We've been so successful using shareholder action to get companies to change their bad behaviour...that they're trying to shut the whole program down!
After a SumOfUs shareholder resolution helped force Apple to publish its first-ever human rights policy, the US stock regulator made a new rule -- anyone who wants to bring this kind of resolution will need to hold thousands of shares...and companies are setting VERY early deadlines to buy them!
They're trying to silence everyone but the richest shareholders. But we can beat them at their own game.
We already bought shares in giants like Apple, Nestle, and Bayer Monsanto. Now if 5000 people reading this email chip in the cost of a coffee, SumOfUs can buy enough shares in Procter & Gamble to have our say at its AGM, ratcheting up the pressure over rampant deforestation and human rights abuses in its palm oil supply chain -- they just got an "F" rating from a major report!
We will use everything you give to generate matching donations from big funders, doubling your impact -- can you join in to buy a piece of Procter & Gamble?
More information
Report: Consumer Goods Companies Caught Driving Illegal Climate Disaster for Palm Oil
RAN. 22 September 2022.
RAN. 22 September 2022.
SEC Adopts Amendments to Modernize Shareholder Proposal Rule
U.S. Securities and Exchange Commission. 23 September 2020.
U.S. Securities and Exchange Commission. 23 September 2020.