Posts in Shareholder Advocacy
SEC’s move to end its oversight of shareholder proposals

“The SEC’s proposal 'has tilted the field strongly in favor of shielding management from shareholder input … creating a byzantine and difficult process which favors shareholder votes going to support management,’ Danielle Fugere, president of shareholder advocate As You Sow, said in a statement.” Read More →

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SEC Drops Policy that Illegally Enabled Companies to Exclude Valid Shareholder Proposals Following Challenge by Investor Representative Groups

“‘Investor protection is at the heart of the SEC’s mission and fundamental to maintaining orderly markets and facilitating capital formation,’ said Danielle Fugere, President & Chief Counsel of As You Sow.”  Read More →

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S.E.C. Proposes to Kill Climate Change Disclosure Rule

“‘By rescinding this rule, the S.E.C. is turning its back on the investors it exists to protect,’ Andrew Behar, the chief executive of As You Sow, an environmental advocacy group, said in a statement. “This action treats the material financial risk of climate change that harms every American as nothing more than fulfillment of a campaign promise to the fossil fuel industry.’” Read More →

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Berkshire Hathaway AGM vote signals rising support for human capital proposals

“‘‘Strong workplace cultures equal strong companies,’ [Meredith Benton, principal of Whistle Stop Capital and workplace equity consultant to As You Sow] told Berkshire Hathaway’s board. ‘This is an opportunity. We know that American companies broadly are struggling to manage workplace culture concerns efficiently and effectively….’” Read More →

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Archer Daniels Midland Shareholders Back Board, Reject Pesticide Disclosure Push

"Cailin Dendas, who leads the Environmental Health Program at As You Sow…said ADM defines regenerative agriculture as an outcome-based farming approach that protects and improves soil health, but the company does not require regenerative growers to reduce or eliminate pesticide use.”  Read More →

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SkyWest Shareholders Reelect Directors, Back Pay and Auditor, Reject Labor Rights Review Proposal

"Rachel Lowy, speaking on behalf of As You Sow, formally moved the shareholder proposal requesting that SkyWest commission an independent third party to assess whether the company’s policies and practices align with ‘internationally supported rights to freedom of association and collective bargaining.’”  Read More →

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Number of ESG shareholder resolutions in US falls nearly 50 percent amid Republican pressure

“‘‘Shareholders are capitalism’s early warning system,’ says Andrew Behar, CEO of As You Sow. ‘Investors warned Meta for years that its platform was harming children. Recent jury decisions suggest those warnings were ignored – raising the prospect of significant liabilities.’” Read More →

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“Undemocratic hall pass”: SEC sued over no-action request rule change

“‘Since proposals are generally non-binding, the only real benefit of these changes appears to be shielding companies from having to consider hard issues that would be easier to sweep under the rug’, explains Danielle Fugere, As You Sow’s president and chief counsel.”  Read More →

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Public Citizen Files Lawsuit Challenging Chubb’s Refusal to Circulate Shareholder Proposal on Climate-Driven Insurance Crisis

“As You Sow’s proposal addresses a significant policy issue—the affordability and availability of homeowners insurance in the face of climate change—that directly impacts the company’s long-term financial sustainability and carries broad societal implications." Read More →

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