John,
We've been so successful using shareholder action to get companies to change their bad behaviour...that they're trying to shut the whole program down!
A couple years back, an Ekō shareholder resolution forced Apple to publish its first-ever human rights policy. So the US stock regulator made a new rule -- anyone who wants to bring this kind of resolution will need to hold thousands of shares...and companies are setting VERY early deadlines to buy them!
They're trying to silence everyone but the richest shareholders. But John, we can beat them at their own game.
We already have shares in Apple. And if 5000 people reading this email chip in the cost of a coffee, Ekō can buy enough shares in Google, Facebook, and other companies before looming deadlines to have our say at those AGMs, ratcheting up the pressure on execs over the companies' worst policies.
For the next 24 hours, we will use everything you give to generate matching donations from big funders, doubling your impact -- can you join in to buy a piece of Google and Facebook?
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Shareholder advocacy used to be straightforward -- an Ekō member with stocks would just sign a letter, get a letter from their broker, and our community could file a co-resolution to be debated at Annual General Meetings.
And we had incredible success, not only with Apple's human rights policy, but also getting Pepsi committed to sustainably sourced palm oil...and more!
But now the US stock authority is rigging the rules to favour big-dollar shareholders, adding time-consuming and arduous rules: increasing the minimum number of shares, increasing how long you have to hold the shares, and requiring that co-filers like Ekō provide a list of times they can meet with the corporation to discuss their resolution.
It's a lot to ask. But the good news is it means our strategy is working. And there's a simple solution: bring our community together to buy stocks in some of the biggest corporations to keep achieving real-world change. Can you help hold these corporate giants to account? (Remember, your donation will be used to get matching donations!)
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