Serious concerns about ING disregarding the vote and taking no action Boston, MA – August 7, 2013 – On the day that ING U.S. releases its quarterly earnings report, a diverse coalition of institutional investors and corporate governance advocates are calling on the company to reconsider a recent decision to […]
Category Archives: Press Release
Although “repulsed” by genocide, after 5 years of votes Fidelity still invests in companies tied to genocide Boston, MA – June 18, 2013 – Today, six mutual funds recorded votes at Fidelity’s shareholder meeting on a proposal to avoid investments in companies that “substantially contribute to genocide.” These funds bring […]
JPMorgan continues to increase investments tied to genocide although a signatory to UN PRI TAMPA, FLORIDA – MAY 21, 2013 – In the Q&A portion of today’s annual meeting at JPMorgan Chase, CEO Jamie Dimon stated that “he doesn’t know the specifics of PetroChina,” a company widely recognized as contributing […]
San Francisco-based Armenian leader presents anti-genocide shareholder proposal SAN MATEO, CALIFORNIA – MARCH 15, 2013 – On Wednesday, shareholders at Franklin Resources, parent company of Franklin Templeton mutual funds, voted for the first time on a genocide-free investing proposal coordinated by Investors Against Genocide. The proposal is the first shareholder […]
Local and national human rights and religious groups issue open letter supporting shareholder proposal. The proposal, which is the first shareholder proposal to appear on the company’s proxy ballot in nineteen years and possibly the first ever, requests “that the Board institute transparent procedures to avoid holding or recommending investments in companies that, in management’s judgment, substantially contribute to genocide or crimes against humanity, the most egregious violations of human rights.” Franklin Resources is opposing the proposal.
Shareholders approved the genocide-free investing proposal on the ballot of the ING Emerging Countries Fund by a wide margin. The proposal passed with 59.25% voting in favor, 10.84% voting against the proposal and the remainder abstaining, a clear victory for genocide-free investing.
Results indicate growing institutional support for genocide-free investing TAMPA, FLORIDA – MAY 15, 2012 – Support for the genocide-free investing proposal on this year’s proxy ballot at JPMorgan Chase increased from last year, according to the preliminary results announced at the company’s annual shareholder meeting today. Adding to the negative […]
Says it “considers human rights” yet invests in companies tied to genocide BOSTON, MA – APRIL 5, 2012 – Despite the fact that JPMorgan Chase owns over a billion dollars worth of PetroChina, a company widely recognized as contributing to the genocide in Sudan, the company stated in its proxy […]