shareholder activism

Shareholder Activism is the process of dialogue with company executives and filing shareholder resolutions generates investor pressure on corporate executives, garners media attention (which adds even more pressure on corporations to improve their behavior), and educates the public on often-ignored social, environmental, and labor issues. The process has served as a powerful tool to encourage corporate turnaround in social and environmental policies. Ultimately, this can lead to a more sustainable company.

Shareholder activism, also known as shareholder advocacy, first gained momentum during the 1970s when religious investors formed a coalition (the Interfaith Center on Corporate Responsibility) to advocate for socially responsible changes in corporate policies.

Shareholders: Companies Must Be More Transparent When It Comes to Lobbying

Transparency matters to 21st-century shareholders. The Royal Bank of Canada and the Walt Disney Co. both heard from shareholders last month. They called…

Business Groups Threaten Shareholders’ Right to File Proposals

In February, the Business Roundtable, a group representing the some of the most powerful CEOs in corporate America, delivered a regulatory hit list…

Investors Urge Trump Administration to Keep Hands off SEC Shareholder Resolution Process

The Donald Trump administration is considering a move that would severely limit shareholder rights and cut off communication between shareholders and corporate boards.…

PETA Buys Stock in Canada Goose to Protest Use of Down and Fur

PETA purchased 230 shares – or about $4,000 worth of Canada Goose’s equity – in order to speak at the outerwear company's annual…

Kraft Heinz Opposes Sustainability Shareholder Resolutions

Kraft Heinz plans to vote on three sustainability-related shareholder resolutions at its annual meeting in Pittsburgh next month. And the company is opposed…

Investors Representing $600 Billion Urge Solutions for Latin America’s Deforestation

A group of high-stakes investors is asking some of the world’s largest food companies to ramp up efforts to curb deforestation in South…

Is Trump the Tipping Point for Ethical Investing?

You may have voted against U.S. President Donald Trump, protested his policies, and ranted to your friends. Yet most of us are financing…

How Investment Funds Can Make a Difference

How you invest your money can be a vote for the values you want to support — from fairness and equality to safety…

Largest Fund Manager Remains Resistant to Shareholder Action on Climate

At the behest of shareholders, financial firms are beginning to recognize climate risk as a material risk. But not Vanguard, America's largest fund…

Shareholder Resolution Asks Walgreens To Review Tobacco Sales

“We’re asking the company to review the financial, reputational and legal risks of continuing to sell this deadly product," Tom McCaney of the…

Corporate Cheat Sheet for Engaging Shareholder Activists

When it comes to corporate investor engagement, the socially responsible investing (SRI) community can be a unique challenge. Investor relations experts share 10…

Shareholder Resolution Urges Yum! Brands to Ditch Antibiotics

The shareholder activist group As You Sow filed a shareholder resolution this week urging Yum! Brands to phase out the use of antibiotics.

Shareholder Activism on Sustainability Issues is Surging

Concerns over environmental and social sustainability challenges are the the fastest growing cause behind today's shareholder proposals, suggests a Harvard Business School study.

Germany Investigates VW for Market Manipulation, Shareholders Call for Resignations

Rough waters are far from over for German carmaker Volkswagen. This week, angry shareholders called for board resignations, while the German regulatory agency…

ExxonMobil, Chevron Reject Climate Resolutions at AGMs

ExxonMobil and Chevron shot down every climate-related shareholder resolution put forth at their annual general meetings on Wednesday. But some came closer to…