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Apple rejects CSR reporting - again

2010

For the second year in a row Apple has called on shareholders to reject a resolution urging the computer giant to produce an annual sustainability report.

Shareholders are also being discouraged by Apple from accepting a second resolution requesting the establishment of a ‘board committee on sustainability’ at the firm.

The resolutions were filed by the Californian As You Sow pressure group, with the investment firm Calvert also involved. Last year, the reporting filing was voted for by only eight per cent of shareholders.

The resolution states: ‘Among our industry peers, Dell, IBM, and Hewlett-Packard have taken leadership roles in these areas through publication of comprehensive sustainability reports that address their company’s impacts with regards to issues such as greenhouse gas emissions reduction, toxics, and supply chain working conditions.

‘Apple, however, lags behind global industry peers on sustainability reporting. Apple has not made public greenhouse gas reduction commitments.’

Both HP and Dell issue annual sustainability reports, and have greenhouse gas commitments in place.

Apple’s stance leaves it as one of a diminishing number of large US companies not reporting on sustainability. As of a year ago, around 80 of the largest 100 US firms by revenue produced non-financial reports.

Apple’s AGM will be held on 26 February.


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