The Caterpillar 2018 annual meeting is June 13. Vote AGAINST the pay package and FOR the shareholder proposals to enhance long-term value. Your vote can help make a great company even better. Continue Reading →
Tag Archives | human rights
PayPal Holdings (PYPL), operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products.
Most shareholders do not vote because reading through 100+ pages of the proxy is not worth the time for the small difference your vote will make. Below, I tell you how I am voting and why. If you have read these posts related to my portfolio for the last 22 years, have values aligned with mine, and trust my judgment (or you don’t want to take the time to read it), go immediately to see how I voted my ballot. Voting will take you only a minute or two and every vote counts. The annual meeting is coming up on May 23, 2018. I voted with the Board’s recommendations 44% of the time. View Proxy Statement via SEC’s EDGAR system (look for DEF 14A). Continue Reading →
Apple Inc. (AAPL) designs, manufactures, and markets mobile communication and media devices, and personal computers to consumers, and small and mid-sized businesses; and education, enterprise, and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications.
The annual meeting is coming up on February 13, 2018 at the new Apple Park. I voted with the Board’s recommendations 69% of the time. I voted against the pay package. I voted for proxy access amendments and for a human rights committee. View Proxy Statement via SEC’s EDGAR system (look for DEF 14A). Continue Reading →
I’ve already provided my suggested votes at FedEx ($FDX) at FedEx (FDX): Proxy Score 44. September 25th is the last day to vote online.
However, the following came in today from my friend of NorthStar Asset Management, Inc. concerning their proposal #7 Report Application of Company Non-Discrimination Policies in States With Pro-Discrimination Laws. Of course, I would vote for it 100 times over if I could, so I thought her words worth repeating. State-promoted discrimination is akin to state-sponsored terrorism, as far as I’m concerned. We have to fight it on every front. Continue Reading →
Three years have passed since the collapse of the Rana Plaza building in Bangladesh resulting in over 1,100 garment workers killed and 2,600 injured. This massive tragedy drew attention to the systemic human rights abuses in the garment sector, as well as the failure of the Bangladesh government and corporate compliance programs to create safe and healthy workplaces that respect and protect the lives of workers. Continue Reading →
Yahoo! Inc. (YHOO), one of the stocks in my portfolio, is engaged in providing Internet search, communication and digital content. Their annual meeting is coming up on 6/24/2015. ProxyDemocracy.org had the vote of three funds when I checked and voted on 6/15/2015. I voted with the board 46% of the time and assigned YHOO a proxy score of 46. Continue Reading →
Facebook Inc (NASD:FB) operates as an online retailer in North America and internationally. It is one of the stocks in my portfolio. Their annual meeting is coming up on 6/10/2015. ProxyDemocracy.org had the vote of three fund families when I checked and voted on 6/8/2015. I added the votes of CalSTRS in the table below. Like ALL the pre-disclosing funds, I voted with management 0% of the time. I assigned Facebook a proxy score of 0. Continue Reading →
The ICGN Annual Conference, hosted by the City of London, is now only a few weeks away. The organization will welcome over 600 delegates to and celebrate its 20 year anniversary. Places for the conference are limited, so register now to avoid any disappointment.
A new session has been added to the agenda this week: ‘Creating long-term, sustainable success. What do boards and investors need to do?’ hosted by Mazars. Speakers include Anthony Carey (Mazars), Michelle Edkins (BlackRock), Simon Fraser (Investor Forum) and David Pitt-Watson (London Business School).
Yahoo! $YHOO, is one of the stocks in my portfolio. Their annual meeting is June 25, 2014. ProxyDemocracy.org had collected the votes of one fund when I checked and voted on 6/13/2014. I voted with the Board’s recommendations 56% of the time. Thus I assigned Yahoo! a proxy score of 62. View Proxy Statement. Read Warnings below. What follows are my recommendations on how to vote the Yahoo! proxy in order to enhance Yahoo’s corporate governance and long-term value. Continue Reading →
Caterpillar (CAT), is one of the stocks in my portfolio. Their annual meeting is June 11, 2014 (tomorrow). ProxyDemocracy.org had collected the votes of two funds when I checked and voted on 6/10/2014. I see they now have three. I voted with management 42% of the time. View Proxy Statement. Read Warnings below. What follows are my recommendations on how to vote the CAT proxy in order to enhance corporate governance and long-term value. Continue Reading →
Goldman Sachs ($GS) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/23/2013. ProxyDemocracy.org had collected the votes of two funds when I checked on 5/15/2013. I’ll check back and may post again on GS before the voting deadline, depending on developments. I voted with management 26% of the time. View Proxy Statement. Warning: Be sure to vote each item on the proxy. Any items left blank are voted in favor of management’s recommendations. (See Broken Windows & Proxy Vote Rigging – Both Invite More Serious Crime) Continue Reading →
The Shareholder Association for Research & Education (SHARE) is launching a two-year project aimed at developing tools to assist investors in ensuring their pension investments uphold the highest standards of human and labour rights. The Investing in Decent Work project will focus the challenges investors face in identifying and addressing issues related to the use of forced labour, precarious employment and occupational health and safety…
SHARE will also identify best practices to enable companies to meet and exceed widely-accepted international labour standards and improved disclosure to help investors manage risks and identify opportunities related to workplace issues. (SHARE project will examine role of workplace issues for investors)
I’m delighted to see this development to assist Canadian institutional investors. Many US funds I am familiar with, like CalPERS, have endorsed the United Nations Global Compact, Sullivan Principles, etc. Although I sure they attempt to be conscientious in implementing such principles, I’m sure most would welcome the development of best practices to ensure intentions are carried out.