Friday, February 25, 2011

US shareholders question companies on use of BPA

Chemical Watch "Another resolution has been proposed for resubmission to Coca Cola after it received 21.9% investor support last year. It calls on the company to update investors on 'how it is responding to the public policy challenges associated with BPA, including summarising what the company is doing to maintain its position of leadership and public trust on this issue, the company’s role in adopting or encouraging development of alternatives to BPA in can linings, and any material risks to the company’s market share or reputation in staying the course with continued use of BPA.'"

As You Sow reports a record-breaking year in 2010 when "nearly one-fifth of all investors supported calls for more disclosure and action on social environmental at US companies" adding that "the stage is set for more of the same in spring 2011".

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