Wow! Between the historic Dutch court ruling on Shell, and the Exxon and Chevron shareholder meetings, May 26th was a really big day for Big Oil. In addition to the ousted board members at Exxon, and an incredible 61% vote on cutting climate emissions at Chevron, Newground had 2 governance proposals on the Chevron proxy to address climate, rainforest pollution, and human rights.
As I survey the landscape the morning after, and as millions of votes are still being counted, I see five points of optimism – Van Jones
Of all America’s companies that have even rudimentary policies on political spending, Nike’s is – frankly – the worst we have seen. It’s language is so contorted that the company could engage in active, undisclosed, Dark Money spending in 49 states while only disclosing about one state.
Full text of the shareholder proposal on disclosure of political spending, filed by Newground Social Investment on April 11, 2020 for presentation at the 2020 annual meeting of Nike ($NKE) on September 17 in Beaverton, Oregon.
