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.

ExxonMobil

SEC Overrides ExxonMobil Efforts to Stifle Shareholder Activism on Climate

Last week, the Securities and Exchange Commission ruled in favor of several important climate resolutions brought forth by ExxonMobil shareholders that the company…
Chipotle, shareholders resolution, corporate governance, sustainability reporting, Leon Kaye

Shareholder Resolution Urges Chipotle to Link Executive Pay and Sustainability

In a 10-page filing submitted to the Securities and Exchange Commission, two financial advisory firms are urging Chipotle’s shareholders to vote in favor…
Suncor, oil sands, Canada, climate change, carbon tax, shareholder resolutions, Leon Kaye, oil and gas

Oil Sands Giant Tells Shareholders to Vote ‘Yes’ on Climate Change Disclosure

Suncor, a $31 billion integrated energy giant based in Calgary, Alberta, is advising its shareholders to vote “yes” on a proposal that mandates…
Exxon

Shareholders Ask the SEC: Stop ExxonMobil’s Attempts To Block Climate Resolutions

Shareholders representing more than $1 billion in ExxonMobil shares asked the U.S. Securities and Exchange Commission to reject the oil giant’s plan to…
mining

Investors Call For Mining Companies To Address Climate Risks

A group of shareholders called the ‘Aiming for A’ investor coalition is asking three giant mining companies to be more transparent about climate…
Exxon

ExxonMobil Seeks to Limit Shareholder Action on Climate Change

ExxonMobil is trying to exclude a climate change proposal from this year’s proxy ballot, and if the oil and gas giant succeeds, its…
Philippine-stock-market-board

Shareholder Activists Tackle Methane Emissions

2015 was a big year for shareholder activism against oil and gas companies. Less than a month in, 2016 is looking like it…
2015-12-03 09.07.15

Ceres CEO: Forget Bleeding Hearts, Pursestrings Will Win Paris

"What makes this Paris set of discussions different than any before is that the financial leadership and corporate leadership are here in strength,…
polar-bear-674001_1280

How Some Long-Term Investors are Fighting for Sustainability

Last week, Ceres released an illuminating analysis of how some major companies are responding to shareholder engagement on environmental, social and governance (ESG)…
BlackRock, Ceres, activist investors, shareholder resolutions, ESG, sustainability, human rights, climate change, Leon Kaye

Ceres and BlackRock Launch Guide on CSR Engagement

BlackRock, the world’s largest asset manager, teamed up with Ceres to issue a guide for institutional investors seeking engagement on sustainability and corporate…
chevron  void

Chevron Called to Carpet for Trying to Buy Local Election

Ahead of Chevron's shareholder meeting on May 27, community members from Richmond, California, delivered over 100,000 petition signatures in support of a shareholder…
BP

Majority of BP Shareholders Vote For Climate Change Resolution

An overwhelming majority (98 percent) of shareholders voted for a resolution on climate change at a BP annual general meeting held on April…
ADM, Green Century Capital Management, New York State Common Retirement Fund, shareholder activism, shareholder proposals, palm oil, responsible palm oil, soy, responsible soy, Leon Kaye, climate change, Argentina, Brazil, Indonesia, deforestation

ADM Bows to Shareholder Pressure, Commits to New Deforestation Policy

Food and commodities giant ADM, which has reached over US$80 billion in revenues, says it will develop a no-deforestation policy in a move…
4657599708_1a2bb29174_z

Talk to the Hand: Engagement With Fossil Fuel Companies Offers Little Promise

As more and more institutions face pressure to divest from fossil fuel companies, some are looking to shareholder engagement as an alternative. Decades…
PwCInvestSustainRptCvr

PwC: Sustainability is Moving Into the Investment Mainstream

Eighty percent of institutional investors surveyed by PwC's Resource Institute said sustainability factored into one or more investment contexts in the past year.…
Close
Please support the site
Love TriplePundit? Please help us by clicking our like buttons - it really matters!