Updates
Religious Investors Push Companies to Embrace Health Reform
Jacob GoldsteinWall Street Journal Blog More than $100 billion worth of investment capital is pushing companies to embrace borad health reform priniciples – though the prinicples are so broad that it’s not entirely clear what that embrace would mean. The Interfaith Center for Corporate Responsibility said today that it has filed 26 shareholder resolutions related […]
Faith-based and Social Investors Praise Wal-Mart’s Efforts to Stop Forcing Children to Pick Cotton
Patricia Jurewicz and David Schilling NEW YORK CITY/SAN FRANCISCO, September 30, 2008– Faith–based and socially responsible investors commend Wal-Mart for taking action to put an end to child labor in Uzbekistan. Today, Wal-Mart announced that it has “instructed its global supply base to cease sourcing cotton and cotton materials from Uzbekistan in an effort to […]
Rockefeller Descendants Call for Change at Exxon
Russell GoldWall Street Journal The descendants of John D. Rockefeller — the founder of Standard Oil, forerunner of today’s Exxon Mobil Corp. — are publicly calling on Exxon to change its corporate governance and take a hard look at the future of global energy supplies. A majority of 300 adult members of the wealthy Rockefeller […]
Shareholders Laud Ford as First U.S. Automaker to Set “Clearly Defined Goal” FOR A MAJOR CUT IN Greenhouse Gas Emissions
Religious, Pension Fund Shareholder Resolutions Key to Step Taken by FordWednesday April 9th, 2008 Patrick MitchellICCR DETROIT AND NEW YORK CITY///April 9, 2008///Religious and other institutional investors joined today with Ford Motor Co. (NYSE:F) in announcing that Ford is the first U.S. auto company to spell out how it plans to reach the goal of […]
Ford wins over critics with greenhouse pledge
Reuters DETROIT, April 9 (Reuters) – A group of activist investors including the state of Connecticut on Wednesday dropped a campaign targeting Ford Motor Co (F.N) after the No. 2 U.S. automaker detailed plans for cutting greenhouse gas emissions over the next 12 years. Ford’s action made it the first U.S. automaker to spell out […]
Resolved: Public Corporations Shall Take Us Seriously
Dashka SlaterNew York Times The ring tone on Sister Patricia Daly’s cellphone is the “Hallelujah” chorus from Handel’s “Messiah,” which makes every call sound as if it’s coming from God. On the particular May afternoon, however, David Henry, who handles investor relations for the ExxonMobil Corporation, was on the line. Henry wanted to know if […]
God and mammon on her side
Sister Patricia Daly is a nun with a fund, a thorn in the side of corner cutters, child exploiters and pollutersRichard Wray The Guardian All campaigners claim to have right on their side, but one New Jersey-based adversary of corporate America can go one better: God’s in her corner. Sister Patricia Daly, a Dominican nun, […]
Religious Shareholders Force Disclosure by GE That Company Spent Tens of Millions To Delay Clean-Up of Hudson River, Other PCB Site Discharges
Shareholders Declare Victory in Getting Company to Disclose Information; Even Though Proxy Struggle is Over for Now, Shareholders Still Urging GE to Clean PCB Pollution Immediately. Tri-State CRI Press Release In the successful conclusion of a 10-year shareholder initiative, the Tri-State Coalition For Responsible Investment (Tri-CRI) announced today that it has been victorious in pressuring […]
Ford Says It Will Reduce Vehicle and Plant Emissions
The Associated Press : To view Ford’s Report on the Business Impact of Climate Change Click Here. DETROIT, Dec. 20 – The Ford Motor Company said Tuesday it was taking action to reduce harmful emissions from its plants and vehicles, but it said continued progress depended on better collaboration with the oil industry and government, […]
Ford Motor Co. Releases Climate Risk Report to Shareholders
The Ford Motor Co. today released a first-of-its-kind report in the auto industry analyzing the business implications of climate change on the company’s strategic planning and overall competitiveness. The report highlighted the severity of the global warming challenge, the need for stabilizing and reducing greenhouse gas emissions, and steps the company is taking to capture […]
