Article
Target is Batting Zero When It Comes to Shareholder Engagement This Proxy Season
Institutional and faith-based shareholders have tried to engage Target on...the phase out of PVC-packaging... Lauren Compere, Director of Shareholder Advocacy of Boston Common Asset Management [says] "...we are very surprised that Target has not come to the table to address these critical issues which have bottom-line and reputational impacts on Target's brand."... "Its major competitor Wal-Mart, and companies all around the world including Ikea, Nike and Sony have made commitments to phase out PVC in products or packaging" states Michael Passoff, Associate Director of As You Sow [Foundation].