A coalition of investors, which had requested that Verizon Communications Inc. (NYSE: VZ) publish regular reports on government and law enforcement requests for confidential customer data, today commended the company for publishing its first report and made recommendations for improving future reports.
In a victory for shareholders concerned about the role of telecommunications companies in government surveillance programs, Verizon Communications announced that it will begin to publish regular reports on the number of government requests it receives for customer data.
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.”
In response to a shareholder proposal, Apple Inc. has amended its Board’s Audit and Finance Committee charter to include responsibility for privacy and data security risks that confront the company.
A coalition representing socially responsible investors in media and telecommunications firms today urged the Federal Communications Commission to adopt “clear principles, policies and practices” to guarantee that the Internet remains free and open for all Americans.