Friday, July 8, 2011

Shareholder Activism Moved the Needle on Sustainability in 2011

A record number of shareholder resolutions were filed over the past year, calling for companies to be more responsible in handling corporate sustainability challenges. The net response to these actions was surprisingly positive, and some companies chose to engage on issues before votes were taken -- illustrating the growing impact of the strategy as well as a dawning realization by shareholders of the power they can wield.

As signatories to the UN principles for Responsible Investment, Boardwalk Capital has committed to being "active owners". We plan to publicly disclose all shareholder/company engagements via our Twitter feed: Boardwalk_SRI. And to promote cooperation among investors, we plan to post our corporate research and sustainability assessments on the web for all to see.

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