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As millennial-aged employees now represent the majority of the U.S. workforce, it is increasingly important that corporate management finds ways to engage them in the company. Creating 401(k) plans which connect to their core values — like solving human, social and environmental problems through their work and investments — can be a huge advantage to the company as a whopping 85% of millennials surveyed in the 2016 US Trust study said they consider their investment decisions as “a way to express their social, political, and environmental values.” This attracts the best talent, spurs employee engagement, extends retention, and sparks innovation.


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Intolerance and hatred have no place in our country, or for that matter on our planet. We condemn the fear based violent actions by a minority of self-proclaimed racists. Their violence and anger must be met with unity by those who believe in equality, justice, and human rights for all.

While we recognize that there is so much that is great about this country, as we look at the events of this past weekend in Charlottesville, we also realize that there is a dark past rooted in prejudice, injustice, and race-based supremacy that have now emerged and threaten our democracy…


By As You Sow Staff

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Yesterday, President Trump announced that he is withdrawing the U.S. from the landmark Paris Climate Accord. We believe this decision will go down in history as the most significant failure of a sitting President. Investors, the financial community, and leading companies worldwide recognize the extreme and growing risk of a warming climate to a profitable and stable economy, not to mention a healthy, living planet and its people.

As the climate conscious world around us continues to decarbonize, this stunningly short-sighted decision will have a long term, adverse effect on our country’s competitive position in…


By Rosanna Landis Weaver, Manager, Executive Compensation Program
@landisweaver

Annual meeting: May 19

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Source: Wikimedia Commons

Leslie Moonves from CBS was the number one overpaid CEO on our list in our most recently published report. The regression analysis by HIP Investor showed excess pay of over nearly $42 million in 2015. Moonves was also among the top five in both 2013 and 2014.

That was last year. The proxy published in 2017 shows that Moonves’ pay increased $12 million in one year, for a total of $69.55 million in total disclosed pay. An unusually high percentage of this pay was in cash. His…


by Rosanna Landis Weaver
Manager, Executive Compensation Program
@landisweaver

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With the new administration rolling back efforts to reduce climate change, it is more important than ever that shareholders hold companies accountable. One way to do that is by supporting shareholder resolutions.

As part of its annual report on CEO pay, As You Sow collects pension fund proxy voting records, either through websites or from public information requests. Given the importance of climate change, we decided to review fund voting on climate proposals. We reviewed 44 proposals (falling under four categories discussed below), comparing the voting records of 17 funds for…


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By As You Sow staff

For the first time in years, As You Sow is putting out a petition. We have been shareholder advocates for 25 years now, committed to protecting the rights and freedoms of small shareholders, whether they are early in their careers, recently retired or raising young families.

Today, those rights are being profoundly threatened by Section 844 of the proposed Financial CHOICE Act 2.0.

This new legislation, which will be heard by the Congressional Financial Services Committee TOMORROW (April 26), would fundamentally impair investors’ rights to file shareholder resolutions. The new rule would permit only a…


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Source: Wikimedia Commons

By Rosanna Landis Weaver, Manager, Executive Compensation Program
@landisweaver

In a few weeks, United will likely be sending out its proxy statement. Last year it was issued on April 21. But the events of the last week inspired me to take a quick look at last year’s statement.

A quick search of the proxy statement filed last year shows that the word “executive” appears 421 times and the word “customer” appears 29 times. The only director whose biography lists customer service is that of CEO Oscar Munoz. More than once, the proxy statement lists responsibilities Munoz had at CSX including…


By Lauren Compere, Director of Shareholder Engagement, Boston Common Asset Management, Co-written with Patricia Jurewicz, Director, Responsible Sourcing Network

DID YOU KNOW? The cell phone in your pocket or laptop you may be reading this on could contain minerals used to fund militia groups and war in the Democratic Republic of the Congo (DRC). The conflict is ongoing and only last week, American UN researcher Michael Sharp, his Swedish colleague, and their interpreter were all found murdered. This in the same central DRC region where 42 police officers were beheaded a few weeks ago.

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One of the few glimmers of…


by Rosanna Landis Weaver, Manager, Executive Compensation Program
@landisweaver

When companies have news they want shareholders to miss they often file it with the SEC late on a Friday afternoon. This was the case with the new employment agreement for Ralph Lauren, who is executive chairman and chief creative officer for the company that bears his name. Michelle Leder has made the “Friday night dump” her specialty and it was through a Footnoted.com tweet that I learned about this, and followed up with some Monday morning mining.

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While once common, employment agreements with excessive guarantees have grown rarer. Many shareholders…


by As You Sow staff
@asyousow

California published a notice to list glyphosate, an herbicide used in Roundup and other herbicide products, as a chemical known to cause cancer under Proposition 65. The September 2015 proposal to list glyphosate was based on sound science reviewed by the World Health Organization’s (WHO) International Agency for Research on Cancer (IARC). Despite the proposal’s sound science, Monsanto expressed “outrage” and filed suit claiming that OEHHA’s listing was an unconstitutional delegation of authority to an international body.

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Proposition 65, California’s Safe Drinking Water and Toxic Enforcement Act, is a consumer right-to-know law requiring manufacturers…

As You Sow

Engaging Corporations. Protecting People and Planet.

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