Artificial Intelligence
Joseph Gentle
Generative AI & Disinformation: Exempt ...

Lead filer Arjuna capital provided an exempt solicitation letter to the SEC in response to Meta’s opposition statement, further clarifying the purpose of the proposed annual report, and the need for additional transparency and oversight related to gAI misinformation.

Generative AI & Disinformation: Exempt Solicitation Filed at Meta
Artificial Intelligence, Shareholder Engagement
Joseph Gentle
2024 Shareholder Resolutions on Generative AI ...

The rise of generative AI (gAI) over the last 18 months has raised numerous questions about how to regulate these powerful new technologies so that they do not compromise people’s ability to exercise their human rights. Generative AI poses a particular threat to the right to freedom of expression, including the right to access information, because it makes it so easy to create and spread deceptive, yet believable content. False content threatens people’s ability to make informed decisions, a prerequisite for healthy democracies.

2024 Shareholder Resolutions on Generative AI & Disinformation: A Build-the-Vote Messaging Guide for Sustainable Investors
Artificial Intelligence
Jessica Dheere
Ahead of This Year’s Elections, Shareholders ...

Shareholders at Alphabet and Meta, following on the success of a similar resolution at Microsoft last month, have filed shareholder proposals recommending that the companies issue annual reports on the risks of misinformation and disinformation produced and amplified by their deployment of generative artificial intelligence (gAI). All three companies have made multibillion dollar investments in gAI.

Ahead of This Year’s Elections, Shareholders Demand Transparency from Big Tech on Risks of AI-Powered Disinformation
Artificial Intelligence
Joseph Gentle
Shareholders Demand Transparency from Microsoft ...

At Microsoft’s annual general meeting on Thursday, shareholders will vote on a resolution recommending that the company issue an annual report on the material risks of generative AI-powered mis- and disinformation to its business operations. The proposed report would include Microsoft’s plans to mitigate those risks, as well as the effectiveness of its efforts. The resolution, which appears as Proposal 13 on the company’s proxy statement, was submitted by Arjuna Capital (lead filer), Azzad Asset Management, Eko, and Open MIC. 

Shareholders Demand Transparency from Microsoft on Material Risks of AI-Powered Disinformation
Press Releases
Michael Connor
Jessica Dheere Joins Open MIC as Advocacy ...

“Finance-focused strategies promise to be a game-changer in advancing human rights in the digital age,” said Jessica Dheere. “I’m thrilled to have the opportunity to build on Open MIC’s pioneering work in this field and to explore new frontiers, by broadening the base of people who are adept at challenging corporate power to ensure that information technologies do not compromise—and ideally reinforce—social justice and people’s expression, privacy, and labor rights.”

Jessica Dheere Joins Open MIC as Advocacy Director

Transparency

Open MIC Successfully Withdraws Reproductive Privacy Proposal as Acxiom Publicly Commits to Data Ethics & Privacy Principles

Open MIC Successfully Withdraws Reproductive Privacy Proposal as Acxiom Publicly Commits to Data Ethics & Privacy Principles

Open MIC has successfully withdrawn a shareholder proposal this month after extensive engagement with the Interpublic Group of Companies (IPG) regarding its data broker subsidiary Acxiom, and specifically the company’s policies and practices regarding reproductive health data. The proposal was an attempt by shareholders to press IPG to release a report regarding Acxiom’s data privacy policies. In response to shareholder and Open MIC efforts, IPG has released a public statement that meets shareholder demands for greater public transparency. 

Open MIC Submits Shareholder Resolution to Acxiom Demanding Transparency on Data Collection Practices Following Roe vs. Wade Supreme Court Decision

Open MIC Submits Shareholder Resolution to Acxiom Demanding Transparency on Data Collection Practices Following Roe vs. Wade Supreme Court Decision

Acxiom's data practices are a matter of public concern, especially in the wake of the Roe vs. Wade decision," said Michael Connor, Executive Director of Open MIC. "Access to reproductive healthcare is an internationally-recognized human right, and companies that help law enforcement to infringe on that right risk severe financial and reputational damage. We hope that Acxiom will work with us to ensure its data collection practices are aligned with the values and expectations of its shareholders."

Apple Commits to App Store Transparency Improvements

Apple Commits to App Store Transparency Improvements

A coalition of investor advocates led by Azzad Asset Management withdrew a shareholder proposal this month after reaching an agreement with Apple Inc. regarding the company’s plan to improve its transparency reports and specifically add clarity around the removal of applications from its app store in response to government requests.

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Investment Firms Say Corporate Role in Government Surveillance Programs Raises ‘Serious Concern’

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Citing the potential of “unprecedented and dangerous threats to the privacy of hundreds of millions of people” from government surveillance programs, a group of leading sustainable investment firms has called upon publicly-held U.S. companies to demonstrate leadership by adopting “a pro-active, principled approach to protecting the privacy and rights of their users.”

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