NEWS STORY:
CLIMATE CHANGE | LEGISLATION
Companies Voice Their Support for Effective Climate Change Legislation
Asserting that the US has already fallen behind other countries in the development of renewable
energy technologies, the We Can Lead lobbying campaign brings businesses to Washington DC to call
for legislation that includes a price on carbon. First of a two-part series.
NEWS STORY:
SUSTAINABILITY | CORPORATIONS
Companies That Aggressively Pursue Sustainability Are Reaping Benefits
A report from the MIT Sloan Management Review and the Boston Consulting Group finds that while the
majority of companies view sustainability as a response to external pressures, some are finding
profitability in its practice.
NEWS BRIEF:
SHAREOWNER RIGHTS | CORPORATE GOVERNANCE | LEGISLATION
Draft Financial Reform Bill Includes Provisions for Shareowner Rights
Proposed bill will strengthen corporate governance by providing shareowners with proxy access and
annual votes on executive compensation.
NEWS STORY:
SHAREOWNER ACTIVISM | CLIMATE CHANGE | OIL SANDS
Shareowner Activists Request Better Disclosure of Strategic Risks by Oil Sands Developers
Investor group led by Boston Common Asset Management in the US and FairPensions in the UK joins
forces to engage with BP and Shell on disclosure of strategic risk mitigation in Canadian oil sands
developments.
NEWS BRIEF:
ECONOMIC CRISIS | CREDIT RATING AGENCIES | LAWSUITS
Connecticut AG Sues Rating Agencies for Their Role in Financial Meltdown
Lawsuit charges that Moody's and Standard & Poor's knowingly assigned inflated ratings to
investments backed by sub-prime loans in order to earn lucrative fees.
NEWS STORY:
SHAREOWNER ACTIVISM | EXECUTIVE COMPENSATION
More Than 60 Companies Voluntarily Adopt Annual Shareowner Votes on Executive Compensation
Companies adopting say-on-pay include many in the financial industries, and all TARP recipients
mandated to do so last year; in the absence of legislation or regulations, activist shareowners
file more than 70 resolutions on the issue this year.
NEWS BRIEF:
SHAREOWNER ACTIVISM | HUMAN RIGHTS | SUPPLY CHAIN MANAGEMENT
Forced Child Labor Remains Widespread in Cotton Fields of Uzbekistan
A report from the Environmental Justice Foundation finds that up to two million children are forced
into working in Uzbekistan’s cotton fields, and recommends that apparel retailers improve
monitoring of their supply chains to ensure that forced labor is not a part of them.
NEWS STORY:
SHAREOWNER ACTIVISM | CLIMATE CHANGE
Investors File Record Number of Shareowner Resolutions on Climate Change
Organizations that have filed resolutions addressing oil sands operations, quantitative greenhouse
gas emissions reduction targets, and coal ash waste disposal, express strong support for SEC
guidance on climate change disclosure.