Winston-Salem Journal: Duke Investors Call for Internal Probe of Spill
Trillium is one of many concerned investors that have called on Duke Energy to launch an independent investigation into the recent Dan River coal ash spill.
Taft Wireback, of The Winston-Salem Journal, writes:
“[C]oncerned investors include the state treasurers of Connecticut, Oregon and Pennsylvania, and leaders of the California State Teachers’ Retirement System and the Illinois State Board of Investment.
‘Duke’s recent environmental problems suggest serious lapses in oversight as well as failures in risk management by the board of directors,’ said Bill Dempsey, senior vice president of the Nathan Cummings Foundation, which is leading the shareholder initiative…
Other investors endorsing the initiative include F&C Management, SEIU Master Trust, Marco Consulting Group, As You Sow, Calvert Investments, Christopher Reynolds Foundation, Congregation of St. Joseph, Everence Financial and the Praxus Mutual Funds, Green Century Capital Management, Mercy Investment Services, Sisters of St. Francis of Philadelphia, Trillium Asset Management and United Church Funds.”
You can read the entire article here.