Socially Responsible Investing Information Update
Updated by Erin Ripperger on March 26, 2025
Recent Portico News Articles
- 2021 Nuveen Investments Delivered Quantifiable Impact for Environment and Community Well-Being, April 18, 2023
- Impax Reports Stronger Positive Environmental Impact in 2021, December 27, 2022
2024 Shareholder Resolutions
Water Scarcity
In order to mitigate water risks related to global water scarcity in high-risk areas, requesting adoption of new policies to help reduce operational and supply chain water usage.
Company: McDonald’s Corp
Status: Co-filers withdrew their resolution once McDonald’s Corp agreed to perform a water risk assessment of its value change in 2024 and increase water-use disclosures.
Company: Monster Beverage Corp
Status: Co-filers withdrew their resolution once Monster Beverage Corp committed to setting targets and disclosed they are in the process of assessing water efficiency projects.
Climate Lobbying
Corporate lobbying activities that are misaligned with the goals of the Paris Agreement present regulatory, reputational, legal, and financial risks; therefore, requesting a report around lobbying activities alignment with the goal of limiting average global warming to 1.5 degrees Celsius.
Company: Meta Platforms
Status: The company failed to respond, and the resolution received an 8.2% “for” vote at the May 29, 2024 meeting.
Human Rights
In order to mitigate human rights risks, asking for an independent third-party report, assessing the effectiveness of its implementation of its Global Human Rights Policy (GHRP) concerning operations in conflict-affected and high-risk areas (CAHRA).
Company: Tripadvisor, Inc.
Status: Co-filers withdrew their resolution once the company agreed to explore conducting a human rights impact assessment and review and update their Global Human Rights Policy with stakeholder input.
In order to mitigate human rights risks, asking for a report evaluating how effectively the company implements its Human Rights Policy and other company efforts to prevent, mitigate, and remedy actual and potential human rights impacts of its operations.
Company: Chevron
Status: The company failed to respond, and the resolution received a 22.2% “for” vote at the May 29, 2024 meeting.
In order to mitigate human rights risks, asking for a report to determine whether customers’ use of its products or services with surveillance technology and artificial intelligence (AI) capability or of its components that support autonomous military and police vehicles, contributes to human rights harms.
Company: Texas Instruments
Status: The company failed to respond, and the resolution received a 22.8% “for” vote at the April 24, 2024 meeting.
Company: Microchip Technology
Status: The company failed to respond, and the resolution received a 16.7% “for” vote at the August 22, 2024 meeting.
Full Value Chain Emissions
In order to mitigate reputational risks and license to operate risks, requesting a climate transition plan, above and beyond existing disclosures, on aligning operational and full value chain emissions with the ambition of limiting global temperature increase to 1.5°C.
Company: AIG
Status: Co-filers withdrew their resolution once AIG committed to developing and publishing a climate transition plan in 2025.
Racial Equity Audit
In order to mitigate legal, financial, reputational, and human capital management risks, requesting disclosure of the findings of an independent racial equity audit.
Company: Becton, Dickinson and Company
Status: Co-filers withdrew their resolution once the company committed to disclose its efforts to identify and reduce any heightened health and environmental impacts from its U.S. operations on adjacent communities of color and low-income communities.
Child Labor
In order to mitigate child labor risks, asking for an independent third-party audit assessing the effectiveness of the Company’s policies and practices in preventing illegal child labor throughout its value chain.
Company: Tyson Foods, Inc.
Status: The company failed to respond, and the resolution received a 13.6% “for” vote at the Feb. 8, 2024 meeting.
Sexual Exploitation of Minors
In order to mitigate risks of its products and services being used to facilitate online sexual exploitation of children, asking for the publication of a report including metrics on the effectiveness of the Company’s efforts such as the amount of child sexual abuse material (CSAM) transmission prevented annually.
Company: Apple, Inc.
Status: Co-filers withdrew their resolution once Apple Inc. agreed to provide additional disclosures on child safety risk and continue engaging investors on the issue.
Proxy Voting
Requesting Board of Directors initiate a review of the Management’s 2023 proxy voting record and proxy voting policies related to diversity and climate change.
Company: State Street Corporation
Status: Co-filers withdrew their resolution as the company is already substantially implementing the ask of the resolution.
Company: The Goldman Sachs Group
Status: The company failed to respond, and the resolution received an 8.2% “for” vote at the April 24, 2024 meeting.
2023 Shareholder Resolutions
Chemical Reduction
In order to mitigate legal, financial, and reputational risks, requesting adoption of new policies to help reduce chemical footprint.
Company: Disney
Status: Co-filers withdrew their resolution once Disney committed to disclose this information.
Climate Lobbying
Corporate lobbying activities that are misaligned with the goals of the Paris Agreement present regulatory, reputational, legal, and financial risks; therefore, requesting a report around lobbying activities alignment with the goal of limiting average global warming to 1.5 degrees Celsius.
Company: Alphabet
Status: The company failed to respond, and the resolution received a 17.9% “for” vote at the June 2, 2023 meeting.
Company: EOG Resources
Status: Co-filers withdrew their resolution once EOG committed to create a report and continue dialogue on the drafting of the report.
Company: Meta Platforms
Status: The company failed to respond, and the resolution received a 9.8% “for” vote at the May 31, 2023 meeting.
Employee Paid Sick Leave
In order to reduce reputational risk and operational risks, requesting a policy that all employees accrue paid sick leave.
Company: CVS
Status: The company failed to respond, and the resolution received a 26.2% “for” vote at the May 18, 2023 meeting.
Human Rights
In order to mitigate human rights risks, asking for a report to determine whether customers’ use of its products or services with surveillance technology and artificial intelligence (AI) capability or of its components that support autonomous military and police vehicles, contributes to human rights harms.
Company: Keysight Technologies
Status: Co-filers withdrew their resolution once Keysight committed to create the report and continue to engage with shareholders on human rights issues.
Company: Texas Instruments
Status: The company failed to respond, and the resolution received a 23% “for” vote at the April 27, 2023 meeting.
Company: Microchip Technology
Status: Outcome not yet available. The resolution will be voted on at the August 2023 meeting.
Methane Emissions
In order to mitigate reputational risks and license to operate risks, requesting a report on methane emission disclosures.
Company: Kinder Morgan
Status: Co-filers withdrew their resolution once Kinder Morgan committed to create greenhouse gas reduction targets and continue dialogue.
Racial Equity Audit
In order to mitigate legal, financial, reputational, and human capital management risks, requesting disclosure of the findings of an independent racial equity audit.
Company: Chevron
Status: The company failed to respond, and the resolution received a 9.8% “for” vote at the May 31, 2023 meeting.
Company: Walmart
Status: The company failed to respond, and the resolution received a 18.2% “for” vote at the May 31, 2023 meeting.
Reproductive Health Care
In order to mitigate reputational risks and create competitive advantages requesting a report on current corporate policies regarding reproductive health care.
Company: Humana
Status: Co-filers withdrew their resolution once Humana committed to create a report.
Worker Safety
In order to mitigate OSHA penalties, staffing issues and related costs, and reputational risks, requesting an audit on policies and practices related to worker safety and well-being.
Company: Dollar General
Status: The company failed to respond, and the resolution received a 67.7% “for” vote at the May 25, 2023 meeting.