Proxy adviser ISS backs call for gun safety report at Sturm Ruger | Reuters

ISS and Glass-Lewis both recommended votes in favor of a proxy proposal calling for a report on gun safety. Proxy adviser Institutional Shareholder Services on Wednesday recommended investors vote to support a shareholder proposal calling for gunmaker Sturm Ruger & Co to report on gun safety, which could put new attention on so-called “smart gun”…

Verizon’s retiree shareholders seek to block above-market executive pay, punish misconduct | FierceTelecom

Verizon’s activist retirees have launched two proxy proposals on this year’s ballot for the annual shareholders’ meeting in an effort to keep the telco’s executive management team more accountable.One of the proposals calls to claw back earnings from executives whose conduct harms shareholders, while another prohibits above-market earnings for senior executives on certain retirement and…

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…

Political Spending Disclosure Proposal to go Forward at Citigroup

Statement from ChangetoWin: In a critical first test of the its new guidance on shareholder proposals, the Securities and Exchange Commission (SEC) denied Citigroup Inc.’s (NYSE: C) request to block shareholders from voting for more transparency on political spending. Citigroup tried to omit the proposal from this year’s ballot using a new interpretation of the…

Center for Political Accountability: Rise in Mutual Fund Support for Shareholder Resolutions on Political Contributions

The Center for Political Accountability reports that mutual funds are increasing their support for shareholder resolutions calling for companies to disclose information about their political contributions. Support by mutual funds for the Center for Political Accountability’s corporate political disclosure resolution jumped significantly in 2017, to 48 percent from 43 percent in 2016, according to an…

Shareholder Proposal Reform Rebutted – Corporate Governance

We strongly recommend James McRitchie’s point-by-point rebuttal to the Chamber of Commerce’s “fake news” plea to “protect” corporate executives from non-binding shareholder proposals. It is well worth reading in its entirety, but we particularly note his response to the Chamber’s claim that “social” proposals are not relevant and have no merit. That is a matter…