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Investor Groups Balk at Oil Companies' Support of Prop. 23
Oct 13, 2010
Institutional investor groups concerned about corporate funding of political campaigns are expected to announce shareholder resolutions Wednesday that will challenge three energy firms making big-dollar contributions to halt California's landmark law limiting greenhouse gas emissions.
Fidelity Records First "Green" Proxy Votes
Oct 08, 2010
Four mutual funds at Fidelity Investments recently backed an environmentalist proxy proposal for the first time on record. "This is a tiny symbolic gesture on their part, but one in the right direction," said Rob Berridge, senior manager at Ceres.