Technology giant Intel is to create a board committee on sustainability after a shareholder resolution. The company announced its decision after talks with Harrington Investments, a niche SRI investor in the US, which had tabled an AGM resolution for the second consecutive year calling for the establishment of the committee. Previously Intel had argued that a separate committee was not needed as sustainability issues were adequately considered by the board as a whole. Now it says it will change its corporate charter to allow the new committee to be created.
Already a member? click here to login