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Greens start going through the ACT’s corporate voting habits

By johnboy - 25 May 2011 5

Did you know your local government had been voting to keep human rights considerations out of the operations of the stake it owns in cluster bomb production?

The Greens’ Meredith Hunter is highlighting this and more.

ACT Greens Parliamentary Convenor, Meredith Hunter MLA, has described the ACT Labor Government votes on shareholder resolutions on human rights and carbon emissions reduction as perverse.

The votes were made by the ACT Treasury’s fund managers at Annual General Meetings of major companies in which ACT Government funds are invested.

“The ACT Government claims to be championing human rights yet in the last twelve months they have voted against resolutions on human rights, carbon emissions reduction and a study into reducing the harmful effects of nicotine addiction,” Ms Hunter said.

“It just doesn’t match up with the values of the ACT Government, which has implemented a human rights act, a 40% Carbon reduction target and health programs targeted at reducing smoking.

“In one vote, the ACT Government as a shareholder in Honeywell International (a major cluster bomb manufacturer) opposed a human rights charter in the company’s code of business conduct,” Ms Hunter said.

“At the Exxon Mobil general meeting a motion for the company to adopt a carbon reduction target was bizarrely opposed by the ACT’s fund manager.

Also we’re still not sure how we feel about child sex trafficking.

You can have a look at the hard to read list of resolutions.

What’s Your opinion?


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5 Responses to
Greens start going through the ACT’s corporate voting habits
amarooresident3 5:25 pm 25 May 11

Stevian said :

alaninoz said :

The job of the ACT Treasury’s fund managers is to make money for the ACT Government, not to let us all have a nice, warm, fuzzy feeling.

And Hitler got the trains to run on time (Considering the A.C.T.’s woeful public transport situation that may not be the best example).

My point. How much blood do you want on your hand just to balance the books?

I thought it was Mussolini that got the trains running properly?

nobody 5:22 pm 25 May 11

“Put your money where your mouth is” is applicable here. I think our Government’s investments should reflect our Government’ policies. I don’t mind if our Government makes slightly less profit on it’s investments for this reason.

The only other way I can feel nice, warm, and fuzzy is to go back to drinking lots on wine while in the bath.

Stevian 4:53 pm 25 May 11

alaninoz said :

The job of the ACT Treasury’s fund managers is to make money for the ACT Government, not to let us all have a nice, warm, fuzzy feeling.

And Hitler got the trains to run on time (Considering the A.C.T.’s woeful public transport situation that may not be the best example).

My point. How much blood do you want on your hand just to balance the books?

alaninoz 4:11 pm 25 May 11

The job of the ACT Treasury’s fund managers is to make money for the ACT Government, not to let us all have a nice, warm, fuzzy feeling.

Solidarity 1:03 pm 25 May 11

These people are so annoying. Do they actually believe the crap they campaign for?

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