Updates
Tri-CRI Urges Wells Fargo Shareholders to Support Business Standards Review Resolution
The Sisters of St. Francis of Philadelphia and sixteen co-filers, including members of the Tri-State Coalition, filed a shareholder resolution urging Wells Fargo to conduct a Business Standards Review in response to the consumer fraud scandal as the company continues to face serious regulatory, business, legal, reputational and human capital risks. Unethical business practices, the insular company culture, […]
Sr. Pat Daly Actively Invites Confluence Members to Join in Shareholder Advocacy on Climate Change
(Article originally published by Confluence Philanthropy) Tim Smith, Confluence Advisor Member and Director of ESG Shareowner Engagement at Walden Asset Management, reports back from Sister Pat Daly’s keynote presentation at Confluence’s 2017 Annual Practitioners Gathering. Tim is a member of the steering committee for Confluence’s Active Owners Working Group, dedicated to helping funders and investors work together to […]
Launch of Corporate Human Rights Benchmark
The Tri-State Coalition for Responsible Investment welcomes the launch of the Corporate Human Rights Benchmark, a tool investors can use to inform shareholder engagements related to human rights in the supply chain. The pilot report assesses 98 companies from three key sectors, including agricultural products, apparel, and extractives. 100 different performance indicators across six measurement themes were used to rank […]
Press Release: Pharma Companies Block Investor Requests for Greater Transparency on Drug Pricing
Drug companies including J & J, Merck, BMS and Pfizer Seek to Silence Shareholders by Omitting Resolution on Price Transparency from Company Proxies. (Link to ICCR Press Release) NEW YORK, NY – Thursday, March 2, 2017 – Long-term shareholders in major U.S. drug companies today expressed outrage that their attempts to elicit greater transparency around excessive […]
Investors Renew Call on Exxon to Address Climate Risk
Coalition Representing $4 Trillion in Assets Asks Exxon How It Will Be Impacted by a Lower Carbon Future Original Press Release from the Office of the New York State Comptroller available here A coalition of institutional investors, led by New York State Comptroller Thomas P. DiNapoli, as trustee of the New York State Common Retirement Fund […]
Investors Urge Banks to Support DAPL Reroute
Tri-CRI members joined over 130 investors in signing a statement urging the banks financing the Dakota Access Pipeline (DAPL) to support the Standing Rock Sioux Tribe’s request to reroute the pipeline to avoid treaty territory. Investors highlighted the financial and reputational risks of being associated with a pipeline project that was developed without sufficiently assessing the implications for indigenous […]
Tri-CRI Encourages Vote FOR Water Policy Resolution at Tyson Foods
The Tyson Foods Annual General Meeting is coming up on February 9th and Tri-CRI encourages shareholders to vote FOR the resolution asking the company to adopt a “Policy to Address Water Impacts of Business Operations and Suppliers”. The American Baptist Home Mission Society is the lead filer and six ICCR members co-filed the resolution. Overview […]
Shareholders Urge CEOs Advising Trump to Reject Travel Ban
Tri-CRI members joined faith-based investors and shareholder advocates in sending a letter to the 19 current and former CEOs compromising President Trump’s Strategic and Policy Forum. These business leaders will be meeting with President Trump this Friday to provide input on the implementation of the administration’s economic agenda. The letter urges the business leaders participating in the Forum […]
Investors Voice Support for Affordable Care Act
The Tri-State Coalition for Responsible Investment joined a coalition of 119 faith- and values-based investors and public health groups in signing a letter to Trump and members of Congress voicing support for the Affordable Care Act. Led by the Interfaith Center on Corporate Responsibility, the group praised how the ACA expanded access to quality and affordable health […]
Tri-CRI Members Urge Top Banks to Support the CFPB
Several Tri-CRI members signed letters addressed to the nation’s top banks asking them to express support the Consumer Financial Protection Bureau and resist attempts to weaken its effectiveness. Investor letters coordinated by the Interfaith Center on Corporate Responsibility were sent to: Bank of America BNY Mellon Citibank Goldman Sachs Morgan Stanley Wells Fargo Click here […]
