|
Social Investment Organization and the Taskforce on the Churches and Corporate Responsibility publish shareholder advocacy handbook
|
|
Produced with financial assistance from the Atkinson Foundation, the Handbook is a complete guide to investors interested in using their influence to have corporations disclose or improve their social and environmental performance. The Handbook explains the processes involved in developing proxy voting guidelines, corporate dialogue, shareholder proposals and divestment. "It is our view that socially responsible shareholdership is not just a responsible ethical policy, but that it is a powerful tool for achieving shareholder value," states the Handbook in its introduction. In releasing the Handbook, SIO said the guide is very timely. "About a year ago, federal rules for shareholder proposals were changed," said Eugene Ellmen, SIO's Executive Director. "Institutional investors now have a better feel for how these new rules will affect shareholder advocacy. As well, shareholders are getting ready for the 2003 proxy voting season. Release of the handbook is well-timed." The Handbook is available for download from Publications section of the Web site.
|
