Archive for the ‘Issues’ Category

SEC Passes Proxy Access Rule

Wednesday, August 25th, 2010

August 25, 2010 — This just in from the Social Investment Forum:
Dear members,
In a widely anticipated three-two vote along party lines, the Securities and Exchange Commission (SEC) today enacted a new rule 14a-11 granting shareholder access to the proxy, following more than three decades of debate.  The new rule, however, includes some significant changes from [...]

Trillium Calls for Improved Working Conditions in China

Thursday, July 22nd, 2010

Trillium Asset Management Corporation (Trillium) is leading a group of 40 international investors in issuing a public statement condemning abusive workplace conditions in the global electronics supply chain. The lead group of investors, including Trillium, the Interfaith Center on Corporate Responsibility, Boston Common Asset Management, LLC, As You Sow and Domini Social Investments LLC, are sending a [...]

Strong Support from Chevron Shareholders for Proposal Co-Filed by Trillium

Thursday, May 27th, 2010

STRONG SUPPORT FROM CHEVRON SHAREHOLDERS FOR PROPOSAL TO STRENGTHEN DIRECTORS’ ENVIRONMENTAL EXPERTISE
May 26, 2010, Houston – The proponents of a stockholder proposal at Chevron Corporation seeking greater board environmental expertise hailed the 27% in support it received, according to preliminary results released by the company.
“As a businessman and investor, I know how important it [...]

Heading into Corporate Annual Meeting Season, Trillium Announces Four Shareholder Proposals Withdrawn

Monday, March 29th, 2010

Trillium Asset Management Corporation (“Trillium”) is pleased to announce the withdrawal of four shareholder 2010 resolutions as we head into the annual meeting season.  Resolutions filed with Plum Creek Timber, Lincoln Electric, State Street Bank and Whole Foods Market have resulted in changes to corporate policies that will have a positive impact on transparency, corporate [...]

Tar Sands Shareholder Proposals Pick Up Steam in 2010

Monday, March 29th, 2010

In a show of how seriously investors, environmentalists and advocates are looking at the environmental costs and financial uncertainties associated with tar sands, support has grown dramatically for shareholder resolutions filed at major oil companies. This movement parallels increased activity on the part of more than 50 nongovernmental organizations working to slow down the expansion [...]

Verizon – Free and Open Internet

Thursday, February 4th, 2010

WHEREAS
The Internet has become a defining infrastructure of our economy and society; Internet Service Providers like Verizon forge rules that shape, enable and limit Internet use.
Federal Communication Commission (FCC) Chairman Genachowski recently noted that a free and open Internet is an “unprecedented platform for speech, democratic engagement, and a culture that prizes creative new ways [...]

State Street – Political Contributions Report

Thursday, February 4th, 2010

RESOLVED
The shareholders of State Street (“Company”) hereby request that the Company provide a report, updated semi-annually, disclosing the Company’s:
1.    Policies and procedures for political contributions and expenditures (both direct and indirect) made with corporate funds.
2.    Monetary and non-monetary political contributions and expenditures not deductible under section 162 (e)(1)(B) of the Internal Revenue Code, including but [...]

Questar – Implement Sexual Orientation Non Discrimination Policy

Thursday, February 4th, 2010

WHEREAS
Questar does not explicitly prohibit discrimination based on sexual orientation and gender identity (or gender expression) in its written employment policy;
Over 87% of the Fortune 500 companies have adopted written nondiscrimination policies prohibiting discrimination on the basis of sexual orientation, as have more than 97% of Fortune 100 companies, according to the Human Rights Campaign. [...]

PPG – Community Accountability Report

Thursday, February 4th, 2010

RESOLVED
Shareholders request the Board of Directors to report to shareholders, within six months, on how the corporation ensures that it responsibly discloses its environmental impacts in all of the communities where it operates. The report should be prepared at reasonable cost; omit proprietary information; and go above and beyond existing legal obligations and legal compliance [...]

Plum Creek Timber Co. – Say on Pay

Thursday, February 4th, 2010

RESOLVED
Shareholders of Plum Creek Timber Company request the board of directors to adopt a policy that provides shareholders the opportunity at each annual shareholder meeting to vote on an advisory resolution, proposed by management, to ratify the compensation of the named executive officers (“NEOs”) set forth in the proxy statement’s Summary Compensation Table (the “SCT”) [...]


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