Tag Archives | Julie Goodridge

Costco Will Report on Prison Labor such as pajamas from China

Costco Will Report on Prison Labor

Costco will report on prison labor in its supply chain, such as pajamas from China, making it if the first U.S. company to make a public commitment to disclose known instances. Many thanks to NorthStar Asset Management for negotiating the agreement. (more…)

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One Share Onve Vote Debate

One Share, One Vote? Dual Class Debated

“One Share, One Vote? A Debate on Dual Class Share Structures” was the title of this year’s Morrison & Foerster Lecture in honor of Marshall L. Small, held at Stanford Law on May 20, 2019. The side favoring a ban, or at least sunset provisions, on dual class shares was slightly more convincing in their arguments. […]

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Prison Labor - NorthStar Report

Prison Labor Fight at Costco: NorthStar Gathers Support

Prison Labor concerns raised again by NorthStar Asset Management won nearly 29% of shareholder votes at Costco Wholesale meeting on January 24, up from almost 5% last year.  The proposal asked for enhanced analysis and disclosure on risks related to prison labor in the company’s supply chain. Yes, if you just read that old link from a […]

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Alphabet and Facebook

Alphabet and Facebook Shareholders Seek Better Oversight: Scandals Loom

Alphabet and Facebook shareholders will once again vote on shareholder proposals at their 2018 annual shareholder meetings related to unequal voting structures. With growing concerns about data and privacy issues, shareholders will weigh in on how other company governance issues are also at play. Voting results will influence whether America will continue its long course toward […]

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Prison Labor

Prison Labor: Corporate Supply Chain

NorthStar Asset Management, Inc., a Boston-based wealth management firm, announced that it has published a white paper outlining its perspective on the issue of domestic (U.S) prison labor in company supply chains, and recommending best practices for companies and investors to uncover and respond to abusive labor practices. Prison Labor in the United States: An […]

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Alphabet Democracy

Alphabet Shareholders Overwhelmingly Support Equal Voting

At Alphabet, Inc.’s most recent annual meeting on June 7, 2017, class A shareholders overwhelmingly supported a shareholder proposal asking company management to recapitalize the share structure so that each share has one vote. According to the proponents of the proposal, assuming that all outstanding class B shares were similarly voted, then up to 99.8% of […]

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Alphabet Democracy

Alphabet: Another Democracy Vote

At the June 7 annual shareholder meeting of Alphabet, shareholders will vote for a sixth year in a row to weigh in on tech-giant Alphabet’s unequal voting structure. Today is the last day to vote without attending the meeting tomorrow. Shareholders are expected to vote in favor of the Recapitalization Plan for all Stock to Have […]

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Human Right to Water

Human Right to Water Affirmed

After engagement with shareholders, two California-based water utilities, California Water Service Group (NYSE: CWT) and American States Water (NYSE: AWR), have adopted policies confirming a commitment to support the human right to water. Sparked by shareholder proposals filed last fall by Boston-based socially responsible investment firm NorthStar Asset Management, Inc., these two human right to water policies are the first at […]

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Julie Goodridge of NorthStar Asset Management

2016 SRI Service Award Nominations Due

The SRI Service Award is one of the most prestigious awards given in the corporate governance industrial complex… and this one is for work in the field of Sustainable, Responsible, Impact investing. No one has to excuse themselves for working in SRI. Like motherhood and apple pie, SRI is inarguably good… although there are still a […]

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FedEX LGBT rights failure #shameonfedex

Will FedEx LGBT Employees Be Protected From State-Promoted Discrimination?

FedEx LGBT Employees Subject to State-Sponsored Discrimination 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 […]

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Sustainable, Responsible, Impact Investing

Sustainable, Responsible, Impact Investing: Part 5

This is the fifth in a multi-part series on the main program of the 25th annual SRI Conference on Sustainable, Responsible, Impact Investing held November 9–11, 2014 at The Broadmoor in Colorado Springs. See also Video Friday: What is Sustainable, Responsible, Impact Investing?, Violating Indigenous Peoples’ Rights Increases Industry Risks, Surveys: Nonprofit Board Members & SRI 2014 Conference Attendees, 25th Annual Conference on […]

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‘We the People’ Already Have a Partial Road Map to Fight Citizens United: Stocks and Mutual Funds

Guest Post by Shari Dunn is an attorney and journalist who is also a “True Believer,” Bon Vivant, Raconteur, Creative, Dreamer and Muse.  Never believe that a few caring people can’t change the world. For indeed, that’s all who ever have.  That’s one of Dunn’s favorite quotes from Margaret Mead. In this guest post (originally posted at […]

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