Updates

The Tri-State Coalition for Responsible Investment

Updates



24th of May 2017

Investors Send Strong Signal to Southern Company with 46% Vote: Align Operations with Low-Carbon Future

Investors Send Strong Signal to Southern Company: Align Operations with Low-Carbon Future In an important climate-related vote today, 46% of its shareholders asked The Southern Company (SO) to report on how it plans to align its business operations with a 2 degrees Celsius global warming scenario, up from 34% last year. The shareholder proposal was filed […]

Article tags: , , ,

25th of April 2017

Tri-CRI Speaks Out Against Efforts to Limit Shareholder Voice

Members of the Tri-State Coalition for Responsible Investment stand in strong opposition to a draft bill under consideration that threatens to effectively eliminate the shareholder proposal process regulated by SEC Rule 14a-8. As part of a larger bill to roll back Dodd-Frank known as the Financial CHOICE Act 2.0, House Financial Services Chairman Jeb Hensarling (R-Texas), the […]

Article tags: , , ,

20th of April 2017

Tri-CRI Urges Wells Fargo Shareholders to Support Business Standards Review Resolution

The Sisters of St. Francis of Philadelphia and sixteen co-filers, including members of the Tri-State Coalition, filed a shareholder resolution urging Wells Fargo to conduct a Business Standards Review in response to the consumer fraud scandal as the company continues to face serious regulatory, business, legal, reputational and human capital risks. Unethical business practices, the insular company culture, […]

Article tags: , ,

31st of March 2017

Sr. Pat Daly Actively Invites Confluence Members to Join in Shareholder Advocacy on Climate Change

(Article originally published by Confluence Philanthropy) Tim Smith, Confluence Advisor Member and Director of ESG Shareowner Engagement at Walden Asset Management, reports back from Sister Pat Daly’s keynote presentation at Confluence’s 2017 Annual Practitioners Gathering. Tim is a member of the steering committee for Confluence’s Active Owners Working Group, dedicated to helping funders and investors work together to […]

Article tags: , , ,

13th of March 2017

Launch of Corporate Human Rights Benchmark

The Tri-State Coalition for Responsible Investment welcomes the launch of the Corporate Human Rights Benchmark, a tool investors can use to inform shareholder engagements related to human rights in the supply chain. The pilot report assesses 98 companies from three key sectors, including agricultural products, apparel, and extractives. 100 different performance indicators across six measurement themes were used to rank […]

Article tags: , , , ,

2nd of March 2017

Press Release: Pharma Companies Block Investor Requests for Greater Transparency on Drug Pricing

Drug companies including J & J, Merck, BMS and Pfizer Seek to Silence Shareholders by Omitting Resolution on Price Transparency from Company Proxies. (Link to ICCR Press Release) NEW YORK, NY – Thursday, March 2, 2017 – Long-term shareholders in major U.S. drug companies  today expressed outrage that their attempts to elicit greater transparency around excessive […]

Article tags: ,

23rd of February 2017

Investors Renew Call on Exxon to Address Climate Risk

Coalition Representing $4 Trillion in Assets Asks Exxon How It Will Be Impacted by a Lower Carbon Future Original Press Release from the Office of the New York State Comptroller available here A coalition of institutional investors, led by New York State Comptroller Thomas P. DiNapoli, as trustee of the New York State Common Retirement Fund […]

Article tags: , , ,

22nd of February 2017

Investors Urge Banks to Support DAPL Reroute

Tri-CRI members joined over 130 investors in signing a statement urging the banks financing the Dakota Access Pipeline (DAPL) to support the Standing Rock Sioux Tribe’s request to reroute the pipeline to avoid treaty territory. Investors highlighted the financial and reputational risks of being associated with a pipeline project that was developed without sufficiently assessing the implications for indigenous […]

Article tags: , , , ,

3rd of February 2017

Tri-CRI Encourages Vote FOR Water Policy Resolution at Tyson Foods

The Tyson Foods Annual General Meeting is coming up on February 9th and Tri-CRI encourages shareholders to vote FOR the resolution asking the company to adopt a “Policy to Address Water Impacts of Business Operations and Suppliers”. The American Baptist Home Mission Society is the lead filer and six ICCR members co-filed the resolution. Overview […]

Article tags: ,

1st of February 2017

Shareholders Urge CEOs Advising Trump to Reject Travel Ban

Tri-CRI members joined faith-based investors and shareholder advocates in sending a letter to the 19 current and former CEOs compromising President Trump’s Strategic and Policy Forum. These business leaders will be meeting with President Trump this Friday to provide input on the implementation of the administration’s economic agenda. The letter urges the business leaders participating in the Forum […]

Article tags: