We’re proud to join 173 major investors, companies, individuals and nonprofits to call on @SEC_News and @USTreasury to mandate climate disclosure. #ClimateDisclosureNow https://bit.ly/3igvL7J. This mission helps protect investors from risks – including the systemic and financial risks associated with the climate crisis.
We give your values a voice through our active Shareowner Advocacy program. We vote your clients shares and advocate with businesses and policy leaders for meaningful change. Being a signatory on this recent statement represents another step in a decade-long effort by investors to press for effective methane regulation at the federal and state levels.
Reading the Tea Leaves for Proxy Season 2021 By Holly Testa | Click Here to View PDF The spring crush of annual shareholder meetings is upon us, and this year promises welcome and much-needed change that reflects increasing investor focus and concern with regard to environmental, social, and governance issues. We may well see record-breaking […]
First Affirmative Plays Matchmaker to Escalate Renewable Energy Adoption Sometimes the most effective engagement strategy is to make some introductions and get out of the way! We asked one of our portfolio companies to address our concern that their growing global data center energy footprint continues to be powered by fossil fuel sources. Our discussions […]
2020: Taking Stock of Shareholder Engagement during Disruption Last year garnered its own unfortunate but well-earned twitter hashtag: #2020worst. It brought us the onset of COVID-19, growing inequality as the stock market reached new highs and employment levels plummeted, rise of Black Lives Matters, ongoing political strife, a record year of natural disasters made worse […]
By Holly Testa | Download the PDF 2020 Proxy Voting Season? Better Than Expected! Investors and corporations have good reason to be distracted from routine events such as annual shareholder meetings this year. We were skeptical that participants in the process would prioritize their commitment to environmental, social, and governance issues, but we are happy to […]
By Holly Testa | Download the PDF Proxy Voting Trends Our track record on proxy voting continues to contrast sharply with overall averages, as our proxy voting guidelines establish standards not typical within the mainstream investment community. We voted against over 40% of nominating committee board members due to lack of gender and racial diversity and […]
PROXY MEMORANDUM Date: March 20, 2019 To: Nucor Corporation shareholders Subject: Shareholder resolution requesting a report on the company’s political spending policies and practices Lead Filer: First Affirmative Financial Network, on behalf of Waterglass, LLC Contact: Holly A. Testa, Director, Shareowner Engagement firstname.lastname@example.org/303-641-5190 We ask for your support of the following resolution that will be included in the Nucor Proxy Statement […]
First Affirmative Financial Network withdrew a shareholder proposal filed at SBA Communications, Inc. that asked the company to issue a report describing the company’s environmental, social, and governance (ESG) policies, performance, and improvement targets. SBA Communications owns and operates wireless infrastructure in the US, Canada, and Central and South America and is a recent addition to the […]
Celebrating a Decade of Shareholder Advocacy First Affirmative reached an important milestone at the end of 2018, marking 10 years since we launched our advocacy program, completing our first full year of direct corporate engagement in 2009. We have since pursued an increasingly ambitious advocacy agenda to expand our engagement reach and impact. Our Ongoing […]