As a shareholder in the Domini Funds, you make a difference
in the world. Listed below are some of the ways that you made a difference in
2008.
Global Network Initiative: Around the
world, Internet and communications technology companies face requests from
governments to censor and remove information, and to provide information on
their users. In 2008, Domini helped to launch the Global Network Initiative, a
multi-stakeholder group that opposes government censorship and threats to
privacy worldwide. The group includes Google, Microsoft, Yahoo, and a
range of human rights and academic organizations.
Sustainable Forestry: Of the twenty shareholder resolutions Domini
filed for the 2008 proxy season, six related to sustainable forestry and
climate change. Best Buy agreed to
work with Domini to develop a sustainable paper purchasing policy and the
packaging manufacturer MeadWestvaco
agreed to study the feasibility of phasing out the use of wood fiber not
certified by the Forest Stewardship Council and to increase its use of recycled
fiber.
Project Kaleidoscope: Domini helped to produce the final report of
Project Kaleidoscope, a multi-year collaborative effort, which included McDonald’s and the Walt Disney Company. The Project’s Working Group developed and
successfully field-tested a new approach to achieving long-term improvements in
factory working conditions. The project was field-tested at 10 contractor
factories in southern China that produce goods for McDonald's restaurants and
Disney licensees.
Child Labor in Uzbekistan: In 2007, the International Labor Rights
Forum brought to our attention the annual forced mobilization of children in
Uzbekistan to harvest cotton. In 2008, Domini helped lead a group of investors
that sent letters to more than 100 corporations around the world, prompting
them to start tracing the source of their cotton purchases. The group’s efforts
included meetings with the U.S. State Department and letters to Uzbek President
Karimov, the Secretary General of the International Labor Organization, and
Secretary of State Condoleezza Rice.
Investing and Genocide: In September 2008, Domini briefed the
Congressional Human Rights Caucus on what investors can do to address genocide
and other crimes against humanity.