13 Feb '12, 7pm

Ceres Shines a Light on the Power of Shareholder Proxy Votes

Ceres Shines a Light on the Power of Shareholder Proxy Votes

How do you get corporate sustainability goals to surpass the short-term, profit-focused mentality that's fundamental to publicly held enterprises? One successful tool is to turn that obstacle into a stepping stone. Ceres has just published a look at the successes they've had using shareholder resolutions on climate, energy and sustainability to shift company committments to sustainability. The short report, Proxy Power: Shareholder Successes on Climate, Energy & Sustainabiity, looks at what successes resulted from 233 sustainability-focused resolutions filed by Ceres' network of investors. Just under half of those resolutions -- 111, or 48 percent -- were wins, where companies agreed to address the investors' concerns and the resolutions were withdrawn. And once companies agree to address shareholder resolutions, they are good to their word: Analysis of Ceres' data by Davi...

Full article: http://www.greenbiz.com/news/2012/02/13/ceres-shines-ligh...

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Proxy Power: Shareholder Successes on Climate, ...

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This report from Ceres tracks how more than 230 shareholder resolutions over the last three years have influenced company ...

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