Press Releases

  Companies urged to prioritize safety, paid leave and the maintenance of business and employment relationships to support communities and the markets as global pandemic unfolds.  NEW YORK, NY, THURSDAY, MARCH 26TH – Global institutional investors comprising public pensions, asset management firms and faith-based funds issued a Statement on Coronavirus Response calling on the business […]

The annual meeting of shareholders is a hallmark of corporate accountability: the one time in the year when CEOs and the board are obligated to present themselves to their shareholders and submit to their questions. The COVID-19 pandemic, however, forced most companies to abandon in-person 2020 annual shareholder meetings in favor of a virtual format.  […]

  Mercy Investment Services, Boston Trust Walden and other investors have been actively involved for a number of years urging major investment firms to improve their proxy voting records especially on shareholder resolutions focused on climate change. This year investors filed resolutions and engaged a dozen companies including filing shareholder resolutions with companies like BlackRock, […]

Investors say proposals citing health and safety risks to workers, liabilities related to third-party sellers, and due diligence around the sale of surveillance tech, among other issues, indicate the company is failing to adequately manage risks.  NEW YORK, NY, TUESDAY, FEBRUARY 25TH, 2020 – Investors in Amazon ($AMZN) have again filed multiple shareholder proposals in […]

Report names JPMorgan “the world’s worst banker of climate change”.  WEDNESDAY, FEBRUARY 12TH, 2020– Investors in JPMorgan ($JPM) who filed three separate resolutions related to the company’s ongoing support for the fossil fuel industry announced that they have all received notification from the company that it will seek to omit their proposals from its 2020 […]

As of Monday’s deadline for public comments on the SEC’s proposed restriction on shareholder rights, a broad group of investors has weighed in strongly against the SEC’s proposal to limit shareholders’ rights to file proposals for shareholders to consider and vote on at annual shareholders meetings. Commenters opposing the new restrictions on shareholder rights nclude […]

Investor letter argues the companies are actively opposing standards that are good for business, shareholders, consumers, and the environment.  NEW YORK, NY, FRIDAY, NOVEMBER 22, 2019 – In a letter sent this week to automakers Fiat Chrysler Automobiles ($FCAU), General Motors ($GM), and Toyota North America ($TM), investor members of the Interfaith Center on Corporate […]

Report delivered at request of shareholders exposes serious lapses in human rights policies and a failure to demonstrate ‘respect for our inmates and detainees’.  NEW YORK, NY, Monday, November 18th, 2018 – Shareholders in GEO Group and members of the Interfaith Center on Corporate Responsibility are making public a letter they sent to the company […]

2020 Shareholder Proposals at AbbVie, Amgen, Biogen Eli Lilly and Pfizer Ask for Study to Determine Feasibility of Incorporating Drug Pricing Risks into Exec Incentive Structures.  NEW YORK, NY – Thursday, November 14th, 2019 – Shareholder members of the Interfaith Center on Corporate Responsibility announced that they have filed proposals for the 2020 proxy related […]

Agency caves to pressure from trade associations like the Business Roundtable, U.S. Chamber, and National Association of Manufacturers to the detriment of shareholders and the public interest. NEW YORK, NY, Tuesday, November 5, 2019 – Today’s 3-2, party-line vote by the Securities and Exchange Commission (SEC) regarding proposed changes to its shareholder proposal rule that would […]