{"id":6426,"date":"2012-01-20T15:18:10","date_gmt":"2012-01-20T14:18:10","guid":{"rendered":"http:\/\/www.ethicalquote.com\/?p=6426"},"modified":"2012-01-20T15:18:10","modified_gmt":"2012-01-20T14:18:10","slug":"major-investor","status":"publish","type":"post","link":"https:\/\/www.covalence.ch\/index.php\/2012\/01\/20\/major-investor\/","title":{"rendered":"Major investor coalition seeks disclosure of US corporate lobbying expenditure"},"content":{"rendered":"<p><a href=\"http:\/\/www.ethicalquote.com\/newTemplate\/wp-content\/uploads\/2012\/01\/120120_ri.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-6427\" title=\"Major investor coalition seeks disclosure of US corporate lobbying expenditure\" src=\"http:\/\/www.ethicalquote.com\/newTemplate\/wp-content\/uploads\/2012\/01\/120120_ri.jpg\" alt=\"\" width=\"200\" height=\"130\" \/><\/a>A group of US investment institutions have filed shareholder  resolutions at 40 companies calling on them to report on their spending  on direct lobbying and lobbying via trade associations. The group wants greater transparency on how companies influence regulation and law-making. Backers of the initiative include investors such as the $134bn  (\u00e2\u201a\u00ac104bn) New York State Common Retirement Fund, Walden Asset Management,  the AFSCME Employees Pension Plan, PAX World Fund and the Tides Foundation. The coalition has been organised by Walden and the AFSCME  and also includes faith-based investors such as Christus Health,  Catholic Health East, the Sisters of St. Joseph of Boston, the Sisters  of Notre Dame and Mercy Investment Services. Among the companies targeted are household names like AT&amp;T, Bank  of America, Chevron, Coca-Cola, Goldman Sachs, Johnson &amp; Johnson,  J.P. Morgan Chase, PepsiCo and UPS. \u201cThis year investors have taken a logical next step and asked companies  to disclose their direct and indirect lobbying activities,\u201d said Timothy  Smith, Director of Environmental, Social and Governance Shareowner  Engagement at Walden. <a href=\"http:\/\/www.responsible-investor.com\/home\/article\/investor_coalition_lobbying_disclosure\/\" target=\"_blank\">More&#8230;<\/a><\/p>\n<p>News selected by Covalence | Country: USA | Company: AT&amp;T, Bank  of America, Chevron, Coca-Cola, Goldman Sachs, Johnson &amp; Johnson,  J.P. Morgan Chase, PepsiCo,\u00c2\u00a0 UPS |  Source: <a href=\"http:\/\/www.responsible-investor.com\/home\/article\/investor_coalition_lobbying_disclosure\/\" target=\"_blank\">Responsible Investor<br \/>\n<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A group of US investment institutions have filed shareholder resolutions at 40 companies calling on them to report on their spending on direct lobbying and lobbying via trade associations. The group wants greater transparency on how companies influence regulation and law-making. Backers of the initiative include investors such as the $134bn (\u00e2\u201a\u00ac104bn) New York State&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":[313,116,7,23,166,30,95,109,693],"post_series":[],"class_list":["post-6426","post","type-post","status-publish","format-standard","hentry","category-news","tag-att","tag-bank-of-america","tag-chevron","tag-coca-cola-co","tag-goldman-sachs","tag-jj","tag-j-p-morgan-chase","tag-pepsico","tag-ups","entry","no-media"],"_links":{"self":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/6426","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=6426"}],"version-history":[{"count":0,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/6426\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/media?parent=6426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/categories?post=6426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/tags?post=6426"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/post_series?post=6426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}