By Grace Hussain for Sentient.
Broadcast version by Farah Siddiqi for Commonwealth News Service reporting for the Sentient-Public News Service Collaboration

The food we eat is responsible for as much as a third of global greenhouse gas emissions. Most of that comes from beef — including millions of burgers served up by fast food chains across the world. To date, fast food companies have made little progress in curbing their climate pollution, but pressure to hold these corporations accountable is beginning to come from what may seem like an unlikely group: their own shareholders. This year, fast food chains Jack in the Box and Wingstop agreed to publish their first set of measurable climate targets, led by a group called The Accountability Board.

The two-year-old nonprofit owns shares in roughly 100 publicly traded companies. Its purpose: “to hold companies accountable on issues relating to the environment, social matters and corporate governance,” says Matt Prescott. Prescott is a co-founder and one of the leaders of the organization.

How Shareholders Pressure Jack in the Box and Other Fast Food Chains

Shareholders, at least those that own a certain percentage of a company, are able to file proposals asking for action by the company that the shareholder wants to see. A growing movement of nonprofit shareholders have also used this strategy to increase corporate accountability. Kevin Chuah, PhD, an assistant professor at Northeastern University who researches stakeholder activism, explains the tactic: “They’re using the financial system infrastructure to enable them to get access to companies that they might not get access to otherwise.”

The Accountability Board focuses on the food and agriculture sector in particular, says Prescott, including industry giants like Tyson Foods and Hormel Foods. While issues like corporate governance and diversity, equity, inclusion and justice are universal across industries, food and agriculture companies are unique in their outsized impact on the environment and animal welfare, Prescott says.

Most multinational corporations have made public climate commitments, but many have failed to back them up with actionable plans for accomplishing those goals. That was the case too with Jack in the Box, Prescott tells Sentient. “They’ve got disclosures about risks posed by climate change and other environmental issues, but the company didn’t actually have measurable goals for reducing its emissions,” he says. But thanks to the newly-passed proposal, now they will.

Jack in the Box now reports scope 1 and 2 emissions — emissions the company directly emits or that are generated from the electricity or other utilities the chain uses. In the food sector however, as much as 90 percent of greenhouse gasses come from scope 3 sources, with most of those coming from meat and dairy products. Scope 3 refers to emissions that come from a company’s supply chain, which in this case, includes the very beef burgers that are a massive driver of food-related emissions.

Yet an important part of The Accountability Board’s strategy is structuring their proposals strategically to make it more likely to actually pass. The group aims to keep them general, says Prescott, in this case asking for measurable targets, but not prescribing exactly what those targets should be.

Ahead of the vote, the nonprofit’s team spent time engaging with the largest shareholders to ensure they would find the proposal appealing. When it comes to “major shareholders, like BlackRock and Vanguard Group,” says Prescott, they lean against supporting proposals “that are overly prescriptive.”

A Brief History of Shareholder Activism

Shareholder activism traces its roots back to the 1980s, when individuals or groups would acquire shares in companies in order to push for some kind of change within the corporation. At that time, shareholder activists usually sold their shares once they accomplished their goals, earning them the nickname of “corporate raiders.”

Since then, shareholder activists have managed to reform their reputation, even with corporate executives. According to Chuah, whose research focuses specifically on environmental, social and governance issues, a number of executives can point to “situations where shareholders have brought interesting information to us that we hadn’t thought about before.”

The Accountability Board doesn’t usually sell its shares, instead choosing to maintain and also grow its portfolio by acquiring stock in new companies, says Prescott. Most of the shares the organization owns were bought with an initial $11 million grant from the non-profit foundation, Open Philanthropy. Tax records indicate the group’s investments netted them $17,280 in 2022, but because The Accountability Board was formed in the latter part of that year, the figure only reflects a few months of proceeds.

For Chuah, shareholder activists are one piece of the bigger picture of change. Agitator nonprofits and religious groups are often the “innovators,” he says, the ones “who get issues onto the table and effectively bring them to the attention of the mainstream.” Next, “the institutional investors get on board.” Real progress, he says, will require both: those working within and outside of institutions.


Grace Hussain wrote this article for Sentient.

Last year, filmmaker Michael Nash achieved the extraordinary when his documentary "Climate Refugees" was sent to the moon as part of a Lunar Museum project. Now, he's on a new mission: getting the faces of climate refugees featured on postage stamps to keep the conversation about climate migration alive.

"Climate Refugees," which premiered at Sundance and was later featured on Netflix, has been a powerful tool for raising awareness about the human impact of climate change. Nash and his team traveled to 48 countries, uncovering stories of forced migration driven by droughts, food shortages and environmental collapse.

"What we found was this intersection where overpopulation, overconsumption, lack of resources, and a changing climate were slamming into each other," Nash explained. "The outcome was forced migration: people running out of water and food in places they'd lived for hundreds, if not thousands, of years."

While the film's journey to the moon in 2024 was a historic milestone, Nash is now focused on a more down-to-earth goal: creating postage stamps featuring the faces of climate refugees, although gaining approval from the U.S. Postal Service's stamp committee will require demonstrating the issue's national relevance and historical significance.

Despite the progress in raising awareness, Nash emphasized the world has not done enough to address climate migration.

"There is not an international law accepted by all countries that gives asylum or protection to people forced to relocate due to climate change," Nash pointed out.

According to the United Nations, more than 20 million people
are displaced annually by climate-related events, making the need for action more pressing than ever.

Nash was a featured speaker at last week's Climate Correction Conference in Orlando. His next project, a film exploring the intersection of artificial intelligence and climate change, is currently in production and set for release in 2026.


get more stories like this via email

What if your trash could be the key to a more sustainable wardrobe?

The group Keep Orlando Beautiful is proving it is possible with its annual "Trash 2 Trends" initiative, where discarded materials -- literal garbage -- are transformed into stunning, runway-worthy outfits.

It is not just about a flashy event, it is about inspiring everyone to rethink how they consume and dispose of clothing. The fashion industry is one of the largest polluters globally, responsible for 10% of global carbon emissions and nearly 20% of wastewater production. Fast fashion, which relies on synthetic materials such as polyester and nylon, contributes to microplastic pollution.

Madison Szathmary, coordinator for Keep Orlando Beautiful, said many people do not realize their clothes are made out of plastic.

"Every time you're washing something that's made out of spandex, nylon, polyester -- little plastic fiber from the clothing is getting into your washing machine and ending up in the water reclamation stream," Szathmary explained. "We want people to be able to buy used when they can."

You can also recycle what you already have at home, which is known as upcycling. Trash 2 Trends shows creativity can combat climate change by turning waste into wearable art. The creativity is on full display during Keep Orlando Beautiful's annual fundraiser but the real goal is to encourage everyone to embrace sustainable fashion in their daily lives.

You don't have to be a runway artist to make a difference. Szathmary encouraged everyone to embrace "slow fashion," a more intentional approach to clothing, prioritizing quality over quantity.

"Having an intentional closet," Szathmary added. "We call that slow fashion instead of fast fashion. And you can really, once you have a style and once you know what you like, there are opportunities to find that stuff not only at thrift stores but with your friends. You can swap clothing with your friends."

Szathmary noted the effect of small changes can be huge. By reusing and repairing clothing, we can reduce the demand for new textiles, which often rely on fossil fuels and contribute to greenhouse gas emissions. The fashionable trends were on full display at last week's Climate Correction Conference in Orlando.


get more stories like this via email

Local leaders in California are slamming the Trump administration's moves to gut dozens of environmental policies on climate change and pollution in low-income communities.

Last week Environmental Protection Agency administrator Lee Zeldin said the agency will loosen restrictions on oil and gas and reconsider the "endangerment finding" underpinning regulations on greenhouse gases.

Felipe Perez, city council member and former mayor of Firebaugh, said farmworkers in the Central Valley rely on the feds to limit air pollution from nearby oil rigs.

"The people that work in the field, we have to go to work even though the pollution is too high," Perez pointed out. "We have to go because we have to feed our families."

The EPA also eliminated the department that fights for environmental justice and killed the Biden-era Justice40 plan, which directed 40% of infrastructure money to low-income communities of color.

Daniel Ramos, mayor pro tem of Adelanto in San Bernardino County, said the Trump administration has frozen millions of dollars earmarked by Congress for improvements to the city's wastewater treatment facility.

"Stripping away funding and programs that have already been signed into law, counted on and, in our case awarded, will definitely have a detrimental impact on those Justice 40 communities," Ramos stressed.

Igor Tregub, a city council member in Berkeley who was born in Ukraine, said the move to lift rules promoting electric vehicles increases reliance on oil and gas, which he called a threat to national and international security.

"This is a boost to the kinds of fossil-fuel industries that fund authoritarian forces like Putin's, that have a desire to take over peaceful democracies like Ukraine's," Tregub noted.

Zeldin defended the moves, insisting they will "usher in a golden age of American success" and calling former President Joe Biden's environmental policy a "green new scam."