3,500 workers at Eneco Energy have urged its regional shareholders to hang on to their shares -- or employees could face an uncertain future.
In an open letter, they also warned selling the shares could put Eneco’s sustainability policy at risk.
The company’s future depends on its shareholders doing what’s right for its employees -- will you stand with Eneco’s 3,500 workers?
Eneco shareholders: the future of the company is in your hands -- please think carefully before selling your shares!
Shares in Eneco are mostly held by local Dutch authorities -- although most authorities hold only a 1% or 2% stake.
At present, shareholders representing around 25% of the shares are expected not to sell. Recently, Rotterdam -- the largest shareholder in Eneco with a 32% -- voted to sell its shares, but The Hague, which is second with 16%, decided to keep its shares.
A majority sale now risks putting the energy company into the hands of a new owner, who could discontinue Eneco’s sustainability policies, as well as putting jobs at risk.
I stand with the workers of Eneco: stop the sale of these shares!
When SumOfUs members like you all come together, we can use people power to influence the decisions of shareholders. In 2015 we delivered over 170,000 signatures at Monsanto’s shareholder meeting, supporting farmers and investors as they demanded Monsanto be transparent about the risks to GMOs.
Let’s stand in solidarity with the workers of Eneco, and make its shareholders do the right thing!
More information
Dutch News. 23 October 2017.