Published by Social Funds. by Robert Kropp For the second year, Investors Against Genocide submits shareowner proposal addressing JPMorgan Chase’s extensive holdings in PetroChina, a corporate contributor to genocide in Sudan. SocialFunds.com — The Republic of South Sudan declared its independence last year, but the action did not signal the […]
Category Archives: Press
JPMorgan Issues Proxy Statement Opposing Genocide-Free Investing Proposal
Says it “considers human rights” yet invests in companies tied to genocide BOSTON, MA – APRIL 5, 2012 – Despite the fact that JPMorgan Chase owns over a billion dollars worth of PetroChina, a company widely recognized as contributing to the genocide in Sudan, the company stated in its proxy […]
Why Does Jamie Dimon Suffer for Just $23 Million?
Published by The Street. By Dan Freed 04/05/12 – 10:08 AM EDT NEW YORK (TheStreet) — JPMorgan Chase(JPM_) boss Jamie Dimon’s $23 million 2011 pay package may look like a lot to you and me, but don’t be surprised if he feels poor. Take a look at his 38-page shareholder […]
Anti-Genocide Activists Target JPMorgan Holders
Published by Ignites. By Joe Morris March 30, 2012 The advocacy group Investors Against Genocide is focusing on fund managers and other institutional investors in a proxy campaign at JPMorgan Chase. The group, which protests investment linked to ethnic fighting in Sudan, is funding advertisements and mailings to JPMorgan’s institutional investors […]
Shareholder Proponents Appeal to Institutional Investors in Advance of Proxy Vote at JPMorgan Chase
BOSTON, MA – MARCH 29, 2012 – Should institutional investors support investments tied to genocide? That is the question that Investors Against Genocide has posed to institutional shareholders of JPMorgan Chase via an advertisement in the April 2 issue of Pensions & Investments and a direct mailing to hundreds of […]
iShares Files for New Human Rights ETF
Published by Ignites. By Peter Ortiz March 12, 2012 ETF behemoth iShares has registered a new exchange-traded fund focused on screening out investments tied to human rights abuses. The iShares Human Rights Index Fund aims to exclude companies with economic ties to a wide swath of human rights crimes, including acts […]
World’s third largest pension fund divests from PetroChina
Published by Global Compact Critics. The Netherlands’ largest pension fund ABP has divested its interests in PetroChina and blacklisted the company for non-compliance with the United Nations Global Compact Principles. PetroChina is a participant in the Global Compact. CNPC, its parent company, has been criticized for its presence in war-torn […]
CRWatch, a round up of recent business sustainability news – July 2011 Genocide-free investment
Published by Ethical Corporation. Genocide-free investment A shareholder proposal asking JPMorgan Chase to adopt a genocide-free investment policy grabbed 7.69% of the vote at a recent shareholder meeting – backing that is high enough for it to be added to the proxy ballot at JPMorgan Chase’s 2012 annual meeting. Proposal […]
