In The News

y Robert Kropp FedEx has naming rights to Washington DC stadium that is home to the Washington Redskins, the professional football team under increasing pressure to change its racist name. SocialFunds.com — There is no denying that a consensus of influential groups and individuals now condemn the name of the Washington Redskins football team as […]

by Robert Kropp At a symposium on impact investing held this week at the Vatican, the Pope calls on the capital markets to serve the good of humanity. SocialFunds.com — In a speech at the Vatican earlier this week, Pope Francis offered strong support for the social justice mission of sustainable investors. “It is important […]

The Investor Environmental Health Network reports that of six shareowner resolutions filed this year with companies engaged in hydraulic fracturing, four were withdrawn and two received substantial support. SocialFunds.com — Readers of SocialFunds.com know by now that encouraged by remarks by Securities and Exchange (SEC) Commissioner Daniel Gallagher disparaging the use of the current proxy […]

by Robert Kropp. Investors issue statement in support of bill introduced this week that will require companies to disclose policies addressing human trafficking in their supply chains. SocialFunds.com — Last month, the US House of Representatives overwhelmingly passed five bills seeking to curb some of the worst abuses associated with human trafficking. For the most part […]

This week, Congresswoman Carolyn Maloney (D-NY) and Congressman Chris Smith (R-NJ) introduced the Business Supply Chain Transparency on Trafficking and Slavery Act of 2014 (H.R. 4842). This important bill calls on corporations to uphold their commitment to end human trafficking and modern-day slavery by requiring them to disclose the policies and management systems they have […]

HOUSTON – Surrounded by well-heeled investors in a packed Omni Hotel conference room on Tuesday, Jimmy Dunne took his turn at the microphone and held up a folded newspaper article from The New York Times. He said it was about how shareholders get one chance every year to tell off their chief executives. At the […]

By David Koenig The Associated Press DALLAS — U.S. sanctions against Russian officials are having no effect on Exxon Mobil’s operations in that country, CEO Rex Tillerson said Wednesday after the company’s annual shareholders meeting. Sanctions imposed over Russia’s annexation of Crimea have targeted the president of Russia’s largest oil company, Rosneft, but not the […]

Exxon Mobil CEO Rex Tillerson pushed back against criticism Wednesday that the company was not doing enough to reduce emissions and combat climate change. He questioned climate modeling that suggests that reducing carbon dioxide emissions would curb global warming. “There’s no one that has a viable pathway to achieve that,” he said at Exxon’s annual […]