Updates
59.68% Independent Support for Human Rights Proposal at Tyson
Update: The Human Rights Due Diligence proposal received 14.58% support overall at the Tyson AGM this year. Excluding the influence of the Tyson Limited Partnership, 59.68% of independent shareholders voted in support of the proposal, representing a majority. Tyson Shareholders Urged to Vote FOR Human Rights Due Diligence Proposal February 3, 2020 Investor Advocates for […]
SEC Proposes Changes to Shareholder Rule that Would Restrain Shareholder Advocacy for an Equitable Economy
The Vision of Investor Advocates for Social Justice (IASJ) is to realize an equitable economy where investors leverage their collective voice and resources to advance social, economic, and environmental justice. One of our strategies for achieving this equitable economy is the shareholder proposal process, which allows shareholders, based on research and consultation with community stakeholders, […]
Announcing Investor Advocates for Social Justice
Dear colleagues, I am pleased to announce the launch of Investor Advocates for Social Justice (IASJ). This new name replaces our former name, the Tri-State Coalition for Responsible Investment. This is an energizing evolution for our nearly 45-year-old organization, to build on our legacy of impactful shareholder advocacy and ensure our ability to meet the […]
Investors Press Climate Change as a Human Rights Issue
A safe, healthy, and just environment serves as a prerequisite for enjoying all human rights, rendering the climate crisis a pervasive threat to the rights of billions of people around the world. The Paris Agreement, a landmark United Nations accord aimed at keeping global temperature rise well below 2°C, explicitly states in its preamble that […]
Tri-CRI Testifies at NJ Energy Master Plan Public Hearing
The New Jersey Board of Public Utilities held public hearings on the proposed draft of their Energy Master Plan (EMP) this July and August, during which the Tri-State CRI participated and gave our testimony. The EMP is meant to provide a holistic, comprehensive plan of New Jersey’s current and future energy needs. The release of […]
Corporate Actions to Address Child Labor in Cocoa Production: Case Study – The Hershey Company
Introduction In our role to support institutional investors in their active ownership activities to align their investments with their mission and values, the Tri-State Coalition for Responsible Investment (Tri-CRI) has supported the American Baptist Home Mission Society in engaging The Hershey Company along with other members of ICCR since 2009 about the prevalence of child […]
Amazon AGM Brings Attention to Facial Recognition Technology Risks
On May 22, 2019, twelve shareholder proposals went to a vote at Amazon’s highly anticipated Annual Meeting of Shareholders in Seattle, WA. The Sisters of St. Joseph of Brentwood were the lead proponents of a resolution which called on Amazon to prohibit sales of facial recognition technology to government agencies unless the Board concludes, after […]
Chevron’s Impacts on the Human Right to Water in the Spotlight at Shareholder Meeting
Chevron is one of the world’s largest oil and gas companies, operating in over 180 countries and selling an average of 3.1 million barrels of refined product per day. The company’s operations require excessive amounts of freshwater intake; Chevron extracted 75 million cubic meters (nearly 20 billion gallons) in 2017. Improperly stored toxic wastewater byproduct, […]
Northrop Grumman’s Human Rights Record in the Spotlight – 31% Support for Human Rights Resolution
ICCR Press Release: Nearly one third of Northrop Grumman shareholders voice support for improved human rights due diligence Northrop Grumman, a government contractor that produces weapons used in conflict and technologies that are enabling the militarization of the U.S.-Mexico border and increased surveillance of immigrants, has largely flown under the radar of public scrutiny as […]
“A Win for Shareholders in Effort to Halt Sales of Amazon’s Racially Biased Surveillance Tech” – Press Release by Open MIC
S.E.C. Ruling Advances Two Shareholder Proposals Targeting Amazon’s Rekognition Link to original Open MIC press release: https://www.openmic.org/news/2019/4/4/a-win-for-shareholders-amazon In a major victory for investors, the Securities and Exchange Commission (SEC) ruled late yesterday that Amazon must give shareholders an opportunity to consider and vote on two separate shareholder resolutions that address major business risks posed by […]