US investor-focused non-profit As You Sow has partnered with Tulipshare, a UK-based activist retail investment platform. The strategic partnership is intended to enable investors to more effectively utilise their shareholder power to support resolutions on climate, racial justice and other issues during this proxy season. By partnering with Tulipshare retail investors will be able to vote on As You Sow resolutions at companies including McDonalds, Exxon, Facebook and Amazon, as well as allowing As You Sow to spread their message further amongst retail investors in the UK. Andrew Behar, As You Sow’s CEO, said: “Partnering with Tulipshare enables us to reach beyond just institutions and engage on a grassroots level at a global scale. The power of individual shareholders to move their companies to create long-term value and reduce negative impact is enormous.” As You Sow submitted 90 resolutions to on environmental and social issues at companies including Amazon, Phillips66, Chubb Insurance in the 2022 proxy season. Of those, 60% reached agreements prior to the AGM, and were withdrawn when the company agreed to terms. As You Sow resolutions have so far received shareholder votes worth more than US$1 trillion in market value.
New Partnership Combines Voting Power of Retail and Institutional Investors
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