Monthly Archives: January 2013

Genocide-Free Investing Proposal on Proxy Ballot at Franklin Templeton

Published by Social Funds. by Robert Kropp For the first time in at least 19 years, investors in the mutual fund will vote on a shareowner resolution, calling on the company to adopt policies to avoid investing in companies that contribute to genocide. SocialFunds.com — Despite their financial power and […]

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Anti-Genocide Group Targets Franklin

Published by Ignites. By Peter Ortiz January 28, 2013 An investment advocate group is targeting 13 Franklin Templeton funds and parent Franklin Resources, claiming that of all fund firms, it owns the most shares of a Chinese oil company tied to genocide in Sudan. The firm is the latest fund manager […]

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Franklin Resources Shareholders to Vote on Genocide-free Investing Proposal

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.

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Open letter to executives at Franklin Templeton

Open letter sent and published by Investors Against Genocide. January 24, 2013 Charles B. Johnson Chairman of the Board, Franklin Resources, Inc. Rupert H. Johnson, Jr. Vice Chairman, Franklin Resources, Inc. Gregory E. Johnson Chief Executive Officer and President, Franklin Resources, Inc. Dear Sirs, We, the undersigned local and national […]

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