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The rising tide of corporate responsibility

It may be a long way from a boardroom revolution - but US shareholders are increasingly lending their weight to green causes

It appears that shareholders do care about polar bears - and here are the numbers. According to Ernst & Young, 2010 was the busiest year ever in the US for shareholder resolutions on the environment and other "corporate responsibility" topics - 191 filed, up from 150 the year before.

Ernst & Young's white paper on the topic, which is available here - http://bit.ly/jBeiQY - didn't make terribly clear what total number the 191 should be compared to. Are we talking about 191 shareholder resolutions filed in the S&P500 index? Or 191 filed at all the companies in the Russell 3,000? Being US-based, Ernst & Young's researchers weren't on hand to clarify this morning.

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