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Toxic Neglect: Mutual Funds Opposing Shareholder Resolutions on Chemicals in Products Ignore Financial Risks to Shareholders
Date:2/28/2008

database of more than 8.5 million voting decisions by most of the largest funds from most of the largest U.S. fund groups over four years. The data and data summaries are available on-line at:

http://www.fundvotes.com/IEHN/Toxics_FundVoteResults_2006-2007.xls.

ABOUT THE GROUPS

The Investor Environmental Health Network (http://www.iehn.org) is a collaboration of investment managers encouraging companies to adopt "safer chemicals" policies for products, to enhance shareholder value. IEHN participants manage more than $41 billion in assets.

The Rose Foundation for Communities and the Environment has been recognized nationally for innovative shareholder advocacy campaigns and for its research into the correlation between corporate environmental and financial performance. Its petition to the U.S. Securities and Exchange Commission seeking more robust disclosure of environmental risk has been endorsed by institutional investors collectively representing more than $1 trillion in assets under management.


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SOURCE Investor Evironmental Health Network (IEHN), Washington,D.C.
Copyright©2008 PR Newswire.
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