Friday, January 24, 2014

Shareholder Resolution Wants Monsanto to Disclose Financial Risks from GMOs

Heather Callaghan
Activist Post

Shareholders and stakeholders of Monsanto should start wondering about where their money lies, where it's actually going, and if it will last. While the world is left largely in the dark about safety risks and labeling, some of Monsanto's shareholders are just as closed off from the reality of their investment risks from the company's damaging business practices and spending.

A resolution re-filed by Harrington Investments, Inc (HII) asked Monsanto’s Board of Directors to prepare a report assessing the actual and potential financial risks posed to their shareholders by GMO operations. Everything from the cost of anti-GMO labeling campaigns to the devastating fallout from revelations of crop contamination hitting farmers across the globe and legal spending to aggressively pur"sue" small farmers for patent infringement.

HII is calculating the sum total of Monsanto's actions calling it a "corporate empire" financially committed to denial.