Countrywide Financial – Report on the Subprime Mortgage Resets (2008)
WHEREAS Whereas the problems resulting from poor subprime lending safeguards are having negative impacts on our company, millions of homeowners, our national economy, and global financial markets. Subprime borrowers in adjustable rate mortgages may face unaffordable loan payments following rate resets, resulting in payment delinquency, foreclosure proceedings, and the loss of homes, negatively affecting communities, borrowers’ credit ratings, and their ability to purchase a home in the future. Subprime adjustable rate mortgages worth almost $600 billion are expected to experience rate resets by the end of 2008. Credit Suisse predicts that between August 2007 and July 2009, one million subprime …
Bank of America – Moritorium on Coal Financing (2008)
WHEREAS Bank of America (BOA) is a diversified financial services company providing banking,investment, investment banking, credit card and consumer finance services.BOA recognizes that its ability to attract and retain customers and employees could be adversely affected “to the extent our reputation is damaged” and that “failure to address, or to appear to fail to address various issues” could damage the Corporation and its business prospects. (2005 Annual Report)BOA also recognizes that: The health of our company is dependent on the health of communities and our society; Climate change and atmospheric pollution represent a risk to the ultimate stability and sustainability …
Morgan Stanley – Human Rights/Investment Portfolio (2008)
WHEREAS The issue of human rights increasingly impacts investors and companies alike. Company reputations are affected by both direct and indirect involvement in human rights violations. Operating in countries with clear patterns of these violations, such as Sudan and Burma, may heighten reputational and financial risk. Furthermore, companies can face similar risks when they or their suppliers are found to be using forced labor or discriminating against employees, among other abuses. Proponents believe that institutional investors, including asset management firms such as Morgan Stanley, bear fiduciary and moral responsibilities as owners of stock in companies that may be connected to …
Merrill Lynch – Human Rights/Investment Portfolio (2008)
WHEREAS The issue of Human Rights increasingly impacts investors and companies alike. Company reputations are affected by both direct and indirect involvement in human rights violations. Operating in countries with clear patterns of these violations, such as Sudan and Burma, may heighten reputational and financial risk. Furthermore, companies can face similar risks when they or their suppliers are found to be using forced labor or discriminating against employees, among other abuses. Proponents believe that institutional investors, including asset management firms such as Merrill Lynch & Co., bear fiduciary and moral responsibilities as owners of stock in companies that may be …
J.P. Morgan Chase & Co.- Human Rights/Investment Portfolio (2008)
WHEREAS The issue of Human Rights increasingly impacts investors and companies alike. Company reputations are affected by both direct and indirect involvement in human rights violations. Operating in countries with clear patterns of these violations, such as Sudan and Burma, may heighten reputational and financial risk. Furthermore, companies can face similar risks when they or their suppliers are found to be using forced labor, discriminating against employees, or committing other such abuses. Proponents believe that institutional investors, including asset management firms such as JPMorgan Chase & Co., bear fiduciary and moral responsibilities as owners of stock in companies that may …
Pentair – Implement Sexual Orientation Non Discrimination Policy (2007)
2006-2007 Final Vote: 32% …
Halliburton – Implement Sexual Orientation Non Discrimination Policy (2007)
2006-2007 Final Vote: Withdrawn …
Home Depot – Equal Employment Opportunity (EEO) (2007)
2006-2007 Final Vote: TBD …
Expeditors International – Implement Sexual Orientation Non Discrimination Policy (2007)
2006-2007 Final Vote: 43% …
Eli Lilly – Extend the Animal Care and Use Policy to Contract Laboratories (2007)
Resolved: That the Board issue a report to shareholders on the feasibility of amending the Company’s Animal Care and Use Policy to ensure that: i) it extends to all contract laboratories and is reviewed with such outside laboratories on a regular basis, and ii) it addresses animals’ social and behavioral needs. Further, the shareholders request that the report include information on the extent to which in-house and contract laboratories are adhering to the Policy, including the implementation of enrichment measures. Shareholder Supporting Statement Our Company conducts tests on animals as part of its product research and development, as well as …
Recent Posts
- Trillium Responds to SEC’s Request for Input on Climate Change and ESG
- Newsletter: June 2021 – With the Shame of Austerity Exposed, We Can Embrace Resilience
- Newsletter: June 2021 – Trillium’s 2021 Investment Team Racial Equity Project: Overview and Outcomes
- Newsletter: June 2021 – Strong Support for Trillium’s Racial Justice and Good Governance
- Newsletter: June 2021 – Leading Retailers Support Workers on the Front Lines During the Pandemic
Recent Comments