Procter & Gamble shareholders request deforestation disclosures

Although a far cry from activism in its traditional sense to some, there is a widespread feeling that the coronavirus pandemic will intensify the importance of companies’ environmental and social practices. Evidence to that effect was provided this week at Procter & Gamble, where shareholders voted by a margin of two-thirds to one in favor of a shareholder proposal by Green Century Funds requesting a report on the consumer products giant’s impact on deforestation.Q3 2020 hedge fund letters, conferences and moreProcter & Gamble Opposed The Proposal On Reporting On Its Impact Of DeforestationAlt…

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HEDGE accordingly