Press Releases

AbbVie, Celgene, J&J, Merck, Pfizer and Vertex are targets of this year’s shareholder proposals citing drug pricing risks.  Shareholders in six of the country’s top pharmaceutical companies will once again be asked to support a shareholder-sponsored resolution requesting a report on the degree to which executive incentive packages are tied to price increases. The companies […]

Yesterday Majority Action and Interfaith Center on Corporate Responsibility issued an investor advisory calling on shareholders of Sturm, Ruger & Co. (RGR) to withhold support from the board chairman, Michael Jacobi, and Director Sandra Froman. The advisory raises multiple concerns about the gun manufacturer’s refusal to engage with shareholders about risk oversight, governance failures, and […]

Investor members of the Interfaith Center on Corporate Responsibility are today commending Shell, ExxonMobil and BP for making public their commitments to support the need for strong regulation to control methane emissions. The investors say public endorsements from industry leaders send a strong signal to the EPA that its proposals to roll back current methane […]

After year-long engagement with management highlighting need for enhanced human rights due diligence given the industry’s risks, shareholders commend bank for discontinuing lending to prisons.  NEW YORK, NY – TUESDAY, MARCH 5TH – Shareholders in JPMC who have been engaging with the bank for over one year on its potential contributions to human rights impacts […]

Impatient over repeated attempts to engage board around hypocrisy of a health company selling tobacco and nicotine-based products, investors deliver stern rebuke to board at annual meeting.  NEW YORK, NY, FRIDAY, JANUARY 25TH, 2019 – At today’s annual meeting of shareholders of Walgreen’s Boots Alliance (WBA), investors issued a strong challenge to management and the […]

Global investors appeal to Bangladeshi Prime Minister to allow Accord to complete its mandate until government is fully prepared to assume responsibility for garment factory workers’ safety. NEW YORK, NY, Tuesday, February 12th, 2019 – A group of 190 global investors representing over $US 3 trillion in assets under management today released a statement urging […]

After nearly two years of intensive engagement with Wells Fargo during the development of its Business Standards Report, published today, shareholders are commending management for what they view as an important first step to bring much-needed clarity around past lapses and how they will be prevented going forward. The shareholders also caution that, while the […]

On International Migrant’s Day, multiple companies with contracts related to the identification and detention of migrants cited by shareholders for human rights risks.   NEW YORK, NY, TUESDAY, DECEMBER 18TH, 2018 – Today, members of the Interfaith Center on Corporate Responsibility announced a group of six shareholder resolutions filed at companies across the private prison, […]

In a letter sent to oil and gas companies, a group of investors warned against the Environmental Protection Agency’s (EPA) proposed rollback of the New Source Performance Standards (NSPS), a regulation the investors say is critical to the long-term viability of the oil & gas sector in the energy transition already underway.  The letter, sent […]

Fueling Water Disclosure campaign backed by $6 trillion investor coalition calls on energy companies to disclose water risks through CDP; Chevron receives a shareholder resolution on respect for the human right to water.  NEW YORK, NY, MONDAY, DECEMBER 3RD, 2018 – A group of nearly 100 institutional investors representing $6 trillion in assets today announced […]