Big businesses don't have to listen to activists, but they do if they're shareholders. Get insider access to shareholder proposals at US publicly held companies before the company’s annual general meeting.
What is shareholder activism?
Shareholder activism is when shareholders use their influence as owners of a company to effectuate change within the organisation.
What is Tulipshare?
Tulipshare is an sustainable investment fund and shareholder advocacy group on a mission to help investors push for stronger environmental and social commitments, using corporate governance to create a positive impact and ensure the companies we invest our money in are being responsibly managed by accountable leadership.
How does Tulipshare improve sustainability through investing?
Tulipshare addresses issues pertaining to climate change, human rights, racial and gender equity, political spending and operational transparency within some of America’s biggest publicly traded companies - issues that if left unaddressed could expose a company and its investors to significant legal, reputational and financial risks.
Over the past year, J&J agreed to remove talc from Johnson's Baby Powder on a global scale; investors have shown strong support to improve the ongoing injury crisis at Amazon through an audit of Amazon's warehouse working conditions, and Apple improved its right to repair policies along with its transparency reporting regarding App Store takedowns.
Johnson & Johnson
Tulipshare’s biggest success to date was a proposal at Johnson & Johnson (J&J) demanding that the company stop the sale of their talc-based powder globally due to its links to multiple cancers. Following J&J’s AGM in 2021, the multinational corporation confirmed they will be taking the talc-based powder off the shelves worldwide.
Apple
At the beginning of 2023, Tulipshare, alongside a coalition of investors, reached a successful agreement with Apple, which saw the world’s largest company commit to enhancing their reporting on App Store takedowns.
Salesforce
After a series of productive conversations with Salesforce, Tulipshare reached an agreement to withdraw our shareholder proposal looking for a third party racial equity audit due to the company demonstrating a stronger commitment to diversity, equity and inclusion, and its reporting efforts on those matters.
Capri Holdings
Tulipshare also reached an agreement with Capri Holdings, owner of Jimmy Choo, Michael Kors and Versace, for the company to undertake measures to address concerns related to the protection, rights and livelihoods of workers across all of their supply chain tiers.
Amazon
Last year, Tulipshare led a campaign among Amazon shareholders looking to ensure fair and safe working environments for the company’s warehouse workers. We recommended that Amazon provide an independent audit of the working conditions and treatment that warehouse workers face. We garnered 44% of shareholder support for our proposal.
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