In the current corporate annual meeting season, shareowners have stepped up demands on companies to seek alternatives to toxic materials in their products. A shareholder resolution at Apple calls on the company to set an accelerated timetable for ending the use of certain toxic materials. But why has the Board of Directors, which includes Al Gore, unanimously recommended against the resolution? At DuPont shareholders are continuing their quest for the company to end the use of the so-called Teflon Chemical. Corporate Watchdog Radio cohost Sanford Lewis, who is counsel to the Investor Environmental Health Network, discusses these and other fights with Richard Liroff, Director of the Network. Other companies discussed include Chemlawn, Bed, Bath & Beyond, SC Johnson, CVS, Dow Chemical, Wal-Mart, Mohawk Carpet and others.
Richard Liroff, Ph.D. talks about a new investor network concerned with reducing unnecessarily toxic chemicals in products. DuPont shareholders broadly support resolution calling for the company to report on options to speed the elimination of PFOA production and use (a chemical used in producing Teflon as well as grease and stain resistant coatings on carpet, textiles and food wraps).
In addition, we hear a live report from Simon Billeness at an Amnesty International protest regarding the role of Yahoo in jailing a Chinese dissident.