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.