Building on the groundbreaking majority vote in support of a proposal on climate lobbying at Chevron’s 2020 annual meeting, investor members of the Interfaith Center on Corporate Responsibility are announcing agreements reached with five companies on similar proposals requesting a report on if and how the companies’ lobbying activities (direct and through trade associations) align…
Tag: iccr
Business Support for Science-Based Climate Policy Seen as Critical to Rein in Climate Change
As President-elect Biden makes clear that tackling climate change will be at the fore front of his administration’s agenda, investors and members of the Interfaith Center on Corporate Responsibility (ICCR) are announcing the launch of a new initiative designed to enlist the support of business in this endeavor. In recognition of the enormous power and…
Investors Call on Corporate Managers to Adopt COVID-19 Policies
From the Interfaith Center on Corporate Responsibility: We are 195 long-term institutional investors representing over $4.7 trillion USD in assets under management with global exposure across capital markets. We recognize the long-term viability of the companies in which we invest is inextricably tied to the welfare of their stakeholders, including their employees, suppliers, customers and…
ICCR Comment On SEC’s Draft Proxy Proposal Rule
From ICCR’s comment letter to the SEC on the draft rule on proxy proposals (full comment in the link below): For decades, the shareholder proposal process has served as a cost-effective way for corporate management and boards to gain a better understanding of shareholder priorities and concerns, particularly those of longer-term shareholders concerned about the…
Catholic Shareholder Activists Challenge Private Prison System | Sojourners
A shareholder proposal from a Catholic group has led to an agreement from the management and board of a corporation that operates private prisons. But the proponents are not sure how significant that agreement will be. These findings were detailed in “Proposal 4” on the proxy statement that GEO published ahead of the shareholders meeting….
ICCR Proxy Proposal Voting Guide 2018
ICCR’s proxy voting guide is an essential resource, with information on all of its members’ shareholder resolutions for the 2018 proxy season. They include 61 resolutions on climate change, 57 on inclusiveness/diversity, 45 on lobbying and political contribution disclosure, 26 on human rights/trafficking, 25 on corporate governance, 23 on environment/sustainability, 12 on health, 8 on…
10 Fortune 500 Showdowns This Year With (Religious) Activist Investors – TheStreet
For the past four decades, the Interfaith Center on Corporate Responsibility has lobbied Fortune 500 companies to adopt policies it believes are better both for shareholders and the rest of the world. Its first proposal in 1971 was that General Motors (GM) cease business in South Africa until apartheid was abolished. Like most shareholder proposals, submissions from…
