Periodically investor groups coordinate public statements or letters in support of various initiatives or policies related to sustainability, environmental, social and governance (ESG) issues, and other materials investment considerations. The Intentional Endowments Network shares these statements here as opportunities for endowments to add their names and offer support, at their own discretion. If you have any questions, please contact us and we can connect you with the organizer(s) of the statements.
Sign-on 2021 Global Investor Statement to Governments on the Climate Crisis
Deadline: Nov 12, 2021
Investors are a key influence on policymakers and, therefore, policy engagement by long-term investors is an important extension of these investors’ responsibilities and fiduciary duties to their beneficiaries. Please sign on to the 2021 Global Investor Statement to Governments on the Climate Crisis by submitting a form here.
SEC Request for Input on Climate Change Disclosures
Deadline: June 14, 2021
SEC Acting Chair Allison Herren Lee, on March 15, 2021, issued a request for public input on improving Commission corporate disclosure requirements relating to climate change and environmental, social and governance (ESG) matters. Commenters were encouraged to submit empirical data and other information on the materiality, costs and benefits of such disclosures.
This presents a unique opportunity for endowments, foundations and other institutional investors. The comment deadline is June 14, 2021. Instructions for making submissions and copies of comments that have already been received are available here.
IEN encourages endowments, managers, and other investors to submit their own individualized letters.
Please visit this page for guidance on key talking points to include, as well as links to other sign-on letters and resources.
Investor Call for Ambitious Methane Regulation for the Oil and Gas Industry
Deadline: April 28, 2021
Join ICCR and Ceres invite you to join an investor call for methane and flaring regulations at the federal level in the U.S (attached). The call aims at supporting and encouraging the Biden administration in its move to roll back and restore, then reinforce and enforce strong methane regulations for the oil and gas industry. The oil and gas sector is a significant contributor of greenhouse gas emissions through methane emissions. Methane emission is a potent greenhouse gas 84 times more powerful than carbon dioxide in its first two decades after release. Researchers estimate that methane from human sources is responsible for at least a quarter of today’s warming.
If you are interested in signing this regulation please use this Sign on form.
Please note: The AUM info will be provided in aggregate only to the public – we will not share individual organization names or AUM. If you have any questions, please email either Clausell Stokes of Ceres ([email protected]) or Stephanie Lavallato of ICCR ([email protected]).
Sign-on Letter for CA Climate Risk Disclosure
Deadline: May 7, 2021
California’s SB 449 would require business entities incorporated in the state to submit a TCFD-aligned, climate-related financial report. It would lead to the first mandatory TCFD aligned reporting in the U.S. The first reports would be due by the end of 2022. Demonstration of strong support from investors will be necessary to pass SB 449. To support this bill, see the sign-on letter and the link to sign-on. Contact Sarah Sachs ([email protected]) and Jennifer Helfrich ([email protected]) with questions.
Sign-on Letter to Support Essential Principles for SEC Climate Change Disclosure Rulemaking
Deadline: May 21, 2021
The SEC has requested public input on climate change disclosures. Strong investor support is essential to encourage the SEC to begin a rulemaking to achieve consistent, comparable disclosure. The essential principles in the sign-on statement include basing disclosure rules on the TCFD, industry-specific metrics, emissions disclosure and inclusion in financial filings. To support the SEC, you can view the letter and sign-on. Contact Billy Gridley, Director and Investor Policy Working Group lead ([email protected]) or Randi Mail ([email protected]) with questions.
Sign-on Letter to Support Shareholder Activism at Exxon.
For many years, Exxon has ignored both the desires of its key stakeholders and the financial risks and opportunities of the transition happening in energy markets toward cleaner, more sustainable forms of energy. As You Sow is working to help form a coalition of stakeholders to weigh in on the actual (and rumored) shareholder activism at ExxonMobil to promote capital disciple and address climate change. Please sign the form at this link to join the coalition.
Statement: Investor statement on sustainable protein supply chains
The FAIRR Initiative invites investors to join this collaborative engagement, which will ask 25 global food retailers and manufacturers to set time-bound commitments to grow the share of nutritious plant-based and alternative proteins in their portfolios, and moderate consumption of animal-based ingredients. This initiative's mission is to enable a transition to healthy and sustainable diets. Companies targeted in the engagement include Conagra, Costco, General Mills, Kraft Heinz, Kroger, Nestle, Unilever and Walmart. The engagement is open to all FAIRR members. To join FAIRR, please contact [email protected] Sign on to the investor statement here.
Statement: Investor statement regarding BlackRock's proxy voting record
Change Finance has facilitated a statement requesting BlackRock change its Proxy Voting Guidelines to increase support of "climate-critical" shareholder resolutions. Currently there is a large disparity between CEO Larry Fink's public statements and BlackRock's support of climate-related shareholder resolutions. This statement asks BlackRock to review and remedy these proxy voting policies. Read the investor statement, sign on, and support the petition.
Statement: Investor statement regarding the need for corporate workplace equity transparency
As You Sow has facilitated a statement focused on investors' needs for greater reporting of key data on diversity and inclusion efforts. This would allow investors to assess and compare the effectiveness of companies' workplace equity programs. View the current signatory list and sign on.
Unmasking Fidelity Campaign
For the last two years, the Unmaking Fidelity Coalition has been challenging Fidelity's role in funneling millions of dollars through Donor Advisor Funds (DAFs) to white supremacist, anti-Muslim, anti-Black, anti-LGBTQ, anti-immigrant organizations. Institutional investors who custody funds at Fidelity may sign on to a campaign to challenge Fidelity’s role in funding these organizations by filling out this form.
Join investors representing more than $538 billion in assets to support publicly traded companies in ending payment of the subminimum wage to all employees. Investors in publicly traded companies have an interest in reducing material risks to their portfolio companies. However, paying a subminimum wage results both in social harm and significant business risk. Sign the statement.
Racial Justice Related Opportunities
Statement: Investors release statement of solidarity and call to action to address systemic racism
A group of investors from the Racial Justice Investing (RJI) Coalition have released a statement of solidarity and call to action to address systemic racism. The statement acknowledges the roots of systemic racism and the responsibilities of the investment community, and identifies specific strategies our community can use to dismantle systemic racism. Read the full statement and sign on to signal your support.
Investor Racial Equity Pledge: Call for IEN members to sign on to the 2020 Belonging Pledge – A commitment to advance racial equity
IEN is pleased to partner with Confluence Philanthropy to support the 2020 Belonging Pledge. In response to another brutal death at the hands of police officers that set off a wave of protests and civil unrest, IEN encourages endowments and investors to commit to this pledge to put racial equity on your investment committee agenda this summer. If you would like to sign onto the pledge, please email us at [email protected].
Due Diligence 2.0
Join asset owners, consultants, and financial intermediaries to commit to moving your capital to BIPOC managers. Sign on here.
Join other endowments in increasing the assets under management for people of color and women owned firms through disclosure and working with your investment consultants and managers. Make the pledge here.
COVID-19 Related Opportunities
Statement: Investor statement to the business community on coronavirus response
In the face of this global pandemic, we are all confronting considerable challenges, from our families and communities to our livelihoods and portfolios. Join other responsible investors in urging the business community to stand with us and take bold action to mitigate the worst threats to our society and markets. Read the full statement and sign on.
Statement: Recommendations for the meat sector during COVID-19
As meatpacking and poultry processing plants have emerged as hot spots for COVID-19, this sign on opportunity urges companies to put in place and monitor several recommendations to protect these workers. Read the full statement and sign on.
UPDATE to Rule 14a-8: SEC poised to enact regulations limiting shareholder rights in Spring 2020
IEN calls for its members to submit a letter to the Securities and Exchange Commission (SEC) or members of Congress urging the SEC to not move forward with voting on the controversial proposed regulations limiting shareholder rights, especially during a time of market uncertainty due to the COVID-19 crisis.
Vanessa A. Countryman: Secretary, U.S. Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090, with reference to File No. S7-23-19
Members of Congress: Send letter to your Congressional Representatives. If you have someone who represents you on the Senate Banking Committee or the House Financial Services, please make sure to share letter with them.
Your Stake Petitions
Yourstake.org lists several active petitions for shareholders to engage with the companies in which they invest. Petitions address issues on equal opportunity, accountability, environmental responsibility, health, and human rights. View current petitions and sign on.
2020 Proxy Resolutions and Voting Guides
The 2020 corporate annual general meeting season has begun, and that means it's time to vote your proxy ballots. Votes in favor of shareholder resolutions in the double digits are very successful in focusing management and investor attention on issues. You can learn more about the shareholder resolutions process here. You can find resolution and voting guides for the 2020 season listed below.
In February 2019, higher education leaders announced a Call to Action: Guiding Principles for Accelerating Equitable and Just Climate Solutions in response to the recent scientific reports that strongly advise unprecedented action in the next decade to avoid the worst impacts of climate change. Institutions are signaling for ambitious cross-sector climate solutions that advance just and equitable sustainability practices on campuses and their surrounding communities.
Developed in coordination with presidents, chancellors, and trustees from higher education institutions of the Climate Leadership Network, the joint declaration took place at the 2019 Higher Education Climate Leadership Summit, an annual event hosted by Second Nature and the Intentional Endowments Network (IEN). The call provides nine guiding principles for higher education institutions to accelerate climate leadership with socially inclusive initiatives and innovative cross-sector partnerships.
Presidents, Chancellors, Trustees, and others with authority to sign on behalf of the institution are invited to do so via the Online Sign-On Form.
PRI invites investors to sign on to a statement committing to support a just transition on climate change. Investors can make an important contribution as stewards of assets, allocators of capital and as influential voices in public policy to make sure that the transition produces inclusive and sustainable development
* Please visit the past sign-on opportunities page to review older letters and statements, and the endowment signatories.