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Pursuing Shareholder Advocacy and Corporate Accountability
An important part of the Environmental Justice Program's strategy focuses on activities that hold corporate elites accountable. We have had some great success this year, pressuring private water utilities and beverage companies to address the human right to water in their operations.
UUSC has partnered with Northstar Asset Management to file a shareholder resolution with PepsiCo, asking the beverage giant to adopt a human-right-to-water policy in its domestic and overseas operations. PepsiCo challenged the resolution with the Securities and Exchange Commission, but UUSC and Northstar's resolution prevailed.
The resolution will be presented to thousands of shareholders at the PepsiCo annual meeting in May 2008 in Texas.
Featured stories about corporate accountability
 Ecuadorians won a major victory on July 25, 2008, when provisions to enshrine the human right to water were approved for Ecuador's new draft constitution, which will be put to a national vote in September. |
 Water and human rights are inextricably linked, a fact that the people of Tanzania know all too well. The Tanzanian government chose to privatize the water system, and in 2003 a subsidiary of the British corporation Biwater was granted a water concession in Dar Es Salaam. But under Biwater, the water situation only deteriorated. |
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