Park sees the value of equity ownership and the power of our shareholder voice. We execute our shareholder action through several experts including our money managers, the Interfaith Center on Corporate Responsibility, and As You Sow. We sometimes use existing shares in our investments to direct shareholder action towards companies. In addition, we have established a shareholder action account and we intentionally choose companies we plan to engage in shareholder action. We have been active in shareholder engagements in a number of fields:
- Climate change and the environment
- Protecting our water
- DEI transparency
- Protecting our democracy
The Foundation actively votes its proxies along Institutional Shareholder Services (ISS) Socially Responsible criteria. All of the Foundation’s fund managers are required to follow these guidelines in voting our shares of publicly held corporations.