Trillium News

Reuters: Shareholders Raise Surveillance Concerns at AT&T, Verizon

A pair of privacy-related shareholder resolutions that were recently filed with AT&T and Verizon have been widely covered in the press.

Trillium was the lead filer on the Verizon proposal and the NYS Comptroller’s Office was the lead filer on the AT&T proposal.

Ross Kerber and Sinead Carew of Reuters write:

“Shareholders of telecom giants AT&T Inc and Verizon Communications Inc are seeking more details related to their sharing of customer information with governments, showing investors starting to push back over the role of communications companies in spying operations.

Activists including Trillium Asset Management of Boston and the $161 billion New York State Common Retirement Fund have filed proposals for the spring shareholder meetings of AT&T and Verizon, representatives said.

Both resolutions call on the companies to report semi-annually on ‘metrics and discussion regarding requests for customer information by U.S. and foreign governments.’”

You can read the entire article here: