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May 31, 2007

Faith in fair value

Faith-based coalition investors push social and environmental-based resolutions at shareholder meetings

It must be handy having God on your side, especially when taking on a large corporate – but that’s exactly what the Interfaith Center on Corporate Responsibility (Iccr) can reasonably claim. Year after year, it files social and environmental- based resolutions to argue its case at shareholder meetings in order to pressurize company executives to do the right thing, from improving supplier factory conditions in China to exhorting GE to clean up the Hudson after it tipped 1.3 mn pounds

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