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Help for Shareholders: Green America Launches Proxy Education Center On Climate Change, CEO Pay, Human Rights and Credit Card Industry Practices

Submitted by: Green America

Categories: Finance, Corporate Social Responsibility

Posted: Apr 30, 2009 – 01:04 PM EST


Nearly Two Dozen Shareholder Resolutions Highlighted in Effort to Get Shareholders to Vote Proxies

WASHINGTON, D.C. - April 30, 2009 - In the wake of financial scandals and a major market downturn Green America (formerly known as "Co-op America") is mounting a major effort to get direct shareholders in publicly traded companies to learn more about key issues – climate change, CEO pay, human rights, and abusive credit card practices – and then vote their proxies.

The main Green America campaign site is located at http://www.greenamericatoday.org/socialinvesting/shareholderaction/2009ShareholderAction.cfm. A total of 23 resolutions are featured in the four-part shareholder education center.

The major resolutions and related information about them were selected by Green America from among the dozens resolutions filed by shareholders affiliated with Ceres, the AFL-CIO, and the Interfaith Center on Corporate Responsibility (ICCR).

Corporate Responsibility Programs Director Todd Larsen said: "With everything that has happened in recent months, we think the time is right for shareholders to start voting in greater numbers on key proxy issues. If you are a direct shareholder in publicly traded companies, you will receive a proxy-voting packet by mail. Please check out our proxy voting charts to help you choose how to vote on them. Don't surrender your opportunity to help influence the boards and management of the companies you own!"

In the new Green America shareholder education center, you can find climate change proxy resolutions asking for emissions reductions from electric utilities. Under the human rights chart, you can find resolutions addressing slavery in US steel company Nucor's supply chain, and a call for Chevron to adopt a human rights policy. The credit card proxy chart addresses predatory practices at three of America's largest banks, and under the executive compensation chart you can find demands that shareholders have a "say on pay" at companies such as GE, Coca-Cola, and CVS.

For more information:

Green America (formerly Co-op America) is the leading green economy organization. Founded in 1982, Green America provides the economic strategies, organizing power and practical tools for businesses and individuals to solve today's social and environmental problems. Green America's green economy programs encourage corporate responsibility, tackle climate change, build fair trading systems, advance healthy, local communities, and provide green purchasing and investing information for families and businesses.

To receive Green America's popular publications, including Real Green and the National Green Pages, participate in Green America's Green Business Conferences or Green Festivals, or to get its free e-newsletter, providing the latest green news, green discounts and opportunities to take action for a green economy, visit http://www.greenamericatoday.org, or call at 800-58-GREEN.

For more information, please contact:

Todd Larsen Green America
Phone: 202-872-5310


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