November 21, 2017

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Holy Land Principles Reaches Agreement with the Corning Company

And, therefore, withdraws its Resolution/Proposal

Submitted by: Holy Land Principles, Inc

Categories: Corporate Social Responsibility, Socially Responsible Investing

Posted: Dec 21, 2016 – 10:03 AM EST

 

WASHINGTON, Dec. 21 /CSRwire/ - An organization that campaigns for fair employment by American companies doing business in Israel/Palestine has agreed to withdraw the Shareholder Resolution it filed for inclusion in Corning’s 2017 proxy statement because Corning has agreed to publish a breakdown of its workforce in that area.

The Capitol Hill-based Holy Land Principles, Inc. had called upon Corning to “disclose the breakdown of its workforce [in Palestine/Israel] using the nine job categories which are utilized in the U.S. Department of Labor’s EEO-1 Report (Equal Employment Opportunity): 1. Officials and managers; 2. Professionals; 3. Technicians; 4. Sales; 5. Office and clerical; 6. Craft Workers (skilled); 7. Operatives (semiskilled); 8. Laborers (unskilled); 9. Service workers 

Corning — the specialty glass, ceramics, and optical physics company based in Corning, NY—  according to the signed Agreement “has agreed to publicly disclose the aforementioned information on or before April 1, 2017.”

Fr. Sean Mc Manus, President of the Holy Land Principles, Inc. and Irish National Caucus, said:

“We congratulate Corning for signing this Agreement. This great American company is setting an example of transparency for the other 542 American companies doing business in The Holy Land. (One company there has already signed the Holy Land Principles — Oxygen Biotherapeutics/ Tenax Therapeutics.)”

The Holy Land Principles — an 8-point corporate code of conduct for American companies doing business in Palestine/Israel— are pro-Jewish, pro-Palestinian and pro-company. The Principles do not call for quotas, reverse discrimination, disinvestment/divestment or boycotts—only for fair employment by American companies. The Principles do not try to tell the Israelis or Palestinians what to do—they only call on the American companies doing business there to sign the Holy Land Principles.

The Holy Land Principles are based on the Mac Bride Principles—a corporate code of conduct for U.S. companies doing business in Northern Ireland. Those Principles were launched by the Irish National Caucus on November 5, 1984 and have been very effective in promoting fair employment.

Fr. Mc Manus concluded: “The Holy Land Principles are filling a vacuum that was crying out to be filled. The issue of fair employment by American companies in Israel/Palestine had never been raised before the Holy Land Principles were launched. But now it is becoming the big existential question that can no longer be ignored.” 

For more information, please contact:

Sean Mc Manus President
Phone: 202-5440568
Barbara Flaherty Executive Vice President
Phone: 202-544-0568

For more from this organization:

Holy Land Principles, Inc

 

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