Memo to Berkshire Hathaway Shareholders regarding "yes" vote on Sustainability Report Resolution
Date of publication: April 13, 2009
Author: ILRF and International Rivers
ILRF is urging shareholders of Warren Buffett’s Berkshire Hathaway Corporation to support a resolution requesting company management to produce a report on its portfolio companies’ practices in the areas of labor and human rights and other issues related to the environmental and social impact of their business activities. This memo was sent on April 13, 2009 to the leading shareholder advisory services by ILRF and International Rivers, a nongovernmental organization concerned with the impact of dams on communities and the environment, urging a “yes” vote on this proposal.
The resolution, filed by an individual shareholder, calls upon Berkshire Hathaway to join the 80% of Fortune Global 250 companies that already file such Sustainability Reports, under the guidelines established by the Global Reporting Initiative, on the economic, environmental, labor, human rights, social and consumer impacts of their businesses.