Corporate / Telecommunications
Third National Climate Assessment Published (05/06)
In its new report, the US Global Change Research Program asserts that the effects of climate change have already become a present day concern, and announces the launch of a website to help Americans receive reliable scientific information.
Shareowners Call for Independent Chair at Twenty-First Century Fox (10/21)
A resolution co-filed by Christian Brothers Investment Services and the British Columbia Investment Management Corporation is supported by two-thirds of independent shareowners, but the company's dual-class stock structure insulates Rupert Murdoch from a majority vote.
Shareowners Re-file Governance Resolutions at News Corp (05/15)
Christian Brothers Investment Services and the British Columbia Investment Management Corporation request separation of positions of board chair and CEO, while the Nathan Cummings Foundation calls for elimination of the media company's dual-class share structure.
Lawsuit Dropped after Chip Maker Updates Political Spending Policy (02/23)
After the New York State Comptroller filed suit in Delaware, Qualcomm updates its policy on political spending to include disclosure of payments to trade associations and social welfare organizations.
Shareowners Pressure Companies on Use of Renewables (02/20)
Most of the 13 resolutions target energy use in the information technology and real estate industry sectors, requesting improved reporting and commitments to increased renewable energy sourcing.
Many Industry Sectors Unprepared for Conflict Minerals Rule (02/01)
A report from the Responsible Sourcing Network finds that leading companies in the information and communications industry have undertaken initiatives to ensure that their supply chains are free of conflict minerals, but few other industry sectors have done so.
Shareowners Address Smoking in Films (12/20)
Despite recent findings by the US Surgeon General that exposure to on-screen smoking causes children to smoke, depictions of tobacco use in youth-rated films continue to increase, prompting calls from investors for an R rating for films that depict smoking.
Independent Shareowners Want Murdoch out as Chairman of News Corp (10/20)
Resolutions calling for separation of Chairperson and CEO, and end to dual-class stock structure, gain support of two-thirds of independent shareowners at media company's annual meeting.
Church of England Sells its Shares in News Corp. (08/07)
A year of engagement following the phone hacking and bribery scandal has failed to produce a commitment by the media giant to improve its corporate governance, and the Church responds to the lack of progress with divestment.
Voting Rights Curtailed by Dual-Class Structure, News Corp. Shareowners Call for Reforms (07/20)
Eighteen investors representing over $1.6 trillion in assets under management write to Rupert Murdoch, urging him to support a shareowner resolution calling for the separation of the positions of Chair and CEO.
ICCR Commends Disney on Advertising by Food and Beverage Companies (06/26)
The media giant announces that food and beverage products advertised on its networks will be required to meet nutritional guidelines that are aligned with federal standards.
Zevin Asset Management Calls for Net Neutrality at Wireless Firms (06/04)
The Boston-based investment firm writes to AT&T and Verizon, asking them to ensure that net neutrality is maintained and that the wireless providers refrain from imposing discriminatory fee structures.
Eurosif Outlines ESG Risks to Media Companies (04/20)
The fast-changing media sector faces risks associated with trust, freedom of expression, and diversity, and a report cites examples of best practice in an environment dominated by the News Corporation's phone hacking scandal.
Trillium Urges Verizon Shareowners to Support Net Neutrality (04/09)
A letter sent to shareowners by the investment management firm outlines the economic and social case for continued net neutrality at the wireless telecommunications company
Shareowner Resolution Calls for Independent Board Chair at News Corporation (04/04)
Christian Brothers Investment Services resubmits proposal introduced at the media giant's annual meeting last October, citing the company's inaction in implementing reforms in the wake of phone hacking scandal.
James Murdoch Steps Down at News International (03/02)
Christian Brothers Investment Services welcomes the move as a small first step, but calls for additional corporate governance reforms at the media giant.
Praxis Targets Cell Service Providers in Conflict Minerals Campaign (11/17)
SocialFunds.com talks with Mark Regier of Praxis Mutual Funds about the launch of campaign to bring cell service providers into the conversation about conflict minerals.
Murdoch to Shareowner Activists: the Polls are now Closed (10/25)
Julie Tanner of Christian Brothers Investment Services describes the frustration of advocating for governance reforms at the annual meeting of scandal-plagued News Corp.
Proxy Firm Tells US Investors to Oust News Corp Directors (10/10)
Citing concerns about objectivity and independence, Glass Lewis advises shareowners to vote against six of the media giant's directors.
Investors Call for Improved Governance at News Corp (08/11)
In the aftermath of phone hacking and bribery scandals at the media company, members of the Interfaith Center on Corporate Responsibility call for separation of Chair and CEO positions and elimination of dual-class stock structure.
Calvert and Ford Foundations Help Launch Public Radio Fund to Democratize the Airwaves (08/10)
The foundations jointly seeded $4.5 million in the revolving loan fund administered by Denver-based Public Radio Capital to provide low-interest loans to public radio projects nationally.
IT Company Collusion with Chinese Authorities to Repress Free Expression Shorts Shareowner Value (02/17)
Boston Common Asset Management submits testimony to congressional hearings asserting that protecting shareholder value and respecting human rights are not mutually exclusive mandates.
World Bank and IMF: Indicators of Investor Opportunity or Red Flags of Investor Risk? (08/23)
Two academic papers produce empirical evidence that World Bank and International Monetary Fund loan conditions stipulating market reform may prove counterproductive and fuel backlash.
A Passage to India: Report Asks If BT Offshoring Is Socially Responsible (03/30)
A recent report by SustainAbility assesses whether offshoring and corporate social responsibility are compatible, focusing on the case of British Telecom.
Corporate Governance Ratings Take Different Approaches to Produce Similar Results (08/19)
GovernanceMetrics International rates corporate governance in relation to other companies, while Institutional Shareholder Services rates in relation to market indexes.
Climate Change Litigation Could Affect Companies’ Market Value (07/23)
In the near future companies could face the risk of being on the receiving end of climate change lawsuits, a development that stands to impact shareowner value.
Huh?!?: CEO Pay Goes Up in 2002 While the Stock Market Goes Down (06/25)
The Corporate Library's report shows how CEO pay increased in 2002 despite the fact that the stock market declined significantly, a trend that does not sit well with investors.
Blacklisting, Voicetracking, and Payola: Clear Channel and the Effects of Media Consolidation (05/23)
Shareowner activists ask Clear Channel to ban blacklisting, while musicians and other activists oppose FCC plans to deregulate media industries.
Return to Sender: Dell Inches Toward a Computer Take-Back Recycling Program (04/09)
Calvert-led coalition conducts shareowner action urging U.S. computer companies to implement take-back programs for recycling obsolete computers and components.
Socially Responsible Investment Firms Respond to New War with Tried and True Tactics (03/28)
SRI firms are sticking with their traditional strategies, such as screening, community investment, and support for humanitarian aid, in response to war.
CalPERS Says Xerox's Corporate Governance Not Worthy of Copying (03/27)
Pension fund giant names six companies that need to improve their corporate governance.
Corporate Responsibility Ratings and SRI Screens Sometimes Differ (01/16)
A new report from Oekom Research criticizes IT network and component company performance based on the companies' own disclosure, while the Calvert Group's screens assess companies' actual practices.
Oekom Pans Telecoms' Social and Environmental Performance (11/01)
A recent report from the German research firm concludes that only a handful of telecommunications companies have above average social and environmental practices.
Book Review: The Ecology of the New Economy (08/07)
A collection of essays identifies how the new digital economy both upgrades and downgrades the environment without predicting which trend will prevail.
Shareowner Vote Keeps Pension Plan an Issue with AT&T (07/16)
A resolution calling for employee choice in selecting pension plans can be resubmitted next year, and a resolution seeking to strike sexual orientation from AT&T's nondiscrimination policy is soundly defeated.
Business Ethics' 100 Best Corporate Citizens Outperform S&P 500 (04/29)
An academic study concluded that Business Ethics' list of 100 Best Corporate Citizens generated better returns than the remaining companies on the S&P 500.
Corporate Sustainability Reporting Is Here to Stay (04/05)
The Global Reporting Initiative, an organization working to make corporate performance more transparent, was formally inaugurated as an independent institution yesterday.
First Nasdaq-based Social Index Unveiled (02/12)
KLD and Nasdaq create the KLD-Nasdaq Social Index, the first index to screen Nasdaq companies for social and environmental criteria.
Spreading the Word about Corporate Social Responsibility and Sustainable Development (01/30)
A new report assesses the role of the media in the growth of corporate social responsibility and sustainable development.
Consulting Firm Promotes Online Reporting of Triple Bottom Line (12/31)
SustainAbility, a British research and consultancy firm, recently released a report on how companies, their stakeholders and customers use the Internet to communicate about sustainable development.
SBI Promotes Responsible Business Practices Alongside Profits (12/27)
The Sustainable Business Institute is working to spread its vision of sustainability to business leaders and the public.
GEMI Elevates Environmental Consciousness from the Bottom to the Top Line (12/03)
The Global Environmental Management Initiative releases a new report promoting environment-friendly methods of enhancing corporate performance.
Greenhouse Gas Protocol Initiative Creates Global Emissions Standards (11/07)
An international consortium of government agencies, NGOs, and businesses creates its own set of standards for reducing greenhouse gas emissions in advance of the Kyoto Protocol.
EPA Program Recognizes Better Corporate Environmental Performance (11/02)
Performance Track motivates and rewards businesses that exceed EPA's environmental standards.
Companies Get Help Building Green (10/29)
The U.S. Green Building Council makes it easier for companies to be more energy efficient and friendlier to the environment by helping them construct "green" buildings.
Scandinavian Companies Work toward Sustainable Business Model (10/03)
A group of large Nordic companies are participating in an unusual partnership to create their view of a future sustainable company.
Book Review: The Civil Corporation (09/28)
The New Economy brings increased competition, faster dissemination of information and the rise of corporate citizenship.
EPA Partners with Businesses to Promote Green Power (09/27)
Voluntary program has enlisted companies, cities, universities and others with the aim of boosting the market for renewable energy.
Companies Cut Pollution Through E-commuting (08/28)
A federal government pilot program will give participating companies pollution credits based on the emission reductions achieved by telecommuting employees.
Benchmarking Corporate Environmental and Social Reporting (07/12)
Recent survey examines the environmental and social reporting practices of the 100 largest global firms.
Labor Standards Resolutions Garner Support in 2001 Proxy Season (07/11)
Ten international labor and human rights proposals that came to vote this year received 10 percent or more support from shareowners.
Americans Increasingly Interested in Corporate Citizenship (07/10)
Survey indicates that Americans are looking for good corporate citizens, but are having difficulty finding them.
Companies Using NAFTA to Undermine Legitimate Regulations (06/12)
New report explains how the U.S., Canadian and Mexican governments' ability to regulate in the public interest is being eroded by NAFTA's Chapter 11.
Telecommunications Industry Calls for Sustainability (06/05)
Some of the world's largest information and communications technology companies form an alliance to promote sustainable development.
Better Corporate Governance Pays Off for Large Companies in Emerging Markets (06/04)
Recent study across global emerging markets finds large companies with good corporate governance yield better bottom lines.
Getting Boards to Address the Triple Bottom Line (05/15)
New report proposes a set of principles and actions to assist corporate boards in addressing the triple bottom line of economic, social and environmental performance.
Business Group Supports Sustainability Via the Market Economy (04/24)
New report identifies seven factors companies must address in order to realize sustainable practices.
Major UK Fund Manager to Require Environmental Reporting (04/19)
Institutional investors are increasingly seeing the need for environmental disclosure.
Environmental Groups Endorse Shareholder Resolutions (04/12)
Environmental advocates ask for support for pro-environmental resolutions at a wide range of companies.
Thirty-one Companies to Test Sustainability Reporting Guidelines (04/06)
Structured feedback will help shape the next generation of Global Reporting Initiative guidelines.
Shopping for Responsibility (04/02)
Internet site is helping consumers base shopping decisions on values.
Procter & Gamble Heads List of 100 Best Corporate Citizens (03/28)
Business Ethics magazine recently published their annual rankings of the companies that best serve a diverse group of stakeholders.
Shareholder Resolution Vote Nudges Emerson on Equality (03/07)
Support from shareholders at annual meeting pushes electronic manufacturer to reconsider implementing a sexual orientation non-discrimination policy.
New International Society Marries Technology and Ecology (02/23)
Representatives of AT&T and Motorola join researchers, policy makers and environmental advocates to launch the International Society of Industrial Ecology.