Northwest Coalition for Responsible Investment
Corporate Governance & Finance
Mission: We challenge corporations to uphold financial, social and ethical standards through their governance structures, including executive compensation, board independence, diversity, and accountability.
Executive Compensation: “Say on Pay”
Concerned about excessive executive compensation, which sometimes appears to be inconsistent with the creation of shareholder value, this year a coalition of U.S. institutional investors, including NWCRI and ICCR, has filed shareholder resolutions with over 100 companies asking them to grant shareholders an advisory vote on executive compensation packages.
Predatory Credit Card Practices
For more than a decade religious shareholders have been addressing issues of predatory lending practices. Concerned about the impact that credit card marketing, lending and collection practices have on borrowers and the economy, NWCRI and ICCR shareholders filed resolutions and engaged in dialogue with six of the country’s largest credit card issuers: American Express, Bank of America, Citigroup, Discover, JP Morgan Chase and Wells Fargo. At Bank of America, the first-time shareowner resolution won one-third of the vote, and the resolution at Citigroup received 26% of the vote.
Seattle, WA 98115