Religion & Liberty Online Archives

News and Events

June 12, 2015

Corporate God-Flies Fail Miserably on 2015 Proxy Resolutions

The Manhattan Institute’s latest Proxy Monitor hit laptops this week, revealing the nature and source of the 2015 proxy resolutions. It seems the corporate “God-flies” at religious shareholder organizations such as As You Sow and the Interfaith Center on Corporate Responsibility account for 29 percent of all shareholder resolutions submitted to the nation’s top 250 publically traded companies. Continue Reading...
June 02, 2015

Father Crosby and ‘Losing Money on Purpose’

Shareholder resolutions intended to force Exxon Mobil Corp. and Chevron Corp. to adopt greenhouse gas reduction goals and name environmental experts (i.e. any scientist who believes human activity causes climate change) to their respective board of directors were defeated last week. Continue Reading...
June 01, 2015

Religious Activists Hype More Failed Shareholder Measures

The religious shareholders of As You Sow and Calvert Investments are heralding last month’s shareholder vote on greenhouse gas reduction targets as an out-and-out victory. Ummmm … not so fast. Although the press release on the AYS website trumpets: “Shareholders Vote for Greenhouse Gas Reductions at Midwest Utilities,” the facts tell a much different story. Continue Reading...
May 21, 2015

‘Advocacy Investors’ Are Activist Wolves in Sheep’s Clothing

Over at GreenBiz last week, reporter Keith Larson profiled Andrew Behar, chief executive officer of shareholder activist group As You Sow. In the article, Behar attempts to rebrand AYS activities as “advocacy investment.”  For some capital market watchers, the term “activist investor” may bring to mind corporate raiders such as Carl Icahn or Bill Ackman. Continue Reading...
May 15, 2015

Religious Shareholders at the Climate-Change Dance

It’s prom season, the time of year when plenty of high school kids eagerly anticipate an invitation to the year’s biggest formal event. It’s no different for the member organizations of religious shareholder activist groups As You Sow and the Interfaith Center on Corporate Responsibility. Continue Reading...
April 29, 2015

François Michelin — The Anti-Gordon Gekko

François Michelin (1926-2015), former leader of the the world’s second-largest tire maker, died early today at the age of 88. Michelin was actively involved in the French tire company, Group Michelin, until 2002, driving unprecedented growth for the company. Continue Reading...
April 28, 2015

Chalk Art For The Life of the World

In his review of the Acton Institute’s film series, For the Life of the World: Letters to the Exiles, Andy Crouch noted its artistic merits, observing how well it conveyed “deeply Christian themes in widely accessible ways.” Continue Reading...