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 […]
Tag Archives: Investors Against Genocide
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.
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 […]
Genocide-free investing wins vote at ING
Shareholders at the ING Emerging Countries Fund approved the genocide-free investing proposal by a wide margin in a vote on June 28, 2012. The proposal passed 59.8% to 10.7% with 29.5% abstaining. This decisive win at ING is a first for the genocide-free investing proposal.
Victory for genocide-free investing proposal at ING
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.
Gains for Proposal to Avoid Investments Tied to Genocide, Despite JPM Opposition
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 […]
JPMorgan Issues Proxy Statement Opposing Genocide-Free Investing Proposal
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 […]
Shareholder Proponents Appeal to Institutional Investors in Advance of Proxy Vote at JPMorgan Chase
BOSTON, MA – MARCH 29, 2012 – Should institutional investors support investments tied to genocide? That is the question that Investors Against Genocide has posed to institutional shareholders of JPMorgan Chase via an advertisement in the April 2 issue of Pensions & Investments and a direct mailing to hundreds of […]
Genocide-free Investing gains Momentum at JPMorgan Chase
Shareholder Vote Boosts Campaign by Investors Against Genocide COLUMBUS, OH (May 17, 2011) – The shareholder proposal on “Genocide-free investing” earned 7.69 percent of the vote at today’s JPMorgan Chase shareholder meeting. The favorable vote is more than double the 3% required for the proposal to be presented at next […]
American Funds Sells PetroChina After Shareholder Meeting
Investors Against Genocide commends company for acting in the face of genocide Boston, MA – February 17, 2010 – Following a well-publicized shareholder vote on genocide-free investing on November 24, American Funds has now become the largest mutual fund company to divest its holdings in PetroChina. A recent posting on […]
