1981 CHURCH STOCKHOLDER RESOLUTIONS TARGET NUCLEAR POWER, SOUTH AFRICA

by National Council of Churches
New York, New York, United States
February 13, 1981
4 pages
Type: Press Release
Coverage in Africa: Namibia, South Africa
Coverage outside Africa: United States, Canada
Language: English
The press release says in what has become an annual campaign to change the policies of American corporations, church groups have made nuclear energy and South Africa the major targets in this year's round of stockholder resolutions. The press release says 1981 will mark the eleventh year in which churches have filed resolutions opposing corporate support for apartheid in South Africa; according to ICCR Executive Director Tim Smith, support for the South Africa campaign has grown rapidly in recent years, particularly from institutional investors. The press release says filers include the National Council of Churches, the American Lutheran Church, the United Presbyterian Church in the U.S.A., the Reformed Church in America, the Protestant Episcopal Church, the Lutheran Church in Canada, the Unitarian Universalist Association, the United Church of Canada, Church Women United, agencies of the United Church of Christ, the United Methodist Church, the Episcopal Church and the Presbyterian Church in the U.S., Union Theological Seminary, Vassar College, the New World Foundation and numerous Roman Catholic orders, including the Sisters of Charity, the Maryknoll Fathers and Brothers and the Sisters of Mercy. The press release discusses apartheid, Harvard University, the Ford Foundation, Equitable Life Insurance Co., investment, Wells Fargo Bank, Crocker National l Bank, Merrill Lynch, Control Data Corp., Sperry Corp, Fluor Corp., Hewlett-Packard, IBM, Citicorp, Continental Illinois National Bank and Trust, Doyle Dane Bernbach Inc., Republic National Bank of New York, the Krugerrand, the South African Chamber of Mines, Borg Warner, Eaton Corp., International Harvester, Xerox Corp., U.S. Steel, Dresser Industries, the Sullivan Principles, General Motors, Ford Motor Co., Eastman Kodak, Mobil Oil, Superior Oil, Englehard Minerals, and First Chicago Bank. • SOUTH AFRICA CAMPAIGN GAINING MOMENTUM

Used by permission of the Interfaith Center on Corporate Responsibility.

Collection: Private collection of David Wiley and Christine Root