ShareAction

Tesco PLC is the first retailer to be challenged with a shareholder resolution on health grounds.A coalition of institutional and retail investors, including Jesuits in Britain, have filed the first ever health-based shareholder resolution at a retail company, calling on the UK’s largest food retailer to disclose targets for increasing the proportion of healthy products in its sales.Brother Stephen Power SJ, who manages Jesuits in Britain's ethical investment strategy, said...
Brother Stephen Power SJ, Chair of the Management Board for Jesuit Missions and Manager of the Jesuits in Britain’s ethical investment strategy, is working with a diverse group of 14 other institutional investors backing ShareAction’s call for HSBC to reduce its exposure to fossil fuels.Fifteen institutional investors, with a combined US $2.4 trillion in assets under management, have filed a climate change resolution at HSBC. The resolution, co-ordinated by responsible investment NGO ...