Tag: Planet Tracker

83% of documents from the plastic value chain make no mention of plastic-related risks

Stuart Mitchell

Planet Tracker recently released a new report “Exposing Plastic Risk”, an in-depth analysis of 8,245 documents, transcripts and filings from all areas of the plastic industry value chain (from upstream companies such as Saudi Aramco and Exxon Mobil to downstream FMCG corporates such as Mondelez and P&G) which reveals alarming tendencies in the plastic value chain’s risk management practices. The report found that the vast majority (83%) of documents from plastic industry executives from across the plastics value chain did not mention any of the risks that the plastic industry…

Read More

Investors not waking up to nature loss risk, with majority voting against biodiversity proposals

Stuart Mitchell

New research published analysing investor voting action finds almost two thirds (62%) of votes on biodiversity proposals were cast against or not voted on, showing investors are still failing to take biodiversity loss seriously, despite half the world’s GDP ($44 trillion) being moderately or highly dependent on nature. Planet Tracker’s latest Report Voting against nature assesses 26,587 votes cast on biodiversity proposals and found that very little, only 7%, of votes provided shareholders’ reasoning for the decision, and those that did were largely when the vote was in favour. Funds…

Read More

New Investor Collaboration Will Engage the Seafood Sector on Key Nature Risks and Impacts

Stuart Mitchell

A coalition of five conservation and biodiversity-focused organizations has launched an initiative that will leverage the power of investors to engage seafood companies on critical nature and biodiversity related impacts and risks. The group announced the effort during a discussion held at The Economist World Ocean Summit today. With the goal to eliminate overfishing, illegality and habitat conversion from seafood value chains, this new initiative will convene a group of like-minded investors to conduct targeted engagement with key seafood companies. WWF, the FAIRR Coller Initiative, UNEP FI’s Sustainable Blue Economy…

Read More

Textiles industry neglecting E and S of ESG, new research finds

Stuart Mitchell

Textile industry shareholder meetings are too focused on governance, to the exclusion of environmental and social proposals, according to new research by financial think tank Planet Tracker, Under Dressed. Of the 1,198 ESG proposals submitted to the annual shareholder meetings of retailers in the Planet Tracker universe since 2015, 87% were on governance issues whilst social and environmental proposals accounted for just 11% and 2% respectively. The research has found that key industry issues, such as fibre mix are not raised in shareholder meetings. Investigations into the data found no…

Read More

Greenwashing growing increasingly sophisticated, says Planet Tracker

Stuart Mitchell

Corporate greenwashing involves a company enhancing – or fabricating – the environmental impact of its services and products. According to the latest report by financial think tank Planet Tracker, The Greenwashing Hydra, this practice has become increasingly sophisticated, taking many different forms. Greenwashing activities range from seemingly innocuous strategies that market a product inaccurately, to practices that emphasise a singular green activity to intentionally distract from broader damaging environmental policies. In the report, Planet Tracker identifies six types of greenwashing: Greencrowding is built on the belief that you can hide…

Read More