lft-arrow

Tuesday November 25th 2014

40 years of foresight, insight and integrity

rght-arrow

Archives

Subscribe

Get news updates
via email:

Delivered by FeedBurner



Business for Democracy and ASBC Lead Effort to Overturn Citizens United v. FEC

The Business for Democracy Campaign, which the American Sustainable Business Council is spearheading in partnership with Free Speech for People is tackling the compelling issue of corporate contributions to political campaigns.

The U.S. Supreme Court’s Citizens United v. FEC decision on January 21, 2010 allows corporations to spend unlimited funds to support or oppose candidates for political office, overturning campaign finance laws in place for decades. The Business for Democracy campaign is an initiative of business leaders and their companies who believe this ruling is in direct conflict with American democratic principles and a serious threat to good government. The campaign supports the four members of the Supreme Court and the 80 percent of Americans who disagree with the decision (Washington Post poll, Feb. 17, 2010).

If you'd like your business to join this effort, you can sign the statement of support here or here.

FairPensions responds to Vince Cable’s Proposals on Executive Pay

‘We at Ethical Markets thanks Fair Pensions for their Leadership, Hazel henderson, Editor’

News Release:

FairPensions responds to Vince Cable’s Proposals on Executive Pay

Responsible investment campaigners FairPensions reacts with dismay to news of government proposals on executive pay.

Responding to Dr Cable’s proposals Christine Berry, Policy Officer at FairPensions, said:

“Reports suggest that today’s announcement will be a negotiated compromise between the government and institutional shareholders who were reluctant to assume new powers. This calls into question whether shareholders are really willing to play the part that government expects when it comes to controlling spiralling executive pay.

“While relying on shareholders to hold companies to account, the government has never addressed the question of who will hold shareholders to account. This is the missing link in today’s package.

“It’s vital that shareholders are made transparent and accountable to the millions of ordinary savers whose money they manage, or the ‘Shareholder Spring’ could become a distant memory when the political spotlight moves on.”

FairPensions has been calling for mandatory voting disclosure from investors which would allow those whose money they manage to see how they’ve voted on key issues like executive pay.

Ends

For more information/to arrange interviews please call the FairPensions press phone on 0207 403 7806. (Our press officer, Matthew, is out of the office today but we will be sure to help you out)

Copyrightt © 2014 EthicalMarkets.com | Supporting the emergence of a sustainable, green, ethical and a just economy worldwide