Impacts of Hydraulic Fracturing

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Feb 3, 2014 - Shareholders filed resolutions at five major oil and gas companies, including ExxonMobil*, Chevron*, and EOG Resources*, over failure to disclose measureable reductions in environmental and social impacts of hydraulic fracturing operations.

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Wilmar Statement with Signatories

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  STATEMENT: Investors representing more than $250 billion in assets under management support new steps towards sustainability by Wilmar,¹…

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Institutional Investors Press Palm Oil Industry to Stop Burning Rainforests and Driving Climate Change

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December 3, 2013 — Over 40 institutional investors from across the globe are urging major stakeholders in the palm oil industry to adopt policies that would ensure palm oil development does not contribute to deforestation, development on peatlands, or human rights violations. The coalition of investors, representing $270 billion in assets under management, sent letters to 40 major palm oil producers, financiers and consumers including Wilmar, Golden Agri Resources*, Unilever*, and HSBC.

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Safeway Faces Competitive And Reputational Risks for Failing to Provide GMO Labeling Information, According to Investors

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December 3, 2013 — Safeway is facing pressure from shareholders to meet the growing consumer demand for labeling of products containing genetically modified organisms (GMOs). Citing this unprecedented consumer concern about transparency and recent competitor action on the issue, the Green Century Equity Fund filed a shareholder resolution today urging Safeway to voluntarily label its private line products containing GMOs.

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Kellogg Faces Pressure from Investors to Stop Deforestation and Curb Carbon Emissions in its Supply Chain

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Media Contact: Lucia von Reusner, 617-482-0800, lvonreusner@greencentury.com November 11, 2013 - The Green Century Equity Fund filed a resolution…

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Hydraulic Fracturing Report Card: Industry Scores “F” on Risk Disclosures to Investors

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Shareholder analysis of 24 companies finds energy producers – with BP*, Exxon Mobil*, and Occidental* at the bottom -- failing to adequately report…

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Green Century, 350.org, and Trillium Publish New Paper: Extracting Fossil Fuels from Your Portfolio: A Guide to Personal Divestment and Reinvestment

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October 24, 2013 - "Extracting Fossil Fuels from Your Portfolio: A Guide to Personal Divestment and Reinvestment," a new guide, aims to help…

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Green Century Capital Management Announces New President

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October 10, 2013 - Leslie Samuelrich has been named President of Green Century Capital Management, Inc. “Green Century is thrilled that Leslie is stepping into this role,” said board member, and immediate past President, Wendy Wendlandt.

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Investors to Food Companies: Stay out of Washington State GMO Battle

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October 9, 2013 - Companies that gave $46 million to stop California GMO (genetically modified organisms) labeling risk negative brand reputation…

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Shareholders to Tyson Foods: Disclose Risks Associated with Lagging Behind on Animal Welfare

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August 15, 2013 — Green Century, the Humane Society of the United States, and the United Methodist Church Benefit Board have submitted a resolution asking Tyson Foods, Inc. to disclose the financial and operational risks associated with its use of controversial gestation crates, tiny cages that so severely restrict pigs’ movement, the animals essentially spend their lives unable to even turn around.

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Chevron Shareholders Push for an End to Risky Political Spending

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May 30, 2013 - As Chevron* wraps up its most expensive year of political spending to date, its shareholders are challenging whether this spending…

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Businessweek Reports that Green Century Balanced Fund “Stands Out”

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May 8, 2013 — Businessweek's recently published profile of the Green Century Balanced Fund states that it "stands out" among funds with a low…

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Green Century Balanced Fund’s Carbon Footprint is Almost Half that of the S&P 500®

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April 3, 2013— The Green Century Balanced Fund announced today that it is 49.5% less carbon intensive than the S&P 500® Index* without…

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Investors Press Oil and Gas Companies to Reduce and Report Risks from Hydraulic Fracturing Operations

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Shareholder Resolutions Call for Quantifiable Progress on Environmental Risks, Fugitive Methane Emissions and Other Community Impacts February 15,…

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Green Century Gets Starbucks* to Reduce Carbon Emissions In Response to Shareholder Concerns

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February 21, 2013 — Today, Green Century Capital Management (Green Century) announced that Starbucks has agreed to purchase 100% of the palm oil it…

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Investors Push to End Corporate Political Spending

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Resolutions Call for an End to Political Contributions at Chevron*, Bank of America*, 3M*, Target*, Starbucks*, ExxonMobil* and EQT* January 22,…

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