Skip to content
 
Chevron (CVX), ConocoPhillips (COP) Proxy Voting on Human Rights E-mail
Written by Miranda Marquit   
Friday, 09 May 2008

Sudan/Darfur has brought human rights issues to the forefront in proxy voting.
Darfur
Photo:Genocide Intervention Network, Creative Commons, Flickr

Springtime is proxy voting season and this year one of the newest issues is that of human rights. Human rights have been brought to the forefront by the events in Sudan/Darfur and many socially conscious investors are concerned that companies that they invest in may, in turn, be investing in foreign companies and governments that have dismal human rights records. One example includes companies that invest in PetroChina (PTR), a company that plays a big role in funding the Sudanese government through the oil industry.

This year, votes in Big Oil companies Chevron (CVX) -- on May 28 -- and ConocoPhillips (COP) -- on May 14 -- are going to include proposals on human rights. These proposals encourage reports on investments being made, as well as force the companies to change their policies to include human rights when determining investments. Even Halliburton (HAL) is looking at a human rights report proposal on May 21.

Financial companies are also seeing these proposals. JPMorgan Chase (JPM) has vote on this issue on May 20.

Disclosure: I do not own stock in any of the companies listed above.

Site disclaimer.
Big Oil  COP  CVX  Human Rights  JPM  Miranda Marquit  PTR  Shareholder Activism 

Comments (0)add
Write comment

security image
Write the displayed characters


busy
Tag it:
YahooBuzz
Stumble
Facebook
Digg
Delicious
Technorati
YahooMyWeb
Digg
Hugg
Reddit
Spurl

Miranda Marquit
About the author:
Miranda is journalistically trained freelance writer who enjoys working out of her home nestled in the beautiful Cache Valley in Utah.
Read More >>
Last Updated ( Sunday, 18 May 2008 )
 
< Prev   Next >
 

Related Items


Top

Members