28 Feb '12, 9am

Shareholders Actions on Political Money Nearly Outpace Green Issues

Shareholders Actions on Political Money Nearly Outpace Green Issues

, the report captures the current landscape of resolutions from social- and environment-focused shareholder advocate groups. This year, environmental issues and sustainability reports had a run for their money: They were nearly matched by the number of proposals about political spending. About one-third of the 349 resolutions filed in 2012 so far refer to campaign spending and lobbying. Those proposals made up only 23 percent of the 360 resolutions that were filed by this time last year . "Every year the resolutions reflect a snapshot in time, the zeitgeist of the day - and surely the Supreme Court Citizens United case has had an impact on corporate influence and power that shareholders are reacting to," As You Sow CEO Andrew Behar write in the report. "Simultaneously, the Occupy Wall Street movement is providing a voice to those opposing growing economic inequality and th...

Full article: http://www.greenbiz.com/blog/2012/02/28/shareholders-acti...

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