Johnson & Johnson

## Campaigns that support ‘people’ speak to the ‘Social’ pillar within the traditional ESG agenda. 

This means focusing on social justice through organisational policies and practices regarding human rights, gender equality, business ethics, supply chain management, diversity and inclusion, and social impacts resulting from corporate operations.

Through our ‘people campaigns’, our mission is to promote personal welfare through corporate responsibility. Our approach is to leverage the collective shareholder rights of our investors to fight to influence the corporate governance of public companies and push them to be more ethical. We want to work towards a world where protecting people is central to corporate decision-making. 

### How can actively engaging with your investments help people?

Shareholders who engage with their shareholder rights and use their proxy votes can push for fairer business practices. If you own enough shares in a company, you can even submit shareholder proposals for other shareholders to vote on, thus opening a valuable avenue for activism. 

### What kind of business practices can we push for?

Promoting a safer workplace is of utmost importance, and we’ve already begun work through our Amazon campaign to push for better working conditions for their warehouse workers. But there are other ways to improve a business from a social standpoint. For example, racial equity audits are being implemented in some major global brands to help pinpoint issues with diversity and inclusion. Equal pay and gender equality are other ways to improve social initiatives. It’s also important to monitor how a business’s choices affect their consumers, for instance including potentially harmful ingredients such as talc in skin care products that can potentially cause cancer. 



Health Equity

ExxonMobil

Caterpillar Inc.

Bank of America Corp

BlackRock, Inc.

Skechers USA, Inc.

Raytheon 

Netflix Inc.

Morgan Stanley

Wells Fargo & Co.

Chubb

CarMax Inc.

Papa John’s

Lockheed Martin Corp

Berkshire Hathaway

Goldman Sachs Group

Deere & Co.

Alphabet, Inc.

# Campaigns that support our ‘planet’ speak to the ‘Environmental’ pillar within the traditional ESG agenda. 

We want to push big businesses to do better in making our planet more sustainable, focusing on organisational policies and practices regarding fossil fuels, climate justice, sustainability, animal welfare, and other environmental issues. 

Through our planet campaigns, our mission is to promote environmental corporate responsibility through shareholder engagement. We want to work towards a sustainable world in which protecting the environment is central to corporate decision-making. 


### How engaging with your investments can help the planet

Governments often put pressure on the private sector to be more sustainable, but for lasting change, the pressure must also come from within.  Publicly-held companies cannot ignore their shareholders. Therefore, shareholders who engage with their shareholder rights and use their proxy votes can push for more sustainable business practices. If you own enough shares in a company, you can even submit shareholder proposals for other shareholders to vote on, thus opening a valuable avenue for activism. 


### What does business sustainability look like?

There has been a lot of focus on sustainability in the past few years, but there is still a lot of work to be done when it comes to measuring targets and effectiveness. It’s going to take a huge effort from the financial industry and global governments to increase the efficacy of sustainability targets, but it can be done. Tulipshare seeks to identify opportunities to drive these changes through shareholder activism where we leverage our investments to fight to influence a corporation's behaviour. 

What’s more, our campaigns are another way to unify shareholder voices and make sure businesses are subjected to higher standards when it comes to looking after our planet.

Climate Change

PayPal Holdings Inc

Apple Inc.

Procter & Gamble

Capri Holdings Ltd.

JPMorgan

Meta Platforms Inc.

Post Holdings

### Corporate governance pertains to the system by which a company is run. 

Campaigns in the corporate governance category address the system of rules, policies, and practices that dictate how a company’s board of directors manage operations of a company, including principles of transparency, accountability, and security.  Matters that pertain to corporate governance can include board composition, executive compensation, political contribution, and lobbying. Poor corporate governance, at best, leads to a company failing to achieve its goals. At worst, it can lead to a company’s collapse and significant financial loss for its shareholders. We want to ensure companies are run fairly and in a responsible way both for their workforce and society at large.

It’s important for shareholders to stay informed about corporate governance as changes in governance can have an enormous effect on not only the business, but also the businesses wider community and even global impact. 

**How engaging with your investments can influence corporate governance**

Publicly held companies are required by the Securities and Exchange Commission (SEC) to distribute proxy statements ahead of their annual general meeting (AGM), which should contain information about any proposed nominations or changes to the board of directors as well as executive pay rises. However, how this is communicated to you as an investor is not standardised across all investment platforms which can make it tricky for investors to keep up with all the current information. 

Shareholders have an opportunity to vote on these matters at the AGM or by proxy. Additionally, some shareholders can also request disclosures on a company’s lobbying activities, to shed light on political activity and contributions.

**What can we do to push businesses to have better governance?**

Shareholders have good reason to be concerned about a CEO’s paycheck because excessive pay contributes to inequality not just through pay structures within the company, but in the economy as a whole. It’s important to remember that an increase in a CEO’s paycheck does not necessarily mean their value to the company has increased. So perhaps it’s no surprise that we’re starting to see an increase in investors having a ‘say-on-pay.’

Electing a good board of directors is also highly important and drastic changes to the board can equal drastic changes to corporate governance. This was demonstrated recently when Exxonmobil was forced by shareholders to fire three of its board directors and replace them with three new directors whose aim was to help the company reduce its carbon footprint.

Besides staying informed and encouraging shareholders to vote in the proxy season, Tulipshare’s focus is to fight for the things our users are passionate and leverage shareholder rights wherever possible. If you would like to suggest a campaign that pertains to corporate governance, we’d love to [hear from you ](https://tulipshare.com)

Operational Transparency

Nike

Amazon

# Campaigns that support ‘people’ speak to the ‘Social’ pillar within the traditional ESG agenda.
This means focusing on social justice through organisational policies and practices regarding human rights, gender equality, business ethics, supply chain management, diversity and inclusion, and social impacts resulting from corporate operations.

Through our ‘people campaigns’, our mission is to promote personal welfare through corporate responsibility. Our approach is to leverage the collective shareholder rights of our investors to fight to influence the corporate governance of public companies and push them to be more ethical. We want to work towards a world where protecting people is central to corporate decision-making.

## How can engaging with your investments help people?
Shareholders who engage with their shareholder rights and use their proxy votes can push for fairer business practices. If you own enough shares in a company, you can even submit shareholder proposals for other shareholders to vote on, thus opening a valuable avenue for activism.

## What kind of business practices can we push for?
Promoting a safer workplace is of utmost importance, and we’ve already begun work through our Amazon campaign to push for better working conditions for warehouse workers. But there are other ways to improve a business from a social standpoint. For example, racial equity audits are being implemented in some major global brands to help pinpoint issues with diversity and inclusion. Equal pay and gender equality are other ways to improve social initiatives. It’s also important to monitor how a business’s choices affect its consumers, for instance including potentially harmful ingredients such as talc in skin care products that can potentially cause cancer.

Workers Rights

Ford

Salesforce

Honeywell

Halliburton

UnitedParcelService

Eli Lilly and Co.

Philip Morris

Biogen Inc.

## Campaigns that support ‘people’ speak to the ‘Social’ pillar within the traditional ESG agenda. 

This means focusing on social justice through organisational policies and practices regarding human rights, gender equality, business ethics, supply chain management, diversity and inclusion, and social impacts resulting from corporate operations.

Through our ‘people campaigns’, our mission is to promote personal welfare through corporate responsibility. Our approach is to leverage the collective shareholder rights of our investors to fight to influence the corporate governance of public companies and push them to be more ethical. We want to work towards a world where protecting people is central to corporate decision-making. 

### How can engaging with your investments help people?

Shareholders who engage with their shareholder rights and use their proxy votes can push for fairer business practices. If you own enough shares in a company, you can even submit shareholder proposals for other shareholders to vote on, thus opening a valuable avenue for activism. 

### What kind of business practices can we push for?

Promoting a safer workplace is of utmost importance, and we’ve already begun work through our Amazon campaign to push for better working conditions for warehouse workers. But there are other ways to improve a business from a social standpoint. For example, racial equity audits are being implemented in some major global brands to help pinpoint issues with diversity and inclusion. Equal pay and gender equality are other ways to improve social initiatives. It’s also important to monitor how a business’s choices affect its consumers, for instance including potentially harmful ingredients such as talc in skin care products that can potentially cause cancer. 



Racial Equity

Mondelez

Child Labour

Tesla Inc.

# Corporate governance pertains to the system by which a company is run.
Campaigns in the corporate governance category address the system of rules, policies, and practices that dictate how a company’s board of directors manage operations of a company, including principles of transparency, accountability, and security. Matters that pertain to corporate governance can include board composition, executive compensation, political contribution, and lobbying. Poor corporate governance, at best, leads to a company failing to achieve its goals. At worst, it can lead to a company’s collapse and significant financial loss for its shareholders. We want to ensure companies are run fairly and in a responsible way both for their workforce and society at large.

It’s important for shareholders to stay informed about corporate governance as changes in governance can have an enormous effect on not only the business, but also the businesses wider community and even global impact.

## How engaging with your investments can influence corporate governance

Publicly held companies are required by the Securities and Exchange Commission (SEC) to distribute proxy statements ahead of their annual general meeting (AGM), which should contain information about any proposed nominations or changes to the board of directors as well as executive pay rises. However, how this is communicated to you as an investor is not standardised across all investment platforms which can make it tricky for investors to keep up with all the current information.

Shareholders have an opportunity to vote on these matters at the AGM or by proxy. Additionally, some shareholders can also request disclosures on a company’s lobbying activities, to shed light on political activity and contributions.

## What can we do to push businesses to have better governance?

Shareholders have good reason to be concerned about a CEO’s pay check, because excessive pay contributes to inequality not just through pay structures within the company, but in the economy as a whole. It’s important to remember that an increase in a CEO’s paycheck does not necessarily mean their value to the company has increased. So perhaps it’s no surprise that we’re starting to see an increase in investors having a ‘say-on-pay.’

Electing a good board of directors is also highly important and drastic changes to the board can equal drastic changes to corporate governance. This was demonstrated recently when Exxonmobil was forced by shareholders to fire three of its board directors and replace them with three new directors whose aim was to help the company reduce its carbon footprint.

Besides staying informed and encouraging shareholders to vote in the proxy season, Tulipshare’s focus is to fight for the things our users are passionate and leverage shareholder rights wherever possible. If you would like to suggest a campaign which pertains to corporate governance, we’d love to hear from you.

CEO Pay

Microsoft

AT&T

Mastercard Inc

AbbVie Inc.

# Corporate governance pertains to the system by which a company is run.
Campaigns in the corporate governance category address the system of rules, policies, and practices that dictate how a company’s board of directors manages operations of a company, including principles of transparency, accountability, and security. Matters that pertain to corporate governance can include board composition, executive compensation, political contribution, and lobbying. Poor corporate governance, at best, leads to a company failing to achieve its goals. At worst, it can lead to a company’s collapse and significant financial loss for its shareholders. We want to ensure companies are run fairly and in a responsible way both for their workforce and society at large.

It’s important for shareholders to stay informed about corporate governance as changes in governance can have an enormous effect on not only the business, but also the business's wider community and even global impact.

## How engaging with your investments can influence corporate governance

Publicly held companies are required by the Securities and Exchange Commission (SEC) to distribute proxy statements ahead of their annual general meeting (AGM), which should contain information about any proposed nominations or changes to the board of directors as well as executive pay rises. However, how this is communicated to you as an investor is not standardised across all investment platforms which can make it tricky for investors to keep up with all the current information.

Shareholders have an opportunity to vote on these matters at the AGM or by proxy. Additionally, some shareholders can also request disclosures on a company’s lobbying activities, to shed light on political activity and contributions.

## What can we do to push businesses to have better governance?

Shareholders have good reason to be concerned about a CEO’s paycheck, because excessive pay contributes to inequality not just through pay structures within the company, but in the economy as a whole. It’s important to remember that an increase in a CEO’s paycheck does not necessarily mean their value to the company has increased. So perhaps it’s no surprise that we’re starting to see an increase in investors having a ‘say-on-pay.’

Electing a good board of directors is also highly important and drastic changes to the board can equal drastic changes to corporate governance. This was demonstrated recently when Exxonmobil was forced by shareholders to fire three of its board directors and replace them with three new directors whose aim was to help the company reduce its carbon footprint.

Besides staying informed and encouraging shareholders to vote in the proxy season, Tulipshare’s focus is to fight for the things our users are passionate and leverage shareholder rights wherever possible. If you would like to suggest a campaign that pertains to corporate governance, we’d love to hear from you.

Political Spending

Coca-Cola

McDonald's

Dow Inc.

RBI Inc

YUM! Brands, Inc.

# Campaigns that support our ‘planet’ speak to the ‘Environmental’ pillar within the traditional ESG agenda.

We want to push big businesses to do better in making our planet more sustainable, focusing on organisational policies and practices regarding fossil fuels, climate justice, sustainability, animal welfare, and other environmental issues.

Through our planet campaigns, our mission is to promote environmental corporate responsibility through shareholder engagement. We want to work towards a sustainable world in which protecting the environment is central to corporate decision-making.

## How engaging with your investments can help the planet
The UK government has put pressure on the private sector to be more sustainable, but for lasting change the pressure must also come from within. Publicly-held companies cannot ignore their shareholders. Therefore, shareholders who engage with their shareholder rights and use their proxy votes can push for more sustainable business practices. If you own enough shares in a company, you can even submit shareholder proposals for other shareholders to vote on, thus opening a valuable avenue for activism.

## What does business sustainability look like?
There has been a lot of focus on sustainability in the past few years, but there is still a lot of work to be done when it comes to measuring targets and effectiveness. It’s going to take a huge effort from the financial industry and global governments to increase the efficacy of sustainability targets, but it can be done. Tulipshare seeks to identify opportunities to drive these changes through shareholder activism where we leverage our investments to fight to influence a corporation's behaviour.

What’s more, our campaigns are another way to unify shareholder voices and make sure businesses are subjected to higher standards when it comes to looking after our planet.

Plastic Pollution

City to Sea is a not-for-profit organisation, campaigning to stop plastic pollution at source.

City to Sea

**Proud to partner with City to Sea for this campaign**

City to Sea is a not-for-profit organisation, campaigning to stop plastic pollution at source. Their award-winning campaigns tackle the single use plastic items most found on our beaches and in our rivers and oceans. City to Sea design and deliver innovative behaviour-change campaigns that help to stop plastic pollution. From tech-powered solutions, petitions and big media campaigns to grassroots community-led action and game-changing education programmes, City to Sea’s award-winning initiatives are helping individuals and organisations reduce single-use plastic and have a measurable, lasting impact.

The Coca-Cola Company is a beverage company. The Company's segments include Europe, Middle East and Africa; Latin America; North America; Asia Pacific; Global Ventures; and Bottling Investments. It owns or licenses and markets various beverage brands, which are grouped into categories, such as Coca-Cola; sparkling flavors; water, sports, coffee and tea; juice, dairy and plant-based beverages; and emerging beverages. It owns and markets six nonalcoholic sparkling soft drink brands, such as Coca-Cola, Sprite, Fanta, Diet Coke /Coca-Cola Light, and Coca-Cola Zero Sugar. Its water, sports, coffee and tea brands include quarius, Ayataka, BODYARMOR, Ciel, Costa, dogadan, Dasani, FUZE TEA, Georgia, glaceau smartwater, glaceau vitaminwater, Gold Peak, Powerade and others. The Company’s juice, dairy and plant-based beverages brands include AdeS, Del Valle, fairlife, innocent, Minute Maid, Minute Maid Pulpy and Simply. The Company products are available to consumers in more than 200 countries.

Purchase shares before the record date if you want to vote at the AGM.

Estimated 2023 record date for Coca-Cola

Next Coca-Cola AGM 

We sent an email to engage on this issue. 

Coca-Cola's IR team contacted

**Goal**

Tulipshare and [City to Sea](https://www.citytosea.org.uk/) are calling on The Coca-Cola Company to adopt an ambitious target of reducing the number of single-use plastic bottles it  distributes annually by 25% (currently, Coca-Cola sells [more than 100 billion](https://www.plasticsoupfoundation.org/en/2022/02/is-coca-colas-latest-promise-really-a-step-forward/#:~:text=BIGGEST%20POLLUTER%20IN%20THE%20WORLD,is%20not%20collected%20and%20processed.) plastic bottles every year, or 200,000 bottles a minute). This should be achieved by a huge market shift away from single use packaging towards refill and reuse. The goal would sit alongside the [existing goal](https://www.coca-colacompany.com/news/coca-cola-announces-industry-leading-target-for-reusable-packaging) of 25% of all beverages globally across its brands portfolio to be sold in refillable or returnable glass or plastic bottles, or refillable containers through traditional fountains or Coca-Cola Freestyle dispensers, by 2030.

**The Issue:**

Currently returnable glass bottles and refillable PET [represents](https://www.coca-colacompany.com/news/coca-cola-announces-industry-leading-target-for-reusable-packaging#:~:text=Returnable%20glass%20bottles%20and%20refillable,sales%20in%20another%2020%20markets.) more than 50% of Coca-Cola’s product sales in more than 20 markets, and more than 25% of sales in another 20  markets. Traditional refillable/returnable packaging accounted for approximately 16% of the company’s total volume in 2020. Despite Coca-Cola’s “Every Bottle Back” and “World Without Waste” campaigns, the company retained its title as the [world’s top plastic polluter](https://www.breakfreefromplastic.org/wp-content/uploads/2021/10/BRAND-AUDIT-REPORT-2021.pdf) for the fourth year in a row.

This campaign is asking them to ramp this up by switching single use plastic market share to that of refill and reuse and to make sure this is an affordable and  accessible option for customers in all the markets in which it operates. This request presents an opportunity for Coca-Cola to shift away from deceptive marketing regarding its sustainability efforts – an issue [under scrutiny](https://www.natlawreview.com/article/coca-cola-sued-deceptive-sustainability-claims#:~:text=Meanwhile%2C%20according%20to%20the%20Complaint,terephthalate%20(PET)%20bottle%20output.) in the U.S. court system – and to help forge a path toward a [circular economy](https://archive.ellenmacarthurfoundation.org/explore/plastics-and-the-circular-economy).

**Why this is Important:** 

Coca-Cola produces [200,000 single-use plastic bottles every minute](https://www.plasticsoupfoundation.org/en/2022/02/is-coca-colas-latest-promise-really-a-step-forward/#:~:text=BIGGEST%20POLLUTER%20IN%20THE%20WORLD,is%20not%20collected%20and%20processed.) . They are responsible for about  one fifth of the world’s entire PET plastic usage. At the same time The Coca-Cola Company has been  named as the [world’s worst](https://www.reuters.com/business/sustainable-business/coca-cola-criticized-plastic-pollution-pledges-25-reusable-packaging-2022-02-10/#:~:text=The%20company%20was%20the%20world's,annual%20report%20released%20in%20October.) corporate plastic polluter for the fourth year in a row. Its single-use  plastic bottles were the most frequently found discarded on beaches, rivers, parks and other litter  sites in 51 of 55 nations surveyed.

As well as plastic pollution and littering, the production of single-use plastics on this scale is having a  disastrous effect on our efforts to tackle the climate crisis. Greenhouse gases (GHGs) from the  plastics industry are huge. The plastic industry currently pumps out a massive 850  million metric tonnes of GHGs – the equivalent of 189 coal-fired power plants in a year, almost double the entire emissions of the [aviation sector](https://theconversation.com/plastic-warms-the-planet-twice-as-much-as-aviation-heres-how-to-make-it-climate-friendly-116376). GHGs are  emitted at every stage of the plastics lifecycle, from its extraction and transport, refining and  manufacture, through to waste management. The Center for International Environmental Law (CIEL) estimates that if trends continue, plastics will account for 20% of oil [consumption by 2050](https://www.ciel.org/news/fueling-plastics/). By 2050, the GHGs from plastic [could reach](https://www.ciel.org/project-update/plastic-climate-the-hidden-costs-of-a-plastic-planet/) over 56  gigatons, roughly 10-13% of the entire remaining carbon budget.

Plastic production is set to rise over the next decade, driven in large part by single-use plastic  packaging. In fact, if we changed nothing at all about the plastic industry as it currently operates, it is estimated that plastic pollution [could double](https://news.un.org/en/story/2021/10/1103692) by 2035 and triple by 2050. The impact it’s having on the oceans, terrestrial environment, wildlife and human health  is devastating – and it’s felt the most by those in marginalised communities creating a social justice as well as environmental issue. The harm caused by plastic begins at the very start of its lifecycle.  Much of the plastic and petrochemical infrastructure [is located](https://news.un.org/en/story/2021/03/1088712) in areas where people are experiencing disadvantages due to socio-economic disparities. This is a situation seen around the  world. Plastic production, use, and disposal is much more than an environmental problem, it’s also a social justice, racial justice and human rights issue.
 
The responsibility for this climate, ecological, and social crisis sits with those who produce and manufacture single-use plastics in the greatest quantity. This campaign serves a foundation stone for beginning to take that responsibility seriously.

**Supporting This Campaign** 

Tulipshare is in contact with Coca-Cola's investor relations team in hopes of coming to a resolution and has not yet submitted a proposal in respect of this campaign for their 2023 AGM. By investing behind this campaign, you are adding your voice to a group of investors passionate about creating  better plastic policies at Coca-Cola.

When Coca-Cola shares their proxy statement ahead of their 2023 Annual General Meeting ("AGM"),  they will reveal the date in which shareholders are required to hold shares to be eligible to vote. This is known as the record date. This date tends to fall around the same time year over year. Based on last year’s record date, you would need to buy shares by February 23, 2023 to be able to vote at Coca-Cola's 2023 AGM, however we won't know the record date for certain until Coca-Cola issues their proxy  statement closer to their AGM.




We recommend that The Coca-Cola Company reduces its single-use plastic bottle usage by 25% by  2025.

Reduce Single-Use Plastic Bottle Sales by 750,000,000 a Year by 2025

@CocaCola reduce single-use plastic bottle sales by 750,000,000 a year by 2025

McDonald's Corporation operates and franchises McDonald's restaurants. The Company's restaurants serve a locally relevant menu of food and beverages. Its restaurants are owned and operated by independent local business owners. Its segments include the United States, International Operated Markets and International Developmental Licensed Markets & Corporate. Its International Operated Markets segment includes its operations in markets, such as Australia, Canada, France, Germany, Italy, the Netherlands, Spain and the United Kingdom. Its International Developmental Licensed Markets & Corporate segment includes markets in over 80 countries, as well as corporate activities. Its digital offerings include drive thru, takeaway, delivery, curbside pick-up and dine-in. Its menu includes hamburgers and cheeseburgers, the Big Mac, the Quarter Pounder with Cheese, the Filet-O-Fish, the McChicken and other chicken sandwiches, Chicken McNuggets, World Famous Fries, salads and others. 

Next McDonald's AGM

Estimated 2023 record date for McDonald's

McDonald’s itself states that these are “some serious numbers,” but another serious number connected to McDonald’s operations is the [153,000 metric tons](https://www.worldwildlife.org/publications/transparent-2020) of plastic packaging the company used in its beverage cups, lids, and utensils alone, or the estimated [2 million tons](https://www.sidmartinbio.org/how-much-waste-does-mcdonalds-produce-per-year/#How_much_plastic_waste_does_McDonalds_produce) of packaging waste the company produces each year – which is about three tons of waste every minute. Considering that only [9% of all plastics](https://www.nationalgeographic.org/article/whopping-91-percent-plastic-isnt-recycled/#:~:text=Of%20the%208.3%20billion%20metric,the%20natural%20environment%20as%20litter.) ever made have been recycled, these numbers significantly contribute to the global plastic pollution crisis and must be corrected.

**Our Goal** 

Our goal is to support *As You Sow’s* [proposal](https://www.asyousow.org/resolutions/2022/12/8-mcdonalds-reusable-packaging) to McDonald’s by launching a campaign that allows individuals to invest in a more sustainable future and hold McDonald’s accountable for its continued usage of substantial amounts of plastic packaging while plastic pollution grows unabated by voting at the company’s next shareholder meeting. The proposal requests that the McDonald’s Board of Directors issue a report: (1) assessing the reputational, financial, and operational risks associated with continuing to use substantial amounts of plastic packaging while plastic pollution grows unabated; (2) evaluating the benefits of dramatically reducing the amount of plastics used in packaging; and (3) describing how McDonald’s can further reduce single-use packaging, including any planned reduction strategies or goals, materials redesign, transition to reusables, substitution, or reductions in use of virgin plastic. A “win” would result in McDonald’s being required to issue that report describing how the company will reduce its plastics use in alignment with the reductions findings of the [Pew Report](https://www.pewtrusts.org/en/research-and-analysis/articles/2020/07/23/breaking-the-plastic-wave-top-findings), or other authoritative sources, to feasibly reduce ocean pollution.

**Why It’s Important**

The growing plastic pollution crisis poses increasing risks to the global population, investors of the company, and McDonald’s itself. Corporations could face an [annual financial risk](https://www.pewtrusts.org/-/media/assets/2020/07/breakingtheplasticwave_report.pdf) of approximately $100 billion should governments require them to cover the waste management costs of the packaging they produce, a policy that is increasingly being enacted around the globe. McDonald’s itself recognizes that its biggest opportunity area for improvement is in fixing its packaging, and recycling alone will not fix the plastic pollution crisis. The company noted that, “we know that when packaging and plastic waste aren’t recovered or recycled correctly, it can have a [negative impact on our planet, creating litter and pollution](https://corporate.mcdonalds.com/corpmcd/our-purpose-and-impact/our-planet/packaging-and-waste.html).”

Pew Charitable Trusts released a groundbreaking study, [Breaking the Plastic Wave (Pew Report)](https://www.pewtrusts.org/en/research-and-analysis/articles/2020/07/23/breaking-the-plastic-wave-top-findings), concluding that if all current industry and government commitments were met, ocean plastic deposition would be reduced by only 7%. Without immediate and sustained new commitments throughout the plastics value chain, annual flows of plastics into oceans could nearly triple by 2040.  

The Pew report finds that improved recycling is insufficient to stem the plastic tide -- it must be coupled with reductions in use, materials redesign, and substitution. It concludes that at least one-third of plastic use can be reduced and that reduction is the most attractive solution from environmental, economic, and social perspectives.  The European Union has [banned 10 single-use plastic products](https://ec.europa.eu/environment/topics/plastics/single-use-plastics_en) commonly found in ocean cleanups and enacted a $1/kg tax on non-recycled plastic packaging waste.

McDonald’s is part of a [“to go” packaging culture](https://civileats.com/2020/01/14/plastic-to-go-containers-are-bad-but-are-the-alternatives-any-better/), contributing to plastic pollution of land and water through its disposable packaging. The company has removed polystyrene foam containers from its operations but continues to use significant amounts of single-use plastic. McDonald’s reported the tonnage of plastic packaging it used in its beverage cups, lids, and utensils in 2018 at 153,000 metric tons, with only 2% recycled content.  To reduce plastic use, McDonald’s should position the company to shift permanently away from single-use packaging and towards [reusable containers](https://oceana.org/blog/how-reusable-bottles-and-containers-can-help-save-ocean/#:~:text=Oceana%20estimates%20that%20just%20a,of%20the%20ocean%20each%20year.).

Competitor Starbucks is [shifting away from single-use packaging](https://stories.starbucks.com/stories/2022/starbucks-innovates-tests-and-learns-from-store-partners-to-achieve-waste-goals/) and developing new global reusable container goals, which could reduce plastic use by thousands of tons. 

Unilever has taken the most significant corporate action to date, agreeing to [cut virgin plastic packaging by 50% by 2025](https://www.unilever.com/news/press-and-media/press-releases/2019/unilever-announces-ambitious-new-commitments-for-a-waste-free-world/), including absolute elimination of 100,000 tons of plastic packaging. Seventeen other consumer goods companies have [virgin plastic reduction goals](https://www.asyousow.org/report-page/plastic-pollution-scorecard-2021/), including Procter & Gamble, Colgate-Palmolive, Nestlé, and Target. McDonald’s has only set a virgin plastic reduction goal in relation to its [Happy Meal toys](https://www.cnbc.com/2021/09/21/mcdonalds-to-offer-more-sustainable-happy-meal-toys-by-end-of-2025.html).

As the world’s largest fast-food chain operating in 118 countries and territories across the world, McDonald’s should be required to issue a report describing how the company will reduce its plastics use in alignment with the reductions findings of the Pew Report, or other authoritative sources, to feasibly reduce ocean pollution.

**2022 AGM Results**

McDonald's held their 2022 AGM virtually on May 26, 2022. You can read the company's [2022 proxy statement](https://corporate.mcdonalds.com/content/dam/gwscorp/assets/investors/events-presentations/meeting-resources/MCD%202022%20Proxy%20Statement.pdf) to see which shareholder resolutions were on the ballot. Investors who held shares by March 28, 2022 (also known as the record date) were eligible to vote at the 2022 AGM.

Sadly AYS' proposal did not receive a majority backing at the company’s 2022 AGM, though it did receive a substantial 41.9% support. This is an encouraging result which enables a re-filing for next year, and has likely caught the attention of McDonald’s management. We will work closely with As You Sow to keep you updated on the next steps. You can review the company’s [Form 8-K filing here](https://sec.report/Document/0000063908-22-000028/).

**Next AGM**

We won’t know McDonald's next AGM until the company releases its 2023 Proxy Statement, but based on 2022 dates we expect the 2023 AGM to be held sometime around 26th May 2023.

**AGM Record Date**

The record date pertains to the date by which investors must hold their shares in a company in order to participate in the company’s AGM. We won’t know PayPal’s 2023 record date until the company’s 2023 proxy statement is released, but based on their 2022 dates we expect it to be sometime around 28th March 2023.



McDonald’s is the world’s largest fast-food chain by revenue with an estimated 2 million tons of packaging waste year over year.

McDonald’s is the world’s largest fast-food chain by revenue, with over 34,000 restaurants operating in 118 countries and territories across the world; in the U.K. alone, McDonald’s operates 1,200 restaurants serving more than 3.8 million customers each day. 

McDonald’s Must Enact Better Sustainable Packaging Policies for Plastics

As You Sow

#### Proud to Partner With As You Sow On This Campaign

As You Sow is the nation’s leading shareholder advocacy nonprofit, with a 30-year track record promoting environmental and social corporate responsibility and advancing values-aligned investing. Its issue areas include climate change, ocean plastics, pesticides, racial justice, workplace diversity, and executive compensation. The strategic partnership between As You Sow and Tulipshare empowers retail investors globally to use their shareholder power in support of resolutions on climate, racial justice, and other pressing issues.

Dow Inc. serves as a holding company for The Dow Chemical Company and its subsidiaries. The Company conducts its operations through six global businesses, which are organized into segments, such as Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure and Performance Materials & Coatings. Packaging & Specialty Plastics segment consists of two integrated global businesses: Hydrocarbons & Energy and Packaging and Specialty Plastics. The segment employs polyolefin product portfolio. Industrial Intermediates & Infrastructure segment consists of two customer-centric global businesses, such as Industrial Solutions and Polyurethanes & Construction Chemicals that develop intermediate chemicals that are essential to manufacturing processes, as well as downstream, customized materials and formulations that use advanced development technologies. Performance Materials & Coatings segment consists of two global businesses: Coatings & Performance Monomers and Consumer Solutions.

AYS met with Dow for second time to discuss current campaign

Meeting with Dow

2023 Dow AGM

You must have purchased Dow shares before this date to vote at the 2023 AGM.

2023 record date for Dow Inc.

**Our Goal**

Our goal is to support As You Sow’s [proposal](https://www.asyousow.org/resolutions/2022/10/31-dow-inc-petrochemical-risks-single-use-plastics) to Dow Inc. by allowing individuals to invest to push Dow to adapt to a world that wants less plastic. 
 
A “win” would result in Dow agreeing to issue an audited report addressing whether and how a significant reduction in virgin plastic demand would affect the Company’s financial position and assumptions underlying its financial statements. This report would include:

- A breakdown of the company’s polymer production for single use plastic (SUP) markets;
- A summary or list of the company’s existing and planned investments that may be materially impacted by the [System Change Scenario (SCS)](https://www.pewtrusts.org/-/media/assets/2020/07/breakingtheplasticwave_report.pdf);
- Plans or goals to shift its business model from virgin to recycled plastics and to utilise recycling technologies that are cost-effective, process and energy efficient, and environmentally sound

**Why It's Important**

Plastic pollution is one of the most visible and disturbing examples of the current global environmental crisis, leaving no region or person untouched. Plastics actively [threaten](https://wwfint.awsassets.panda.org/downloads/wwf_pctsee_report_english.pdf) the world’s oceans, wildlife, and public health. Of particular concern are [single-use plastics (SUPs)](https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32019L0904&from=EN#page=8) which make up the largest component of the [11 million metric tons](https://www.minderoo.org/plastic-waste-makers-index/findings/executive-summary/) of plastic ending up in waterways annually. Without drastic action, this amount could triple by 2040. Critical to addressing, let alone solving the plastic crisis, is stopping virgin plastic at the point of production, and that is why As You Sow’s resolution filed with Dow Inc. (Dow) is so important.
 
It is simply unacceptable and unfeasible for plastic production to continue as it has, nor is it an acceptable business model for Dow and its shareholders as consumers and markets shift away from virgin plastic.
 
The plastic pollution crisis is an incredibly complex issue, and “solving” it will take systemic change from governments, companies, individuals, and society as a whole. The problem is so complex that there are [multiple scenarios](https://www.science.org/doi/full/10.1126/science.aba9475) where plastic pollution is reduced, though not entirely eliminated. The recent Breaking the Plastic Wave [report](https://www.pewtrusts.org/-/media/assets/2020/07/breakingtheplasticwave_report.pdf) from the Pew Charitable Trust and Systemio (along with partners like the University of Oxford and University of Leeds) found that plastic leakage into the ocean can be feasibly reduced by 80% under its System Change Scenario (SCS), which is based on a significant absolute reduction of virgin SUPs – which is exactly what this resolution could help lead to.
 
So, it is good to be realistic: stopping virgin plastic production is not the “Ultimate Solution”. But it is a necessary step in any scenario that has a chance of curbing the plastic crisis. Additionally, for those who might be thinking, “wow, this might also be great for reducing demand for oil,” you are correct. Less demand for virgin plastic means less demand for its base ingredient. Even BP has recognized the potential disruption that global SUP reductions could have on the oil industry in its [2019 Outlook](https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/energy-outlook/bp-energy-outlook-2019.pdf#page=18), where it found a global SUP ban by 2040 would reduce oil demand growth.
 
Two birds, one stone right there.
 
For all of the above reasons, we are asking you to support the resolution filed by As You Sow because it represents a vital opportunity for Dow to assess and report the material risk of ongoing SUP production, a meaningful action towards its stated commitment to “stop the waste and close the loop.” Your support represents a call to action and an invitation for Dow to meaningfully address a shift away from SUP and its impact on its operations and the planet. There is no silver bullet, but this resolution is a necessary step towards long-overdue action.

**AGM results**

AYS's proposal earned a supporting vote of 30.2%.

**Next AGM**

Dow's 2023 AGM is on the 14th April 2023 at 8am Eastern Time (1pm GMT).  

**AGM Record Date**

The record date pertains to the date by which investors must hold their shares in a company in order to participate in the company’s AGM. Dow’s 2023 record date is the 15th February 2023. 

**Supporting This Campaign**

If you purchase Dow stock from Tulipshare before the next AGM record date, you will be eligible to vote at the next Dow AGM and receive an email from us closer to the deadline about how to do so.  






Tulipshare wants a plan for reducing single-use plastics at Dow

Dow Inc. (Dow) is a chemical company that produces various materials, and it was recently identified as the 2nd largest global producer of single-use plastic (SUP)-bound polymers, which can be transformed into any single-use plastic, from sweet wrappers to bottles to artificial Christmas trees. But plastic is a problem for the planet, and it’s a problem for Dow and its shareholders as market demand shifts and potential regulatory restrictions come into play. That is why shareholders are asking Dow’s Board to issue an audited report showing their plans to navigate the plastic pollution problem.

We Want a Plan for Reducing Single-Use Plastics at Dow

We want a plan for reducing single-use plastics at Dow

Restaurant Brands International Inc. is a quick service restaurant company engaged in serving coffee and other beverage and food products. Its segments include TH segment, which includes all operations of its Tim Hortons brand; BK segment, which includes all operations of its Burger King brand; PLK, which includes all operations of its Popeyes brand, and FHS segment, which includes all operations of its Firehouse Subs brand. Its Tim Hortons brand offers blended coffee, tea, espresso-based hot and cold specialty drinks, fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and others. Its Burger King brand offers flame-grilled hamburgers, chicken, and other specialty sandwiches, French fries, soft drinks, and other food items. Its Popeyes brand offers fried chicken, fried shrimp and other seafood, and other regional items. Its Firehouse Subs brand offers meats and cheese, as well as chopped salads, chili and soups, signature and other sides.

Shareholder proposal filed for P&G

Estimated record date for RBI

Estimated AGM date for RBI

**Our Goal**

Our goal is to support As You Sow’s [proposal](https://www.asyousow.org/resolutions/2022/12/30-restaurant-brands-sustainable-packaging-policies-for-plastics) to Restaurant Brands International (RBI). A “win” would result in the RBI Board agreeing to issue a report, describing how the Company could reduce its plastics use in alignment with the one-third reduction findings of the Pew Report, or other authoritative sources, to reduce its contribution to ocean plastic pollution.

**Why It's Important**

RBI is part of a wasteful “to go” packaging culture and lags behind its competitors in taking action to reduce the plastic pollution that results from its packaging. This is extremely concerning because the Company could face regulatory, environmental and competitive risks, which will also have negative implications for RBI’s shareholders. 

Competitor McDonald’s has a [goal](https://corporate.mcdonalds.com/corpmcd/our-purpose-and-impact/our-planet/packaging-toys-and-waste.html#:~:text=As%20of%202021%2C%20approximately%2082.7,by%20the%20end%20of%202025) to eliminate the use of virgin plastic packaging by 2025, and YUM! Brands has a [goal](https://www.yum.com/wps/portal/yumbrands/Yumbrands/citizenship-and-sustainability/planet/sustainable-packaging-and-waste-reduction) to eliminate 10% of virgin plastic use across all its brands, which include Taco Bell, KFC, Pizza Hut and Habit Burger by 2025. At least sixty additional consumer goods and retail companies have [pledged](https://ellenmacarthurfoundation.org/global-commitment-2021/signatory-reports) to reduce the use of virgin plastic packaging and approximately 100 consumer goods and retail companies [pledged](https://ellenmacarthurfoundation.org/global-commitment-2021/signatory-reports) to make all packaging reusable, recyclable or compostable by 2025. Meanwhile, RBI has no goal to reduce use of virgin plastic and is yet to pledge entirely reusable, recyclable, or compostable packaging across its brands.

Further, Starbucks, Coca-Cola and Pepsi are moving the industry away from single-use disposables towards zero-waste packaging, having each recently set goals to expand use of reusables. Despite RBI’s Tim Hortons offering in-store reusables for decades, demonstrating the viability of zero-waste practices in quick service dining, RBI has yet to set a reusable packaging goal. 

Clearly, RBI faces a competitive risk, but its plastic packaging use also poses a significant annual financial risk of [approximately $100 billion](https://www.pewtrusts.org/-/media/assets/2020/07/breakingtheplasticwave_report.pdf) should the government require the Company to cover the waste management costs of the packaging it produces. This is becoming an [increasingly adoptive policy](https://www.pewtrusts.org/-/media/assets/2020/07/breakingtheplasticwave_report.pdf). In fact, Maine, Oregon, Colorado and California have all recently [adopted](https://www.packworld.com/news/sustainability/article/22419036/four-states-enact-packaging-epr-laws) new laws to this effect. 

Pew Charitable Trusts released a study titled Breaking the Plastic Wave (Pew Report), where they found that improved recycling is insufficient to halt plastic pollution and that companies must reduce overall plastic use by at least one-third. Worryingly, without immediate and long-term commitments by organisations such as RBI, annual flows of plastic into oceans [could triple by 2040](https://www.pewtrusts.org/-/media/assets/2020/07/breakingtheplasticwave_report.pdf). 

RBI is able to avoid competitive, regulatory and environmental risks, and keep up with its competitors, by undertaking additional action to reduce plastic pollution from its products, such as reducing plastic use, making all packaging reusable, recyclable or compostable and permanently moving away from single-use packaging. 

**AGM results**

AYS's proposal earned a 36.8% supporting vote. 

**Next AGM**

Restaurant Brands International’s 2023 AGM is on the 23rd May 2023 at 8am Eastern Time (1pm GMT). 

**AGM Record Date**

The record date pertains to the date by which investors must hold their shares in a company in order to participate in the company’s AGM. Restaurant Brands International’s 2023 record date is the 28th March 2023. 

**Supporting This Campaign**

If you purchase Restaurant Brands International stock from Tulipshare before the next AGM record date, you will be eligible to vote at the next AGM and receive an email from us closer to the deadline about how to do so.  

Tulipshare is asking Restaurant Brands International to introduce sustainable plastic packaging policies at Burger King.

Restaurant Brands International (who owns Burger King) lags behind its competitors in taking action to reduce the plastic pollution that results from its packaging and the Company could face regulatory, environmental and competitive risks, which will also have a negative impact on RBI's shareholders. 


Introduce Sustainable Plastic Packaging Policies at Burger King 

We're asking #RestaurantBrandsInternational to introduce sustainable plastic packaging policies at @BurgerKing!

YUM! Brands, Inc. franchises or operates a system of approximately 55,000 restaurants in 155 countries and territories under the concepts of KFC, Taco Bell, Pizza Hut and The Habit Burger Grill. Its segments include The KFC Division, which includes its worldwide operations of the KFC concept, The Taco Bell Division, which includes its worldwide operations of the Taco Bell concept, The Pizza Hut Division, which includes its worldwide operations of the Pizza Hut concept and The Habit Burger Grill Division, which includes its worldwide operations of the Habit Burger Grill concept. It develops, operates or franchise a system of both traditional and non-traditional restaurants. KFC restaurants offers fried and non-fried chicken products. Taco Bell specializes in Mexican-style food products. Pizza Hut specializes in the sale of ready-to-eat pizza products. The Habit Burger Grill offers chargrilled burgers and sandwiches made-to-order over an open flame and topped with fresh ingredients.

Estimated based on last year's AGM date. 

Next YUM! Brands Inc. AGM

Estimated record date for YUM! Brands Inc.

**Our Goal**

Our goal is to support As You Sow’s [proposal](https://www.asyousow.org/resolutions/2022/12/9-yum-brands-transition-to-reusable-packaging) to YUM! Brands, Inc. (“YUM”). A “win” would result in YUM issuing a report that describes how the company will reduce its plastics use by shifting away from single-use packaging in alignment with the findings of the Pew Report, or other authoritative sources, to feasibly reduce ocean pollution.

**Why It's Important**

YUM is part of a wasteful “to go” packaging culture, contributing to plastic pollution of land and water. YUM does not report on the number of packaging items it distributes, but as one of the world’s largest quick-service restaurants, millions of packaging units with YUM’s brand logos enter the environment or landfills every year. 

Competitor Starbucks is [actively embracing](https://stories.starbucks.com/uploads/2022/04/Starbucks-2021-Global-Environmental-and-Social-Impact-Report-1.pdf) reusable packaging with new global reusable container goals, including a Borrow-A-Cup program and the facilitation of reusable mugs at all stores and drive-throughs by 2023, which could reduce plastic use by thousands of tons.


The Coca-Cola Company has [committed](https://www.coca-colacompany.com/news/coca-cola-announces-industry-leading-target-for-reusable-packaging) to the largest reusable packaging goal to date, pledging to sell 25% of product by volume in reusables by 2030. PepsiCo recently [announced](https://www.prnewswire.com/news-releases/pepsico-introduces-new-packaging-goal-doubling-down-on-scaling-reusable-packaging-options-301692662.html) a goal committing to sell 20% of beverage servings in reusables by 2030. YUM has a goal to reduce virgin plastic and some reusables pilots, but the gravity of the situation requires us to go further and reduce overall plastic use, not just virgin plastic, while shifting permanently away from single-use packaging and towards reusables.  

Pew Charitable Trusts released a groundbreaking study, Breaking the Plastic Wave (“Pew Report”), [concluding](https://www.pewtrusts.org/-/media/assets/2020/07/breakingtheplasticwave_report.pdf) that improved recycling is insufficient to stem the plastic tide – it must be coupled with reductions in use, materials redesign, and substitution. It concludes that at least one-third of plastic use can be reduced and that reduction is the most viable solution from environmental, economic, and social perspectives. Without immediate and sustained new commitments across the plastics value chain, annual flows of plastics into oceans could nearly triple by 2040.

Governments around the world are [increasingly taxing](https://www.packworld.com/news/sustainability/article/22419036/four-states-enact-packaging-epr-laws) corporations for single-use packaging, including new laws in Maine, Oregon, Colorado, and California. The European Union has banned 10 single-use plastic products commonly found in ocean cleanups and imposed a tax on non-recycled plastic packaging waste. 

Thus, in order to mitigate corporate financial risks associated with the growing plastic pollution crisis - estimated at [$100 billion](https://www.pewtrusts.org/-/media/assets/2020/07/breakingtheplasticwave_report.pdf) should governments require companies like YUM to cover the waste management costs of the packaging they produce, a policy increasingly adopted around the globe - shareholders have requested a report detailing how YUM will reduce its plastics use by shifting away from single-use packaging in alignment with the findings of the Pew Report, or other authoritative sources, to feasibly reduce ocean pollution. 

The report should, at Board discretion:

- Assess the reputational, financial, and operational risks associated with continuing to use substantial amounts of single-use plastic packaging while plastic pollution grows;

- Evaluate dramatically reducing the amount of plastic used in   packaging through transitioning to reusables; and

- Describe how YUM! Brands can further reduce single-use packaging, including any planned reduction strategies or goals, materials redesign, substitution, or reductions in use of virgin plastic.

**AGM results**

AYS's proposal received a 36.9% supporting vote at the 2023 AGM!

**Next AGM**

YUM! Brands 2023 AGM is on the 18th March 2023 at 9am Central Time (2pm GMT). 

**AGM Record Date**

The record date pertains to the date by which investors must hold their shares in a company in order to participate in the company’s AGM. YUM! Brands’ 2023 record date is the 20th March 2023. 

**Supporting This Campaign**

If you purchase YUM! Brands stock from Tulipshare before the next AGM record date, you will be eligible to vote at the next AGM and receive an email from us closer to the deadline about how to do so.  

Tulipshare is asking YUM! Brands Inc to reduce plastic pollution at KFC, Pizza Hut and Taco Bell. 

YUM! Brands, Inc. must develop a plan to mitigate its corporate financial risks associated with the growing plastic pollution crisis - estimated at $100 billion overall - should governments require them to cover the waste management costs of the packaging they produce, a policy increasingly adopted around the globe.
