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 forced 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.
Our community has already bought shares in Apple, Google, Facebook, Bayer Monsanto, and Nestle. Now if enough people reading this email chip in a little each month, SumOfUs can build a powerful, sustainable shareholder program:
- buying shares in key companies on short notice to have our say at their AGM;
- building a first-of-its-kind community of individual stock owners to unite our power and compete with the richest shareholders;
- run smart, focused campaigns targeting mega-shareholders like pensions to support our people-powered resolutions;
And much more!
Our program has already been extremely successful, but we want to take it to the next level. For the next 24 hours, we will use everything you give to generate matching donations from big funders, doubling your impact – can you join in to build a world-leading shareholder program?
More information
The SEC Wants to Stop Activism
Bloomberg. 24 March 2022.
Bloomberg. 24 March 2022.
Shareholder activists demand reforms from Amazon, Google, and Facebook
Venture Beat. 27 May 2021.
Venture Beat. 27 May 2021.
SumOfUs Shareholder Activism
SumOfUs. 1 July 2019.
SumOfUs. 1 July 2019.
SEC Adopts Amendments to Modernize Shareholder Proposal Rule
US Securities and Exchange Commission. 23 September 2020.
US Securities and Exchange Commission. 23 September 2020.
Apple faces shareholder vote on human rights policies
Financial Times. 16 December 2019.
Financial Times. 16 December 2019.