Home
/
RELIGION & LIBERTY ONLINE
/
Shareholder Activists Drop Religious Pretext
Shareholder Activists Drop Religious Pretext
Apr 28, 2026 7:25 AM

Religious shareholder activist group As You Sow released its 2016 Proxy Preview last week, and it’s a doozy. Tellingly, AYS has dropped religious faith as a rationale for its climate-change and anti-lobbying efforts. From the panying press release:

More 2016 shareholder proposals than ever before address climate change — pared with 82 in 2015. Of the resolutions, 22 ask energy extractors and suppliers to detail how the warming planet will affect their operations and how they will respond if governments follow through mitments made in the Paris climate treaty in December to keep fossil fuel assets in the ground to prevent damaging temperature increases. A further 18 resolutions focus on the risks from using hydraulic fracturing to extract energy from shale deposits, including 12 seeking methane reduction targets. Nineteen resolutions panies to set greenhouse gas emission reduction targets. The climate slate is rounded out by another 11 proposals that include a push to change energy reserves accounting at panies and one suggesting executive bonuses should be linked to fossil fuel reserves accounting changes.

Political activity accounts for another 99 resolutions, including some drawing connections between government inaction on climate change and corporations’ lobbying and election spending. Proposals on lobbying (55) exceed those about election spending (40). panies face resolutions seeking oversight and disclosure of both election and lobbying expenditures.

Hoo boy. Where to begin unpacking all the mischief hinted at above? Suffice it to write that the proxy resolutions in the 2016 Proxy Preview demand individual scrutiny in order to identify the wrongheadedness of it all. This despite the self-congratulatory back-patting and progressive smugness displayed above and below:

As You Sow CEO Andrew Behar said: “In this Paris-meets-politics year, the growing integration of issues for shareholder advocacy is apparent like never before. We see political spending intertwined with climate change and sustainability directly linked to CEO pay. Investors panies to take a broad, systemic look at their policies and how they affect responsible action in the broader economy.”

Michael Passoff, CEO, Proxy Impact; and co-author of Proxy Preview 2016, said: “Shareholders are saying what politicians won’t: We must transform the energy sector, but money in politics is preventing that. Shareholders are stepping in where Congress fears to tread — demanding panies prepare for climate change e clean on political spending.”

Readers will note that neither Behar nor Passoff never once mention how AYS activities reflect religious faith and devotion but only politics. Behar’s “Paris-meets-politics” refers to last December’s United Nations Framework Convention on Climate Change. Otherwise known as COP21, the conference was a pilgrimage of pomposity for AYS and the rest of the religious shareholder crowd. Collectively, the climate-change activists raised their carbon footprint exponentially in order to display publicly just how much fossil-fuel carbon emissions makes them both sad and angry.

Similarly, AYS activities directed at lobbying and political spending aren’t based in faith, only politics. In fact, AYS boasts its 2016 “lobbying transparency campaign begun in 2012 is coordinated by Walden Asset Management and the American Federation of State, County and Municipal Employees (AFSCME).” Hmmmm…does anybody else smell something funny emanating from the blended lobbying-disclosure efforts of a public-sector union and a supposedly faith-based investment group? It, too, reeks of progressive sadness and anger.

It seems AYS has set itself up as a progressive variation of Hollywood central casting replete with a huge roster of sad-looking clergy and angry-appearing nuns who are eager to lend their respective faces and voices to left-leaning causes during the annual proxy resolution season. AYS cares not a whit for its fellow stockholders and the profitability of panies in which they’re all invested – which is supposed to be the main objective of owning stocks in the first place. Nor does it even bother sprinkling religious justification on its various agendas. It’s all about politics of a particular stripe, which aims to use proxy resolutions to shut down all opposing policy discourse while bringing panies to heel (or else) at the secular altars of climate change, political spending and lobbying.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
North Korea: ‘Time Has Come to a Standstill’
North Korea has lately been featured in dozens ofnews articles about a recent United Nations report on human rights abuses and now thanks to a new photo from NASA. The photo above wasjust released — taken from the International Space Station. While the surrounding countries are twinkling with light, North Korea pletely blacked out save for a small dot that is Pyongyang. U.S. News & World Report lists some of the unpleasant facts of life in North Korea, including frequent...
Cakes, Conscience, and Christian Stewardship
I have already weighed in on the recent hubbub over whether bakers, florists, and photographers should pelled by law to serve ends they deem unethical and in violation of their consciences. Over at First Things, Eric Teetsel of the Manhattan Declaration offers some helpful embellishment on that last bit — conscience — arguing that Christians ought to be far less blind and arbitrary when es to the shape and scope of their stewardship and service. As for the case at...
Hunting The Predators: Holding ‘Johns’ Accountable In Human Trafficking Situations
Let’s stick with the hunting metaphor for a moment. In terms of our justice system, “johns” have pretty much been “catch and release.” You catch the (usually) guy, slap him with a misdemeanor, and let him go. Don’t want to embarrass him, his family, put his job in jeopardy. Thankfully, with rising awareness of human trafficking, this is changing. In today’s New York Times, columnist Nicholas Kristof sheds some light on what’s happening in Chicago. Several police officers are waiting...
Radio Free Acton: Wesley J. Smith on Human Exceptionalism
Are you special? Do you have intrinsic dignity? Are “human rights” something that you have by virtue of the fact that you’re a human being, or are you no different from any other creature on the planet? These are all vitally important questions, the answers to which will shape the way you view yourself and other people, and deeply impact the sort of society that you attempt to build. On this edition of Radio Free Acton, Paul Edwards talks with...
Thidwick the Big-Hearted and Slow-Witted
Dr. Seuss is renowned for his insights into human nature and development, along with an ability municate these insights in a way that is so straightforwardly simple that children can grasp the lesson immediately and intuitively. Consider, for instance, the case ofThidwick the Big-Hearted Moose. Thidwick is a moose who cares about others, and so when the occasion arises, Thidwick is happy to share space on his antlers with a bug who needs somewhere to stay.But Thidwick’s generosity sets a...
How Property Rights Protect Widows and Orphans in Uganda
“In this part of the country, land is life,” says a young Ugandan woman. “Good dreams are about your land.” But widows and orphans are often denied access to their own land because of “property grabbing.” As Jesse Rudy, the International Justice Mission Director in Uganda explains, property grabbing occurs when a man dies in Uganda and his relatives force the widow and her children off of their land, claiming it as ancestral “family land” disowning the widow from the...
The Crazy Alternative Lifestyle of Marriage and Children
I have five kids. I thought I was sane, but apparently, I’m living a crazy alternative lifestyle. Freestyle halfpipe skier David Wise won gold at Sochi. NBC, rather than being impressed with his world-class athleticism, focused on his “alternative lifestyle.” You see, Wise is married to Alexandra, and they have a young son. Wise is also considering ing a pastor. San Diego Chargers quarterback Phillip Rivers has had his critics in terms of his play, but there are also critics...
Why Should Baptists Care About Economic Theories?
In a review of Flourishing Faith,Chad Brand’s Baptist primer on faith, work, and economics,pastor David Daniels summarizes thewhy behind thewhat: But why should Baptists care about political economic theories anyway – especially over-burdened, time-starved pastors? Aren’t Baptists concerned with spiritual matters: evangelism, discipleship and church-planting? Anticipating the question, Brand provides five excellent reasons why Christians should understand economic theory. The Bible speaks to economic issues: acquiring and disposing of money and property, fair wages, and stewardship of the earth.Understanding political...
Christianity and the ‘Triumph of Modernity’
Samuel Gregg recently reviewed Rodney Stark’s new book, How the West Won: The Neglected Story of the Triumph of Modernity. Gregg begins by pointing out that discussion of Medieval Europe “is invariably understood as a period of unmitigated darkness–so much so that words like “feudal” are used today, even by many well-informed Catholics, as synonyms for backwardness.” How the West Won seeks to analyze as well as mon misunderstandings and myths about how the West developed. Stark begins his argument...
A Christian Defense of Fracking
Fracking is a slang term for hydraulic fracturing, a procedure of creating fractures in rocks and rock formations by injecting fluid into cracks to force them further open. The larger fissures allow more oil and gas to flow out of the formation and into the wellbore, from where it can be extracted. Fracking has resulted in many oil and gas wells attaining a state of economic viability, due to the level of extraction that can be reached. Fracking has been...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved