Shareholders approved the genocide-free investing proposal on the ballot of the ING Emerging Countries Fund by a wide margin. The proposal passed with 59.25% voting in favor, 10.84% voting against the proposal and the remainder abstaining, a clear victory for genocide-free investing.
Author Archives: Eric Cohen
Can JP Morgan Manage Its Human Rights Risk?
Published by lvgaldieri. No one questions Jamie Dimon’s competence. It’s just not clear that Mr. Dimon or “any executive,” as the Wall Street Journal put it, “can properly oversee such a large financial institution” as JP Morgan Chase. The complexity of the bank’s balance sheet and the scale and scope […]
ING Loses Fight to Exclude Anti-Genocide Proposal
Published by Ignites. By Peter Ortiz May 17, 2012 ING Funds has lost its fight to exclude a shareholder proposal for a stricter anti-genocide policy from its proxy. The SEC in early May rejected the firm’s pleas that the agency forgo enforcement action if ING omitted the proposal. ING sought assurance […]
JP Morgan Chase Holds Annual Meeting Days After $2 Billion Loss
Published by Social Funds. by Robert Kropp A resolution calling for improved corporate governance through separating the roles of Chair and CEO gains 40% of shareowner support. SocialFunds.com — The annual general meeting of JP Morgan Chase occurred on Tuesday in Tampa, days after the bank’s disclosure that its London-based […]
Genocide-free Investment Proposal Gains Traction, Despite Opposition from JPMorgan
Published by Enough Project. Posted by Laura Heaton on May 17, 2012 For the second year in a row on Tuesday, shareholders of JPMorgan Chase had a chance to vote on whether the company would divest its $3.5 billion worth of holdings in PetroChina and Sinopec, Chinese companies connected to […]
Join Investors Against Genocide in asking JPMorgan Chase to stop funding genocide
Published by Moxy Vote. As concerned consumers, banking customers and shareholders, it is important to us that JPMorgan Chase make a commitment not to invest in companies that may be helping to fund genocide. JPMorgan Chase is one of the largest investors in PetroChina. It is widely reported that PetroChina, […]
Gains for Proposal to Avoid Investments Tied to Genocide, Despite JPM Opposition
Results indicate growing institutional support for genocide-free investing TAMPA, FLORIDA – MAY 15, 2012 – Support for the genocide-free investing proposal on this year’s proxy ballot at JPMorgan Chase increased from last year, according to the preliminary results announced at the company’s annual shareholder meeting today. Adding to the negative […]
JPMorgan CEO Jamie Dimon keeps chairman’s job in shareholder vote
Published by LA Times. But Dimon now faces a Justice Department probe into how the bank lost $2 billion from risky trades. By Andrew Tangel, Richard A. Serrano and Jim Puzzanghera, Los Angeles Times May 15, 2012, 5:54 p.m. TAMPA, Fla. — After surviving a push to oust him as […]
