{"id":2836,"date":"2008-10-22T15:13:47","date_gmt":"2008-10-22T14:13:47","guid":{"rendered":"http:\/\/www.ethicalquote.com\/index.php\/2008\/10\/22\/ciscos-shareholders-want-answers-on-human-rights\/"},"modified":"2008-10-31T15:18:08","modified_gmt":"2008-10-31T14:18:08","slug":"ciscos-shareholders-want-answers-on-human-rights","status":"publish","type":"post","link":"https:\/\/www.covalence.ch\/index.php\/2008\/10\/22\/ciscos-shareholders-want-answers-on-human-rights\/","title":{"rendered":"Cisco&#8217;s Shareholders Want Answers on Human Rights"},"content":{"rendered":"<p><a href=\"http:\/\/blog.socialrisks.com\/2008\/10\/ciscos-shareholders-want-answers-on.html\" target=\"_blank\" title=\"081031_cisco.jpg\"><img decoding=\"async\" src=\"http:\/\/www.ethicalquote.com\/newTemplate\/wp-content\/uploads\/2008\/10\/081031_cisco.jpg\" title=\"081031_cisco.jpg\" alt=\"081031_cisco.jpg\" align=\"right\" \/><\/a><a href=\"http:\/\/www.harringtoninvestments.com\/\"><span class=\"blsp-spelling-error\" id=\"SPELLING_ERROR_0\">Harington<\/span> Investments<\/a>, with the support of <a href=\"http:\/\/www.bostoncommonasset.com\/\">Boston Common Asset Management<\/a>, has proffered a shareholder resolution that requests <span class=\"blsp-spelling-error\" id=\"SPELLING_ERROR_1\">Cisco<\/span> &#8220;amend the company&#8217;s bylaws to establish a board committee on human rights that is authorized to review the implications of company policies, above and beyond matters of legal compliance, for the human rights of individuals in the United States and worldwide. The shareholder believes that &#8220;the committee would be an effective mechanism for addressing the human rights implications of the company\u2019s activities and policies as they emerge anywhere in the world. In defining \u201chuman rights,\u201d the proponent recommends that the committee use the U.S. Bill of Rights and the United Nations&#8217; Universal Declaration of Human Rights as nonbinding benchmarks or reference documents.&#8221;<a href=\"https:\/\/www.proxygovernance.com\/content\/pgi\/index.jsp\">PROXY Governance<\/a>, a proxy advisory service, frames the issue as a liability issue:\u201cOur general position on human rights-related resolutions is that a company should provide shareholders with reasonable assurance that it has appropriate policies and management practices in place to safeguard long-term shareholder value from potentially material risks, including <span class=\"blsp-spelling-error\" id=\"SPELLING_ERROR_2\">reputational<\/span> or legal liabilities, related to the social impact of its operations.\u201d The firm\u2019s analysis goes on to caution that, \u201cconsidering the level of legislative interest in the matter, and the recent legal action against Yahoo, we are also mindful of the potential legal and liability risks potentially involved.\u201d Image source: blog.socialrisks.com. &gt; <a href=\"http:\/\/blog.socialrisks.com\/2008\/10\/ciscos-shareholders-want-answers-on.html\" target=\"_blank\">Continue<\/a>.<\/p>\n<p>News selected by Covalence <span class=\"LinkBlueTransMedium\">| Country: <\/span>USA, China<span class=\"LinkBlueTransMedium\"> | Company: <\/span><span class=\"LinkBlueTransMedium\"><\/span><a href=\"http:\/\/www.ethicalquote.com\/newTemplate\/index.php\/ethicalquote\/?value=9\">Cisco<\/a><span class=\"LinkBlueTransMedium\"> | <\/span>Source: <a href=\"http:\/\/blog.socialrisks.com\/2008\/10\/ciscos-shareholders-want-answers-on.html\" target=\"_blank\">Social Risks LLC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Harington Investments, with the support of Boston Common Asset Management, has proffered a shareholder resolution that requests Cisco &#8220;amend the company&#8217;s bylaws to establish a board committee on human rights that is authorized to review the implications of company policies, above and beyond matters of legal compliance, for the human rights of individuals in the&hellip;<\/p>\n","protected":false},"author":665,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"wds_primary_category":0,"wds_primary_post_series":0,"footnotes":""},"categories":[1],"tags":[37],"post_series":[],"class_list":["post-2836","post","type-post","status-publish","format-standard","hentry","category-news","tag-cisco","entry","no-media"],"_links":{"self":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/2836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/users\/665"}],"replies":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/comments?post=2836"}],"version-history":[{"count":0,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/2836\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/media?parent=2836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/categories?post=2836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/tags?post=2836"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/post_series?post=2836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}