Menu
Shareholder vote on Apple's hazard elimination

Shareholder vote on Apple's hazard elimination

Apple shareholders will vote on a resolution at the company's annual meeting on May 10 on a proposal to remove certain hazardous chemicals from their products.

Apple's board opposes the resolution, arguing it already has adequate environmental standards.

The resolution was submitted by Trillium Asset Management, of Boston, an investment firm that specialises in making socially responsible investments. It holds shares in Apple and also is a member of the Investor Environmental Health Network, which pressures public companies to remove toxic material from its products, including makers of computers, consumer electronics, fertilizer and cosmetics.

The shareholder resolution asks Apple to produce a report, within six months of the shareholder meeting, on the feasibility of "eliminating persistent and bioaccumulative toxic chemicals, and all types of brominated flame retardants (BFRs) and polyvinyl chloride (PVC) plastics" from its products.

Certain flame retardants used in circuit boards and PVCs have been shown to be toxic.

Dell has committed to eliminating the materials from its products by 2009 but Apple, while showing concern, has been less specific, said Steve Lippman, vice president of social research at Trillium.

"Apple has just lagged," said Lippman. "They have said they are addressing the issue, but they haven't set any timetables."

Apple spokesman Steve Dowling said the company details on its web site its environmental standards and lists hazardous chemicals it is phasing out of its products or already has. Apple the Environment


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags Apple

Featured

Slideshows

Looking back at the top 15 M&A deals in NZ during 2017

Looking back at the top 15 M&A deals in NZ during 2017

In 2017, merger and acquisitions fever reached new heights in New Zealand, with a host of big name deals dominating the headlines. Reseller News recaps the most important transactions of the Kiwi channel during the past 12 months.

Looking back at the top 15 M&A deals in NZ during 2017
Kiwi channel closes 2017 with After Hours

Kiwi channel closes 2017 with After Hours

The channel in New Zealand came together to celebrate the close of 2017, as the final After Hours played out in front of a bumper Auckland crowd.

Kiwi channel closes 2017 with After Hours
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP honoured leading partners across the channel at the Partner Awards 2017 in New Zealand, recognising excellence across the entire print and personal systems portfolio.

Meet the top performing HP partners in NZ
Show Comments