Bob Massie on Corporations
Ceres Reporting Initiative: socially rate pension funds
I have long worried about the rise in corporate power. I edited a book ("The Big Business Reader") 37 years ago about how government was losing its ability to regulate corporations. Maybe we could organize progressive shareholders to influence
corporations--in particular, religious and union pension holders, who own massive amounts of stock.
So that's what we did. I became the director of Ceres, a coalition of labor and environmental activists working with the biggest pension funds in the
country. We used the huge influence of our coalition to demand that multinational corporations measure and disclose about the effect of their actions on the climate, on working conditions, and on race and social justice.
We launched an international
non-profit called the Global Reporting Initiative that set a new international standard for measuring whether corporations were making progress or going backwards. This has had great success. Today 12,000 companies have adopted the new standards.
Source: ORMA questionnaire on 2018 Massachusetts governor race
, Dec 20, 2017
Stop feeding Wall Street yet starving Main Street
We must] support small business, which create more than half of the jobs in our economy. Our policy decisions have been feeding Wall Street yet starving Main Street and local entrepreneurs, start-ups and job creators. Businesses in Massachusetts and
throughout the country want to expand, but they are denied small business loans by banks--including many that were "bailed out" to increase their lending. Scott Brown opposed measures to help provide loans and tax relief to small firms.
Source: Campaign website, www.bobmassie.org, "Issues"
, Jul 16, 2011
Page last updated: Jun 14, 2018