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When you become a shareholder, you join a community of tens of thousands of investors whose voice is heard by corporations on a variety of social, environmental, and corporate governance issues

When you become a Domini Funds shareholder, you join a community of tens of thousands of investors whose voice is heard by corporations on a variety of social, environmental, and corporate governance issues. Shareholder activism, expressed through direct dialogue with corporations in our portfolios and through the filing of shareholder resolutions, helps guide corporations toward fairness and sustainability. It lies at the heart of what we believe socially responsible investing is all about.

 

This approach has produced some exciting results. Initiatives like these are taking place because the voices of shareholders like you have been heard:

 

·         Fair Trade coffee: Procter & Gamble began to sell Fair Trade Certified® coffee after an intensive dialogue co-led by Domini. The Fair Trade certification system helps to alleviate poverty and hardship by guaranteeing farmers a minimum price per pound for their crop, and by supporting democratically managed cooperatives and more environmentally sound farming techniques.

 

·         Global labor standards: Gap Inc. released its first Social Responsibility Report after two years of dialogue with Domini and other socially responsible investors. Gap became the first clothing retailer to publicly rate the way its contractors treat their workers, and set new standards of transparency for its industry. 

 

·         Ongoing dialogue: Domini continues to communicate with the companies in our portfolio on issues including product safety, gay and lesbian rights, sustainability reporting, and corporate political contributions.

 

Shareholder Resolutions: 1994-present

 

The following chart contains a list of all shareholder resolutions filed by Domini Social Investments from 1994 to the present. We frequently collaborate on these filings with other investment firms, as well as public and private pension funds and foundations. In the chart below, we list under “lead filer” the filings in which Domini played the main role. Under “co-filer,” we list proposals for which another investor took the lead.

 

 

Company

Issue

Vote

2008

Lead filer:

American Express

Political contributions

Withdrawn

AT&T

Political contributions

32%

Becton Dickinson

Brominated flame retardants

36.1%

Best Buy

Sustainable forestry

Withdrawn

Cummins

Union relations

16.4%

Home Depot

Sustainable forestry

Withdrawn

International Paper

Sustainable forestry

5.3% (preliminary)

J.C. Penney

Product safety: PVC

Withdrawn

Lowe’s

Sustainable forestry

Withdrawn

Nucor

Slavery

Withdrawn

RR Donnelley

Sustainable forestry

Pending

Xerox

Supply chain labor standards

Pending

Co-filer:

Avon Products

Product safety: nanomaterials

25%

Colgate-Palmolive

Product safety: nanomaterials

Withdrawn

Cooper Industries

Human rights policy

Pending

JetBlue

Sustainability reporting

Withdrawn

MeadWestvaco

Sustainable forestry

Withdrawn

Pulte

Global warming

22.9%

Southwest Airlines

Sustainability reporting

Pending

TimeWarner

Separation of chair and CEO

43%

2007

Lead filer:

AT&T

Political contributions

13.3%

Becton Dickinson

Brominated flame retardants

36.1%

BellSouth

Political contributions

Acquired by AT&T

CVS

Climate change report

Withdrawn

EOG Resources

Climate change report

Withdrawn

Kimberly-Clark

Sustainable forestry

8.1%; Dialogue

Lowe’s

Sustainable forestry reporting

5.7%

Procter & Gamble

Sustainable forestry

Resolution withdrawn

Verizon

Political contributions disclosure

Withdrawn

Wendy’s

Sustainability reporting

33.1%

Xerox

Global labor standards

9.1%

Co-filer:

Anadarko

Climate change report

Withdrawn

Cisco Systems

Internet censorship

36%

Coca-Cola

Recycling

Withdrawn

Cooper Industries

Human rights policies

12.4%

FirstGroup plc (UK)

Global labor standards

10%

Hewlett-Packard

Political contributions

Withdrawn

Home Depot

Diversity reporting

26%

Wells Fargo

Climate change report

Withdrawn

2006

Lead filer:

Apple

Vendor standards

Withdrawn

AT&T

Political contributions

15.2%

Avon

Toxics policy report

4.8%

BellSouth

Political contributions

12.1%

Becton Dickinson

Brominated flame retardants

8.7%

Devon Energy

Climate change report

Withdrawn

Emerson Electric

Sexual orientation nondiscrimination

Withdrawn

Kimberly-Clark

Forestry report

8.2%

Limited Brands

Forestry report

Withdrawn

Lowe’s

Forestry report

7%

Monster Worldwide

Board diversity

9.7%

Verizon

Political contributions

33.4%

Wendy’s

Sustainability reporting

38.2%

Co-filer:

Anadarko

Climate change

Withdrawn

Chubb

Sustainability report

Withdrawn

Cisco Systems

Internet censorship

29%

Cooper Industries

Human rights policy

SEC omitted

Home Depot

EEO Disclosure

36%

Illinois Tool Works

Sustainability reporting

Withdrawn

PepsiCo

Recycling

Withdrawn

2005

Lead filer:

Apple

Vendor standards

Withdrawn

AT&T

Executive pension benefits

29.4%

Avon

Product safety

4.8%

BellSouth

Political contributions

12.2%

Emerson Electric

Sexual orientation nondiscrimination

34.7%

PepsiAmericas

Recycling

4%

SBC Communications

Political contributions

12.5%

Verizon

Political contributions

14.9%

Wendy’s

Sustainability reporting

Withdrawn

Co-filer:

Amgen

EEO disclosure

Withdrawn

Anadarko

Climate change

Withdrawn

Apache

Climate change

Withdrawn

Cisco Systems

Human rights policy

13%

Costco

Land procurement

4.8%

Dana

Sexual orientation nondiscrimination

Withdrawn

Home Depot

EEO disclosure

30%

Merck

Political contributions

8.8%

PepsiCo

Recycling

Withdrawn

2004

Lead filer:

AT&T

Executive compensation

Withdrawn

Avon Products

Parabens phaseout

8.7%

Costco Wholesale

Antibribery policy

SEC Omitted

Devon

Climate change

Withdrawn

Lowe’s

GRI report

SEC Omitted

Masco

Sexual orientation nondiscrimination

Withdrawn

NiSource

Sexual orientation nondiscrimination

Withdrawn

OGE Energy

Sexual orientation nondiscrimination

Withdrawn

Oxford Health Plans

Tobacco divestment

Withdrawn

PepsiAmericas

Recycling

5.4%

Target

Sustainability reporting

Withdrawn

Time Warner

Political contributions

Withdrawn

Tribune

Political contributions

Withdrawn

Co-filer:

Amgen

EEO disclosure

14%

Anadarko

Climate change

28%

Apache

Climate change

37%

Chubb

Climate change

SEC Omitted

Cooper Industries

Sustainability reporting

29%

Cisco

Pay disparity

11%

Intel

Water use

Withdrawn

J.P. Morgan Chase

Environmental issues

Withdrawn

Merck

Political contributions

10.4%

2003

Lead filer:

AT&T

Employee pension plan conversion

8.6%

Avon Products

Parabens phaseout

6.2%

Oxford Health Plans

Tobacco divestment

10.4%

PepsiCo

Recycling

SEC Omitted

Procter & Gamble

Coffee crisis report

Withdrawn

Co-filer:

Cintas

Vendor standards

8.4%

Cisco

Pay disparity

9.1%

Cooper Industries

Sustainability report

44%

Coca-Cola

Recycling

SEC Omitted

Emerson

Sexual orientation policy

10%

Illinois Tool Works

EEO disclosure

Withdrawn

Marsh & McLennan

Embedded climate risk

Withdrawn

Microsoft

GRI report

Withdrawn

Sears

Vendor standards

Withdrawn

Federal Express

Sexual orientation policy

Withdrawn

2002

Lead filer:

AT&T

Employee pension plan conversion

10%

Gap

Vendor standards report

Withdrawn

H.B. Fuller

Sales of adhesives to tobacco industry

Withdrawn

Co-filer:

Coca-Cola

Report on beverage container recycling goals

4.2%

Cooper Industries

Sustainability report

21.9%

Emerson Electric

Sexual orientation nondiscrimination

10.2%

Household Int’l

Link executive pay to predatory lending performance

27.0%

Johnson & Johnson

Global corporate standards

Withdrawn

PepsiCo

Recycling policy

9.4%

Sears, Roebuck

Vendor standards