Dow CEO Steps Down… Replacement Faces Tough Shareholder Resolutions on Bhopal
March 30, 2018, THREE highly critical, Bhopal-related, shareholder resolutions on the agenda of the first DowDuPont AGM.
Bhopal-Related Resolutions Filed by Shareholders for First AGM of DowDuPont
March 30, 2018, Shareholder Resolution, AGM Agenda Items 7 – 9
Shareholder Resolutions on BhopalDisaster Filed Before Inaugural AGM DowDuPont Co.
February 7, 2018, Concerned stockholders of the newly merged DowDuPont Co submit three separate and entirely new shareholder resolutions challenging management on non-disclosure of legal risks from pending Bhopal liabilities and request that management provide objective metrics and analysis describing the legal and reputational impacts of Bhopal upon investment in India.
Proposed Dow Chemical Shareholder Resolutions Highlight Investment Problems in India for Dow
June 2, 2015, Calvert Investments have attempted to place Bhopal-related resolutions upon Dow’s proxy materials for the last two AGMs but Dow has chosen to exclude both resolutions. Resolutions state that Dow has faced significant financial, operational and reputational damage thanks to its inability, or refusal, to address Bhopal Disaster legacy issues, and that this information has not been shared with investors and stockholders.
Unresolved Legacy of Bhopal Disaster Deserves Scrutiny of Dow Chemical Investors
June 2, 2015, Press Statement From Calvert Investments, Originally Released 5th May, 2014
Dow Chemical Blocks Shareholder Enquiry into Bhopal on 30th Anniversary of Disaster.
May 15, 2014, Dow blocked Amnesty International and other investors from putting forward a shareholder resolution at the AGM, which called on Dow to face-up to the ongoing legacy of Bhopal. The resolution requested Dow to prepare a report for shareholders on the “financial, reputational and operational impacts of Bhopal on Dow’s Indian and global business opportunities.”