Aflac Commits to Improved Workplace Diversity Reporting
September 26, 2017 // Boston, MA – Trillium Asset Management is pleased to announce that we have successfully withdrawn our workforce diversity shareholder proposal at Aflac Incorporated (NYSE: AFL) following the company’s expanded disclosure around workplace diversity. Trillium’s shareholder proposal requested that the company prepare a report adequate for investors to assess Aflac’s strategy and performance pertaining to workforce diversity, including a chart identifying employees according to gender and race in the major Equal Employment Opportunity Commission-defined job categories. A McKinsey & Company report found companies with highly diverse executive teams had higher returns on equity and earnings performance than …
Information for Smucker Shareholders Regarding our Renewable Energy Shareholder Proposal
ORRVILLE, OH // AUGUST 10, 2017: Trillium Asset Management has published a letter to shareholders of J.M. Smucker Company (NYSE: SJM) urging them to vote next Wednesday, August 16, 2017, in favor of a shareholder proposal on the company’s 2017 proxy card. The proposal, asks J.M. Smucker to issue a report by January 2018 analyzing and proposing how the company can increase renewable energy sourcing and/or production. The letter provides the following rationale for voting “Yes”: Opportunities: Increased renewable energy sourcing can lead to cost savings, improve the company’s license to operate, and enhance U.S. energy security Risk management: Investing in …
JLL Commits to Comprehensive Workplace Diversity Reporting
March 24, 2017 // Boston, MA – Trillium Asset Management is pleased to announce that we have successfully withdrawn our workforce diversity shareholder proposal at Jones Lang LaSalle Incorporated (NYSE: JLL) following the company’s increased commitment to expand disclosure around diversity policies and programs, and release its annual EEO-1 workforce diversity data. Trillium’s shareholder proposal requested that the company prepare a report adequate for investors to assess JLL’s strategy and performance pertaining to workforce diversity, including a chart identifying employees according to gender and race in the major Equal Employment Opportunity Commission-defined job categories. A McKinsey & Company report found companies with …
Pesticide Disclosure and Policies – Hain Celestial Group (2014)
WHEREAS: Our company’s brand identity and value are strongly linked with health and wellness. A 2013 study by an accredited and independent lab, Eurofins, commissioned by Glaucus Research, alleged that ten of the 11 Celestial Seasoning teas in this study showed pesticide residue levels exceeding federally defined tolerance levels, or pesticides that did not have regulatory guidance. In response, the company commissioned its own test from a different laboratory that allegedly showed no levels of pesticide residues above regulatory guidelines. The company explained these results on its website, but did not disclose the actual test it had commissioned. We asked …
Board Diversity – Angiodynamics, Inc. (2014)
Resolved: Shareholders request that the Board of Directors adopt a policy on Board diversity that requires the Nominating and Corporate Governance Committee consistent with its fiduciary duties to: include women and minority candidates in the pool from which Board nominees are chosen; expand director searches to include nominees from both non-executive corporate positions and non-traditional environments such as government, academia, and non-profit organizations; report to shareholders by February, 2015, at reasonable expense and omitting proprietary information, its efforts to encourage diversified representation on the Board and the manner in which it will assess the effectiveness of its efforts and policy. …
FedEx’s Association with Washington NFL Team Controversy – FedEx (2014)
WHEREAS: This past year marked a major turning point in debate over the National Football League’s Washington D.C. franchise team name – “Redskins”. FedEx has naming rights to team’s stadium – FedExField. “Redskins” remains a dehumanizing word characterizing people by skin color and is a racial slur with hateful and offensive connotations. Proponents believe FedEx should drop or distance ties to the team, logos and/or stadium sponsorship until the franchise abandons its degrading name. Virtually every major national American Indian organization has publicly denounced use of Indian – and Native – related images, names and symbols disparaging or offending American …
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