1. Global strategies
  2. Promoting environmental shareholder activism

Promoting environmental shareholder activism

Implementation

At their anual meeting in April 1999, thirteen percent of Occidental Petroleum shareholders, totaling over 40,000,000 shares, voted in favor of a resolution presented at the annual shareholder meeting to carry out an analysis of the risks associated with an oil project planned for U'wa people's land in the Colombian rainforest. The resolution, introduced by the Sinisawa Domican sisters, was endorsed by shareholders that own some $800,000,000 worth of Oxy stock.

In 1999 three percent of McDonalds shareholders voted in favor of eliminating styrofoam packaging, and the company took action. Also, some ten percent of Sun Oil shareholders voted to have the company adopt the strict environmental guidelines for its operations, and today Sun has put in place such standards.

Broader

Activism
Presentable

Narrower

Facilitates

Facilitated by

Related

SDG

Sustainable Development Goal #15: Life on Land

Metadata

Database
Global strategies
Type
(E) Emanations of other strategies
Subject
  • Communication » Promotion
  • Commerce » Investment
  • Environment » Environment
  • Content quality
    Yet to rate
     Yet to rate
    Language
    English
    Last update
    Dec 3, 2024