Ceres is a coalition of over 80 investor, environmental and public interest organizations united to advance corporate responsibility.
I had never heard of them but I find it pretty cool that there is a coalition this big of responsible investors that is focused on changing securities laws and pushing corporations towards being responsible:
The institutional/financial professional sign-on statement at www.SaveShareholderRights.org spells out specific concerns: "The SEC has issued three specific proposals which we believe would eliminate or cripple the resolution process. We cannot support the following proposals: (1) the 'opt-out' option that would allow the most unresponsive companies -- those with the worst records when it comes to good corporate conduct and governance -- to drop out of the shareholder resolution process and isolate themselves further from their shareholders; (2) the unilateral substitution of the electronic petition model or 'chat room' for the vibrant and public 14a-8 shareholder resolution process; and (3) the raising of shareholder resolution resubmission levels from the current 3%, 6% and 10% vote levels to 10%, 15% and 20% levels, thus effectively killing many important shareholder resolutions."
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The Social Investment Forum (http://www.socialinvest.org) is the national membership association for the social investment industry. It is dedicated to the concept, practice, and growth of socially responsible investing. The Forum's 500-plus members include financial planners, banks, mutual fund companies, research companies, foundations, and community investing institutions.
The Interfaith Center on Corporate Responsibility (http://www.iccr.org) is a coalition of nearly 300 faith-based institutional investors, representing over $100 billion in invested capital. ICCR members bridge the divide between morality and markets by envisioning a civic economy that integrates ethical, environmental and social values. Inspired by faith, committed to action, ICCR members work to build a just and sustainable global community.
Ceres is a leading coalition of investors, environmental groups and other public interest organizations working with companies to address sustainability challenges such as climate change. Ceres also directs the Investor Network on Climate Risk, a network of 60 institutional investors managing $4 trillion in assets focused on the business impacts of climate change. For more information, visit http://www.ceres.org
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