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How Shareholder Activism Moved the Needle on Sustainability in 2011 http://apocadocs.com/s.pl?1310139353
From fracking by companies such as Chevron, Exxon Mobil and Ultra Petroleum to greater use of recyclable cups by McDonald's and Starbucks, a host of CSR issues captured shareholders' attention and support this year, according to reports on the 2011 proxy season from As You Sow and Ceres.
A record number of shareholder resolutions calling for companies to be more responsible in handling corporate sustainability challenges were filed, according to Ceres' report....
"The number of shareholders that actually realize they have power has been increasing and, overall, the number of votes have been increasing," Behar told GreenBiz.com.
On matters such as natural gas fracking, the votes on resolutions clearly show that "shareholders are looking at issues and saying, 'This is really risky and the company has to do something about it,' " Behar said.
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[Read more stories about:
capitalist greed, fracking, toxic leak, sustainability]
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'Doc Michael says:
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The new protest tactic is a good investment!
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Hmmm... buy a few shares, get the more-inside scoop in quarterly reports, get to show up at stockholders meetings, or on phone conferences, and get to be activists raising the questions of significant long-term risk to short-term profit as a failed business strategy. It seems almost too easy.
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