{"id":1922352,"date":"2023-05-01T23:27:53","date_gmt":"2023-05-02T03:27:53","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/87-of-coca-cola-shareholders-reject-pro-choice-activist-proposal-to-stop-sales-in-pro-life-states\/"},"modified":"2023-05-01T23:27:53","modified_gmt":"2023-05-02T03:27:53","slug":"87-of-coca-cola-shareholders-reject-pro-choice-activist-proposal-to-stop-sales-in-pro-life-states","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/87-of-coca-cola-shareholders-reject-pro-choice-activist-proposal-to-stop-sales-in-pro-life-states\/","title":{"rendered":"87% of Coca-Cola Shareholders Reject Pro-Choice Activist Proposal to Stop Sales in Pro-Life States"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2F87-of-coca-cola-shareholders-reject-pro-choice-activist-proposal-to-stop-sales-in-pro-life-states%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1922352&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>                                           \tUpset that over a dozen pro-life states are actively protecting babies from abortions, a pro-abortion group tried to get Coca-Cola shareholders to agree with a measure to have the huge beverage company stop selling protects in those states.<\/p>\n<p> But shareholders rejected the radical measure so overwhelmingly that 87% of owners of Coke stock voted to reject the resolution.<\/p>\n<p> The measure would have pressured the company to oppose, and perhaps divest from, states that offer legal protection to the unborn. The proposal came from investors, not from the company itself, as shareholders have the right to make such policy proposals at annual shareholder meetings and leftist groups like As You Sow, which was behind this measure, often try roget corporations to take liberal stances on contentious political issues.<\/p>\n<p> Here\u2019s more on the group\u2019s failed efforts this past week:<\/p>\n<p>  And among the worst of their bad ideas this year is a spate of proposals of various forms used to promote abortion under the banner of risk management. Typically, these shareholder resolutions that appear on proxies (the corporate governance equivalent of ballots in political elections) call upon companies to study the risk of whatever the activists disapprove of.<\/p>\n<p> For example, the predictably left-wing group As You Sow asked Coca-Cola to issue a \u201cReport on Risk Due to Restrictions on Reproductive Rights.\u201d<\/p>\n<p> This report would include \u201cpotential risks or costs to the company caused by \u2026 state policies severely restricting reproductive rights.\u201d Note that only alleged risks or costs were mentioned, not benefits or advantages.<\/p>\n<p> Click here to sign up for pro-life news alerts from LifeNews.com<\/p>\n<p> As You Sow has some suggestions for them. The companies should share \u201cany decisions regarding closure or expansion of operations affected by the restrictive laws, and any strategies such as public policy advocacy by the company, related political contributions policies \u2026 or educational strategies.\u201d So, companies are steered towards punishing pro-life states by divestment, toward defunding pro-life politicians who would otherwise have been seen as helpful to the company\u2019s interest, and by educating the public about the benefits of abortion and the harm caused when it is prevented.<\/p>\n<p>  The abortion activists also proposed another measure that shareholders rejected as well.<\/p>\n<p>  There is also what is called a \u201ccongruency\u201d report, which amounts to goading companies that have said something in favor of equality to extend that to blacklisting pro-life politicians. It also lost.<\/p>\n<p>  The vote came during the same week in which the City of San Francisco abandoned its boycott of pro-life states because the repercussions were so detrimental to the city.<\/p>\n<p> The San Francisco Board of Supervisors abandoned its boycott of pro-life states Tuesday after city leaders said the action backfired, costing the city money and creating additional red tape.<\/p>\n<p> National Review reports\u00a0the board voted 7-4 to repeal the boycott, which prohibited the city government from traveling to and doing business with 30 states that passed pro-life and other conservative policies.<\/p>\n<p> \u201cIt\u2019s not achieving the goal we want to achieve,\u201d Supervisor Rafael Mandelman said. \u201cIt is making our government less efficient.\u201d<\/p>\n<p> Initially, the boycott applied to conservative states that passed laws regarding LGBTQ issues, but San Francisco leaders expanded it in 2019 to also boycott states that passed pro-life laws to protect unborn babies from abortion.<\/p>\n<p> However, an analysis of the boycott in February found that its results were disastrous for San Francisco. The\u00a0city administrator\u2019s office report\u00a0found that the boycott was hurting the city financially and did not have any effect on persuading states to abandon their pro-life laws.<\/p>\n<p> The law \u201chas created additional administrative burden for City staff and vendors and unintended consequences for San Francisco citizens, such as limiting enrichment and developmental opportunities,\u201d the report found.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Upset that over a dozen pro-life states are actively protecting babies from abortions, a pro-abortion group tried to get Coca-Cola shareholders to agree with a measure to have the huge beverage company stop selling protects in those states. But shareholders rejected the radical measure so overwhelmingly that 87% of owners of Coke stock voted to<\/p>\n","protected":false},"author":1,"featured_media":1922353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[14208,5327,6666,25544,8347,5210,10084,5219,16537],"class_list":["post-1922352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-14208","tag-activist","tag-coca-cola","tag-pro-choice","tag-pro-life","tag-proposal","tag-reject","tag-sales","tag-shareholders"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1922352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1922352"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1922352\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1922353"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1922352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1922352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1922352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}