Posted on November 4 2009 by zerofootprint and filed in Climate Change
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Message: The Staff Legal Guidance said it’s changing how it analyzes companies’ “no-action” requests [2] on shareholder proposals relating to environmental, financial or health risks, according to Nasdaq. The decision, outlined in SEC Staff Legal Bulletin No. 14E (CF), reverses [3] an SEC rule that prevented investors from directly asking companies about the impacts of climate change and other issues on their financial bottom lines, according to Ceres, a network of investors and environmental organizations that represent around $8 trillion in assets. Read More at: http://www.environmentalleader.com/ http://www.zerofootprintfoundation.org/64186/
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