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Shareholder Proposal Success Stories, 1985-2000' Do shareholder proposals on social issues make a difference? Consider the following: The triumph of the 1995 proxy season was undoubtedly Kimberly-Clark's announcement that it was spinning off its tobacco operations--exactly the request activists had made in a proposal that got 8.7 percent support at the annual meeting. The company, though, declined to give credit to the activists for its decision, maintaining merely that those operations were"incompatible with the company's strategic direction as a manufacturer and marketer of well-known consumer and health care brands." Click here to Download the PDF file.
Campaign Wants Paper Companies to 'Come Clean.' A new shareholder campaign for the 2001 proxy season will try to get pulp and paper companies to be more forthcoming about the potential environmental liabilities they face. The campaign is expected to target up to a dozen U.S. forest products companies. Click here to Download the pdf file.
Independent University Initiative! To understand better the conditions under which university-licensed apparel is manufactured, five universities, Harvard, the University of Michigan, Notre Dame, Ohio State and the University of California, gathered information about working conditions and steps that universities can take to improve these conditions. The following is the consultants' draft final to the universities as a pdf file.
IRRC is a leading source of impartial, independent research on corporate governance, proxy voting and corporate responsibility issues. IRRC's mission is to provide the highest quality research on companies and shareholders worldwide. IRRC offers guidance and advice on proxy voting, enabling investors to make informed, considered decisions that reflect their investment philosophies. IRRC also offers company profile information for portfolio screening and other purposes. IRRC does not advocate on any side of the issues it covers.
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