Home
/
RELIGION & LIBERTY ONLINE
/
Shareholder Activists Step-Up Leftist Resolutions for 2016
Shareholder Activists Step-Up Leftist Resolutions for 2016
Jan 10, 2026 11:43 PM

Previously this week, The Wall Street Journal presented a list of “7 Things Investors Should Be Watching for a 2016 Unfolds.” While there’s much in Michael A. Pollock’s article to mend it to readers who might’ve missed it, there’s also one significant omission – Number Eight, if you will: A Rise in Proxy Resolutions by Religious Shareholder Activists.

Shortly after reading the WSJ article, your writer received an email from the Interfaith Center on Corporate Responsibility, the “corporate God-flies” who mask an actual leftist political agenda with their supposed faith-based concerns over social issues related to climate change and corporate spending on lobbying and politics. ICCR’s email announces the group’s increased efforts to stymie the best interests of panies in which they invest in 2016 – without mentioning how their activities also negatively impact fellow shareholders as well pany customers and employees. Yet ICCR is undeterred in its efforts in a year thus far beset upon by great economic uncertainty and volatility:

Shareholder proposals on climate change and corporate lobbying and political spending head the list of 257 resolutions filed by ICCR members at panies in the 2016 proxy season. Over one-third of total proposals this year are climate-related, including those related to corporate lobbying, revealing how climate change is viewed as a major risk for investors and engagements on panies are mitigating these risks are taking on greater importance.

And this:

ICCR members filed a record 91 resolutions addressing climate change this year, more than any other time in their history. Fifty-two of these dealt primarily with climate change, while an additional 39 addressed climate change indirectly via other strategies including governance, deforestation and recycling.

And this:

During the most expensive presidential campaign in history, ICCR members filed 62 resolutions requesting disclosures around corporations’ use of funds to support lobbying and political activities – including spending through PACs and trade associations seeking to undermine climate change regulation.

And, finally:

Aye yi-yi. I doubt it’d do any good, but perhaps the ICCR and its religious shareholder activist cohorts over at As You Sow should read of the perils facing investors this year as noted by Pollock:

If January signaled what the stock market is going to be like in 2016, fund investors could face a gut-wrenching year.

Worries about China and the global economy, a surging dollar and oil’s collapse helped send the S&P 500 index down 5.07% in January, the market’s worst performance for that month since the 2009 financial crisis. The poor start came after the index’s six-year winning streak ended in 2015. What’s more, stocks may not have seen the lows for this correction yet, money managers caution.

Pollack continues: “It can be scary to own stocks when markets are gyrating.” Even scarier when ICCR and its religious, progressive cohorts undermine businesses from within at the same time they face mounting economic turmoil from without, especially when the social issues they promote haven’t garnered any traction in the past nine proxy shareholder seasons. According to the Manhattan Institute’s James R. Copland, “not a single [2015] social-policy-related shareholder proposal has received the support of a majority of shareholders over board opposition.”

And yet, the efforts of ICCR and AYS continue to pany board members and shareholders from the core functions of their respective businesses. Not because any of their efforts stem from any legitimate religious concern, but only from leftist political ideology.

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
PBR: Cinematic Christians
No, conservative and Christian are not synonymous, but in the context of the cultural impact of Hollywood, there’s a lot of overlap. For Christians interested in engaging this field by pursuing both technical and moral excellence, there is an outstanding organization called Act One. ...
Acton Commentary: A Racist Recession?
What’s behind the extremely high unemployment rates in munities? Anthony Bradley traces the root of the problem to declining educational achievement. “Sadly, because of America’s exploding government program menu, the virtue of ‘getting an education’ has all but been eliminated in e black neighborhoods,” he writes. Read mentary at the Acton Institute website and share your thoughts below. ...
PBR: Film and the Felix culpa
We e guest blogger Bruce Edward Walker, Communications Manager for the Property Rights Network at the Mackinac Center for Public Policy. This week’s PBR question is: “How should conservatives engage Hollywood?” It is true that liberal depictions of dissolute and immoral behavior are rampant in modern cinema and justified as the desired end of hedonistic tendencies, but conservative critics too e across as cultural scolds, vilifying films and filmmakers for not portraying reality as conservatives would like to see it....
PBR: Enterprise and Interdependence
It is our pleasure to e guest ramblings on the PowerBlog, and we are happy to feature this contribution from Catherine Claire Larson, author of As We Forgive, the subject of this week’s PBR question. I wasn’t able to include it all in my book, but I’ve been greatly impressed by the groups which are wedding reconciliation work with micro-enterprise. World Relief has an essential oil business that is enabling Hutu and Tutsi to work in munity, Indego has their...
World Malaria Day, Bishop John and the P.E.A.C.E. Plan
And if bed nets or any other foreign interventions are to do significant and lasting good, charitable enterprises will need to rediscover the importance of subsidiarity, of humans on the ground in relationship with other human beings, as opposed to government-to-government aid transfers that often do more harm than good. One person who speaks forcefully to this issue is Rwandan Anglican Bishop John Rucyahana … Read More… Saturday is World Malaria Day, which each year draws attention to the scourge...
PBR: Conservatives and Hollywood
One of the more interesting discussions at last week’s Heritage Foundation Resource Bank meeting in Los Angeles was the “Hollywood Conversations” session with screenwriter and novelist Andrew Klavan and Lionel Chetwynd, a writer, producer and director. Both men pleaded with the gathering of conservatives — social, political, economic — to stop beating up on Hollywood ad nauseam and to do more to support good work by conservatives. Here’s the gist of the argument from a recent Klavan interview on Big...
Arthur C. Brooks: Time For An ‘Ethical Populism’
In “The Real Culture War Is Over Capitalism,” Arthur C. Brooks argues in the Wall Street Journal that the “major cultural schism” in America today divides those who support capitalism and, on the other side, those who favor socialism. He makes a strong case for the moral foundations of free enterprise and entrepreneurship and points to the recent “tea parties” as evidence that Americans still favor the market economy. Brooks, the president of the American Enterprise Institute, says Americans are...
Acton Commentary: Social In-Security and the Economic Crisis
“America has been cashing checks on the promise of future Social Security checks, and on the promise of an endlessly robust housing market,” writes Jonathan Witt in mentary this week. “But somewhere along the way, too many of us stopped funding the checking account with its principal asset: young adults who work hard, pay into the Social Security system, and buy homes for the families they themselves intend to raise.” Read mentary at the Acton Institute website and participate in...
PBR: Klavan on a ‘New American Culture’
Writer Andrew Klavan, picking up on a theme he addressed at Heritage Resource Bank, posted an essay titled “Toward A New American Culture” on his Pajamas Media blog, Klavan on the Culture. Excerpt: We need to build a New American Culture, and turn our backs on the culture of the state. We need to stop according respect or credence to reviews and awards that are used as social engineering tools to force the culture into anti-American state worship. We need...
Review: The Unlikely Disciple
Brown University student Kevin Roose has written a largely sympathetic and often amusing outsider’s account on the spiritual lives and struggles of conservative evangelical students at Liberty University. Roose, who took a semester off at Brown, decided to enroll at Liberty posing as an evangelical for his book, The Unlikely Disciple: A Sinner’s Semester at America’s Holiest University. Possibly setting out to write an expose of sorts on Liberty’s quirky Southern Baptist fundamentalism and the students efforts there to gear...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved