Talk:Dwight Hall Socially Responsible Investment Fund

Shareholder Engagement
The Dwight Hall SRI Fund was the first undergraduate-run student fund to ever co-file a shareholder resolution with a public company when it filed a resolution with ExxonMobil in the 2015-16 proxy season. The United Steelworkers Union (USW) lead filed the resolution and a number of others, including AP7, a Swedish national pension fund, also co-filed. The resolution targeted Exxon's lobbying practices and policies and asked for the company to improve its disclosure, especially regarding its membership in and payments to trade associations that conduct lobbying activities, like the American Legislative Exchange Council (ALEC), American Petroleum Institute (API), and National Association of Manufacturers (NAM)). Exxon is a member in a number of organizations that either cast doubt onto the scientific consensus on climate change or actively lobby against productive climate policy, despite Exxon's publicly stated acceptance of the scientific consensus and support for a revenue-neutral carbon tax.

The resolution garnered the support of 25.7% of Exxon shareholders, amounting to just under $100 billion of financial support. Proxy advisory firm Institutional Shareholder Services (ISS) recommended that shareholders vote in favor of the resolution. The resolution also received the support of the Interfaith Coalition on Investor Responsibility (ICCR) and other socially motivated investment organizations.

The Dwight Hall SRI Fund filed the resolution again in the 2016-17 proxy season.

Pippinjonesowns (talk) 17:48, 15 March 2017 (UTC)rmh