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 an Ekō (formerly 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.
We already bought shares in Apple, Google, Facebook, Nestle, and Bayer Monsanto. Now if just 5000 of you reading this email today chip in the cost of a coffee, Ekō can buy shares in some of the biggest banks in the world and have our say at their AGMs, ratcheting up the pressure over their funding of new fossil fuel projects -- Scotiabank alone has given nearly $150 billion USD to these planet destroyers in the last 5 years!
We'll use everything you give to generate matching donations from big funders, doubling your impact -- can you join in to buy a piece of Scotiabank and the other banking giants fuelling climate destruction?
More information
Barclays among major banks facing pressure to stop financing fossil fuels
The Independent. 10 February 2023.
The Independent. 10 February 2023.
Canadian investors falling short on climate commitments, report suggests
Global News. 1 February 2023.
Global News. 1 February 2023.
SEC Adopts Amendments to Modernize Shareholder Proposal Rule
US Securities and Exchange Commission. 23 September 2020.
US Securities and Exchange Commission. 23 September 2020.