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Amazon's shareholders have rejected attempts by environmental-minded investors to force it to detail the impact of its plastic packaging
.
The shareholder vote may be just a brief pause in environmentalists' push to reduce the use of virgin plastics at 10 major publicly traded companies
.
Seattle-based Amazon disclosed late on May 28 that about 64.
5 percent of its shareholders voted against the resolution, which "requires Amazon to report how much plastic goes into the environment from its large-scale e-commerce operations
.
"
Environmental investors are still pushing for resolutions from nine other major public companies urging them to reduce their use of virgin plastic
.
So far they have achieved some results
.
For example, Keurig Dr Pepper agreed in April to cut the use of virgin plastic in its packaging by 20% by 2025
.
Other companies, including Walmart and Target, said in early May they would come up with detailed plans for plastics
.
However, Amazon argues that the reports that environmental groups want are unnecessary
.
The company noted that it has committed to net-zero carbon emissions for 50% of its shipments by 2030, while using more recycled content in plastic packaging and supporting recycling infrastructure
.
But environmental investors want the e-commerce giant to have more concrete plans for plastic packaging
.
For example, PepsiCo has announced that it will replace 35% of virgin plastics in its beverage division with recycled materials, and Unilever has announced a reduction of 100,000 tons of plastic packaging by 2025
.
The As You Sow environmental group said the 35.
5 percent approval rating was an encouraging result for the first year of voting, arguing that, in general, anything above 20 percent would get the attention of company executives
.
AYS Senior Vice President Conrad MacKerron said: "One of the main reasons we put forward this proposal was the reluctance of companies to sit down with us
.
'How to recycle the majority of plastic waste in the short term' and 'reduce overall plastic use in the long term'
.
"