SumOfUs buys Apple?? (last day!)

The US government just changed the law to try to beat us ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Apple logo surrounded by cash

A,

We've been so successful using shareholder action to get companies to change their bad behaviour...that they're trying to shut the whole program down!

Just last year, a SumOfUs shareholder resolution forced Apple to publish its first-ever human rights policy. So now they made a new rule -- anyone who wants to bring this kind of resolution will need to hold thousands of shares...and they set a deadline to buy them that's just a few days away.

They're trying to silence everyone but the richest shareholders. But A, we can beat them at their own game.

If 5000 people reading this email chip in the cost of a coffee, SumOfUs can buy enough shares in Apple to have our say at the AGM, ratcheting up the pressure on execs... over the company's use of Uyghur forced labour in the supply chain, and more.

For the next 24 hours, everything you give will be matched 2:1 by a generous donor, tripling your impact -- can you join in to buy a slice of Apple?

If you’ve saved your payment information with SumOfUs, your donation will go through immediately:

Donate $88 nowDonate another amount

Shareholder advocacy used to be straightforward -- a SumOfUs member with stocks would just sign a letter, get a letter from their broker, and our community could file a co-resolution to be debated at Annual General Meetings.

And we had incredible success, not only with Apple's human rights policy. A strong shareholder proposal pushed TD Bank, one of the world's biggest funders of fossil fuels, to commit to net-zero by 2050. Pepsi committed to sustainably-sourced palm oil. And more!

But now the US stock authority is rigging the rules to favour big-dollar shareholders, adding time-consuming and arduous rules: increasing the minimum number of shares, increasing how long you have to hold the shares, and requiring that co-filers like SumOfUs provide a list of times they can meet with the corporation to discuss their resolution.

It's a lot to ask. But the good news is it means our strategy is working. And there's a simple solution: bring our community together to buy stocks in some of the biggest corporations to keep achieving real-world change. And we're starting with Apple. Can you help hold these corporate giants to account? (Remember, your donation is TRIPLED by a generous donor)

If you’ve saved your payment information with SumOfUs, your donation will go through immediately:

Donate $88 nowDonate another amount

Thanks for all that you do,
Danny and the SumOfUs team


More information:

SEC Adopts Amendments to Modernize Shareholder Proposal Rule. US Securities and Exchange Commission. 23 September 2020.

Apple faces shareholder vote on human rights policies. Financial Times. 16 December 2019.

SumOfUs is a worldwide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.

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