As part of an active shareholder advocacy program, Mercy Investment Services, along with other socially responsible investors, participates in corporate dialogues with numerous companies. In some cases, investors choose to file a shareholder resolution to raise awareness of an issue and ask for change within a company. During the 2011 filing season, Mercy Investment Services participated in the following resolutions. Resolutions in which Mercy Investment Services is the lead filer are noted in bold. FOr information on why we withdraw resolutions, click here.
| Company | Topic |
Resolution text |
Action | Status |
| Boeing | human rights |
Review Boeing's policies related to human rights to assess areas where the company needs to adopt and implement additional policies and to report its findings within six months |
filed | excluded by SEC; dialogue |
| BP |
environmental sustainability |
The board to review the current risk assessment and risk management plans and report to shareholders |
withheld |
dialogues with BP safety staff and board chair in 2011 |
|
human rights |
Review Caterpillar's policies related to human rights that guide international and U.S. operations, extending policies to include franchisees, licensees and agents that market, distribute or sell its products, to conform more fully with international human rights and humanitarian standards, and that a summary of this review be posted on Caterpillar's website by October 2011 |
filed | 25.2% vote | |
| country selection criteria |
Board to make available, by the 2012 annual meeting, a report, omitting proprietary information and at reasonable cost, on Chevron's criteria for (i) investment in; (ii) continued operations in; and, (iii) withdrawal from specific high-risk countries, including Burma |
filed | 23.94% vote | |
| human rights |
Review its policies related to human rights to assess areas where the company needs to adopt and implement additional policies and to report its findings |
filed | withdrawn; dialogues planned | |
| Delta | human trafficking |
Adopt a human rights policy including prohibition of sexual exploitation of minors and to report its findings |
filed |
withdrawn since Delta signed ECPAT's Code |
| EOG | political contributions |
Policies and procedures for political contributions and expenditures. Monetary and non-monetary contributions and expenditures used to participate or intervene in any political campaign |
filed | 28.9% vote |
| environmental sustainability |
Adopt quantitative goals, based on current technologies for reducing greenhouse gas emissions from the company's products and operations and report its plan to achieve these goals |
filed | 26.5% vote | |
| FedEx | human rights |
Review policies related to human rights to assess areas where FedEx needs to adopt and implement additional policies and to report findings |
filed |
withdrawn; company requested SEC to exclude; dialogues on human rights underway |
| The GEO Group | human rights |
Review policies related to human rights to assess areas where The GEO Group must adopt and implement additional policies and report findings |
filed | withdrawn; dialogues planned |
| General Dynamics | human rights |
Review policies related to human rights to assess areas where General Dynamics needs to adopt and implement additional policies and to report its findings |
filed | 20.34% vote |
| Halliburton | human rights |
Review its policies related to human rights to assess areas where the company needs to adopt and implement additional policies and to report its findings |
filed |
36.15% vote; dialogue underway |
| ITT | human rights |
Board to amend ITT's policies related to human rights that guide its international and U.S. operations to conform more fully with international human rights and humanitarian standards |
filed | 6.91% vote |
| J.P. Morgan | loan servicing |
Oversee development and enforcement of policies to ensure that the same loan modification methods for similar loan types are applied uniformly to both loans owned by the corporation and those serviced for others, subject to valid constraints of pooling and servicing agreements, and report policies and results |
filed |
7.04% vote after company lost SEC challenge; dialogue underway |
| KBR | human rights |
Review policies related to human rights to assess areas where KBR needs to adopt and implement additional policies and to report its findings |
filed |
withdrawn; dialogues underway |
| Lockheed Martin | human rights |
Review policies related to human rights to assess areas where Lockheed Martin needs to adopt and implement additional policies and to report its findings |
filed | withdrawn |
| Massey Energy | environmental sustainability |
Board report on the company's progress in implementing the reforms required under the EPA settlement and the commitments stated in its CSR Report, including the key performance indicators established; disclosure of actual performance material water data; all Clean Water Act violations; progress in reducing water usage |
filed |
withdrawn due to company acquisition |
| McDonald's | food nutrition/childhood obesity |
Issue a report assessing the company's policy responses to public concerns regarding linkages of fast food to childhood obesity, diet-related diseases and other impacts on children's health |
filed | 7.21% vote |
| political contributions |
Company to provide a detailed report, updated semi-annually, disclosing its monetary and non-monetary contributions and expenditures (direct and indirect) used to participate or intervene in any political campaign on behalf of (or in opposition to) any candidate for public office |
filed | 38.07% vote | |
| human rights |
Review policies related to human rights to assess areas where the company needs to adopt and implement additional policies and to report its findings |
filed | 43.21% vote | |
| Pfizer | pharmacy price restraint |
Implement a policy of price restraint on branded pharmaceuticals |
filed | 2.7% vote |
| Raytheon | human rights |
Review policies related to human rights to assess areas where Raytheon needs to adopt and implement additional policies and to report its findings |
filed | withdrawn; dialogues planned |
| United Technologies | human rights |
Management to develop and implement key performance indicators to demonstrate commitment to UTC's human rights policy and to report progress |
filed | withdrawn; dialogue held |
