Periodically investor groups coordinate public statements or letters in support of various initiatives or policies related to sustainability, environmental, social and governance (ESG) issues, and other materials investment considerations. The Intentional Endowments Network shares these statements here as opportunities for endowments to add their names and offer support, at their own discretion. If you have any questions, please contact us and we can connect you with the organizer(s) of the statements.
Call for Co-Filers -- Forced Arbitration Use at Tesla
Deadline: April 15, 2021
Nia Impact Capital is seeking co-filers for shareholder resolution at Tesla (attached), calling on the company's Board to study its requirement that employees arbitrate harassment and discrimination disputes. Last year, the resolution received a 27% vote and was supported by ISS and Glass Lewis. To co-file, please be sure to list Nia Impact Capital as the lead filer and give it the authorization to withdraw on your behalf. Filing letters should be sent to Tesla, Inc., 3500 Deer Creek Road, Palo Alto, California 94304, Attention: Legal Department with a copy via e-mail to [email protected]. Learn more on the resolution here
Sign-on Investor Policy Recommendations Letter to President Biden
Deadline: January 25, 2021
The incoming Administration presents an opportunity to accelerate the growth of sustainable finance and stakeholder capitalism and address significant issues facing the country. US SIF has talked about these recommendations with members of the Biden-Harris transition team and is also focusing on incoming appointees. US SIF invites you to sign a letter encouraging the adoption of our recommendations. We will utilize this letter over the next several months as we reach out to members of the Biden Administration after the inauguration day on January 20. Deadline: January 19. Read the letter and sign on here. Contact Bryan McGannon with any questions.
Sign-on Letter to Support Shareholder Activism at Exxon.
For many years, Exxon has ignored both the desires of its key stakeholders and the financial risks and opportunities of the transition happening in energy markets toward cleaner, more sustainable forms of energy. As You Sow is working to help form a coalition of stakeholders to weigh in on the actual (and rumored) shareholder activism at ExxonMobil to promote capital disciple and address climate change. Please sign the form at this link to join the coalition.
Statement: Investor statement on sustainable protein supply chains
The FAIRR Initiative invites investors to join this collaborative engagement, which will ask 25 global food retailers and manufacturers to set time-bound commitments to grow the share of nutritious plant-based and alternative proteins in their portfolios, and moderate consumption of animal-based ingredients. This initiative's mission is to enable a transition to healthy and sustainable diets. Companies targeted in the engagement include Conagra, Costco, General Mills, Kraft Heinz, Kroger, Nestle, Unilever and Walmart. The engagement is open to all FAIRR members. To join FAIRR, please contact [email protected] Sign on to the investor statement here.
Statement: Investor statement regarding BlackRock's proxy voting record
Change Finance has facilitated a statement requesting BlackRock change its Proxy Voting Guidelines to increase support of "climate-critical" shareholder resolutions. Currently there is a large disparity between CEO Larry Fink's public statements and BlackRock's support of climate-related shareholder resolutions. This statement asks BlackRock to review and remedy these proxy voting policies. Read the investor statement, sign on, and support the petition.
Statement: Investor statement regarding the need for corporate workplace equity transparency
As You Sow has facilitated a statement focused on investors' needs for greater reporting of key data on diversity and inclusion efforts. This would allow investors to assess and compare the effectiveness of companies' workplace equity programs. View the current signatory list and sign on.
Statement: Investor Statement on Religious Coexistence
Deadline: November 30, 2020
JLens, a faith-based investor that serves as the bridge between the Jewish community and the global responsible investing area, recently released a statement calling for greater religious tolerance. According to the FBI, hate crimes motivated by religious bias or prejudice recently reached a 15-year high. Corporations have an important role to play within their workforce, in their local communities, and across their products and services in promoting religious coexistence and combating bigotry and discrimination against religious minorities. This statement requests that companies incorporate religious coexistence best practices into DEI policies. Read the statement and sign on to signal your support.
Racial Justice Related Opportunities
Statement: Investors release statement of solidarity and call to action to address systemic racism
A group of investors from the Racial Justice Investing (RJI) Coalition have released a statement of solidarity and call to action to address systemic racism. The statement acknowledges the roots of systemic racism and the responsibilities of the investment community, and identifies specific strategies our community can use to dismantle systemic racism. Read the full statement and sign on to signal your support.
Investor Racial Equity Pledge: Call for IEN members to sign on to the 2020 Belonging Pledge – A commitment to advance racial equity
IEN is pleased to partner with Confluence Philanthropy to support the 2020 Belonging Pledge. In response to another brutal death at the hands of police officers that set off a wave of protests and civil unrest, IEN encourages endowments and investors to commit to this pledge to put racial equity on your investment committee agenda this summer. If you would like to sign onto the pledge, please email us at [email protected].
Due Diligence 2.0
Join asset owners, consultants, and financial intermediaries to commit to moving your capital to BIPOC managers. Sign on here.
Join other endowments in increasing the assets under management for people of color and women owned firms through disclosure and working with your investment consultants and managers. Make the pledge here.
COVID-19 Related Opportunities
Statement: Investor statement to the business community on coronavirus response
In the face of this global pandemic, we are all confronting considerable challenges, from our families and communities to our livelihoods and portfolios. Join other responsible investors in urging the business community to stand with us and take bold action to mitigate the worst threats to our society and markets. Read the full statement and sign on.
Statement: Recommendations for the meat sector during COVID-19
As meatpacking and poultry processing plants have emerged as hot spots for COVID-19, this sign on opportunity urges companies to put in place and monitor several recommendations to protect these workers. Read the full statement and sign on.
UPDATE to Rule 14a-8: SEC poised to enact regulations limiting shareholder rights in Spring 2020
IEN calls for its members to submit a letter to the Securities and Exchange Commission (SEC) or members of Congress urging the SEC to not move forward with voting on the controversial proposed regulations limiting shareholder rights, especially during a time of market uncertainty due to the COVID-19 crisis.
Vanessa A. Countryman: Secretary, U.S. Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090, with reference to File No. S7-23-19
Members of Congress: Send letter to your Congressional Representatives. If you have someone who represents you on the Senate Banking Committee or the House Financial Services, please make sure to share letter with them.
Your Stake Petitions
Yourstake.org lists several active petitions for shareholders to engage with the companies in which they invest. Petitions address issues on equal opportunity, accountability, environmental responsibility, health, and human rights. View current petitions and sign on.
2020 Proxy Resolutions and Voting Guides
The 2020 corporate annual general meeting season has begun, and that means it's time to vote your proxy ballots. Votes in favor of shareholder resolutions in the double digits are very successful in focusing management and investor attention on issues. You can learn more about the shareholder resolutions process here. You can find resolution and voting guides for the 2020 season listed below.
In February 2019, higher education leaders announced a Call to Action: Guiding Principles for Accelerating Equitable and Just Climate Solutions in response to the recent scientific reports that strongly advise unprecedented action in the next decade to avoid the worst impacts of climate change. Institutions are signaling for ambitious cross-sector climate solutions that advance just and equitable sustainability practices on campuses and their surrounding communities.
Developed in coordination with presidents, chancellors, and trustees from higher education institutions of the Climate Leadership Network, the joint declaration took place at the 2019 Higher Education Climate Leadership Summit, an annual event hosted by Second Nature and the Intentional Endowments Network (IEN). The call provides nine guiding principles for higher education institutions to accelerate climate leadership with socially inclusive initiatives and innovative cross-sector partnerships.
Presidents, Chancellors, Trustees, and others with authority to sign on behalf of the institution are invited to do so via the Online Sign-On Form.
PRI invites investors to sign on to a statement committing to support a just transition on climate change. Investors can make an important contribution as stewards of assets, allocators of capital and as influential voices in public policy to make sure that the transition produces inclusive and sustainable development
* Please visit the past sign-on opportunities page to review older letters and statements, and the endowment signatories.