Welcome to the Association of Ethical Shareholders Germany
More than 30 years for peace, protection of the environment and human rights
The Association of Ethical Shareholders Germany was founded in 1986 by several non-governmental organizations like environmental, human rights and anti-Apartheid groups. Currently the Association has 28 member organizations (www.kritischeaktionaere.de/mitgliedsorganisationen.html).
Ethical shareholders file counter-proposals and participate in annual general meetings (AGMs) in Germany and other European countries.
Ethical shareholders demand:
– sustainable production of goods
– stop for military production and export of weapons
– a nuclear-free and renewable energy production
– living wages in all companies and their suppliers
– the promotion of women in companies
– a cap for manager salaries
– a cooling-off period when a member of the board of directors joins the supervisory board
– the introduction of a lobby register
A centre for social and environmental organizations and small shareholders
The Association of Ethical Shareholders focus on the 30 corporations listed in the German index of stocks (DAX, so-called DAX-30-companies). Ethical Shareholders organize the common campaigns of their member organizations. They are a central point for small shareholders, who want their shares to be disposed of in a responsible way. Around 5000 small shareholders have delegated their proxy rights to the umbrella organization, in order to consciously assume their social and ecological responsibility.
> Board and Staff
> Delegate your proxy right to the Ethical Shareholders
> Annual General Meeting (shareholder meetings)
> Deutsche Bank
> Mountaintop Removal
> Henry Mathews Award
„I want to again extend my deepest gratitude for everything the Ethical Shareholders of Germany have done to make all this good work possible. The results are beginning to show and I am encouraged by all these things.“
Paul Corbit Brown, President of Keeper of the Mountains Foundation, West Virginia/USA
„Commodities – in conflict with human rights“
In 2015 Ethical Shareholders started the campaign „Commodities – in conflict with human rights“. The campaign focusses on mining companies, other companies related to mining and banks that finance mining.
BASF AGM 2017: South African Miner Mzoxolo Magidwana spoke at BASF AGM
Mzoxolo Magidwana, AMCU leader Joseph Mathunjwa and Bishop Jo Seoka brought their demands to Lonmin´s main platinum customer BASF.
> Read their speeches
Lonmin AGM 2017: Taking the Marikana Fight for Justice to the UK
In January 2017, Ethical Shareholders Germany, Plough Back the Fruits and London Mining Network participated in Lonmin AGM
> More information on mining, the Marikana massacre in South Africa and on Lonmin plc
BASF AGM 2016: Ethical Shareholders Germany propose provisions for Marikana compensation fund
The Board of Executive Directors continues to not meet its obligation of due diligence in the supply chain with regard to the British mining company Lonmin, of which BASF is its main customer for platinum. South African Bishop Jo Seoka demands 8 Million Euros for a compensation fund for the surviving dependents of the massacre of Marikana.
A new business model for banks
Deutsche Bank – a lot to criticize!
As in previous years the Association of Ethical Shareholders and its member organizations call for a new business model. Various topics were raised as for instance the Panama Papers, the financing of Mountaintop Removal, the climate footprint and the financing of armament. After all, only little movement of the Deutsche Bank can be seen regarding these questions.
> Read more
Deutsche Bank: Investing in weapons manufacturing, speculating in farm production and gambling with subprime mortgages
Shareholder activists and customers in Germany are demanding that Germany´s biggest bank, Deutsche Bank, change controversial financial practices like speculating in farm production, investing in weapons manufacturing and making profit from subprime mortgages.
> TV documentary „A Crisis in Trust – The Case of Deutsche Bank“ by Deutsche Welle
> German bank under fire in Florida and at home
> Deutsche Bank is Florida´s Slumlord
Ethical Shareholders Germany support Southeastern Wisconsin Common Ground against Deutsche Bank
The Association of Ethical Shareholders has supported Southeastern Wisconsin Common Ground in its fight against Deutsche Bank since 2010. In May 2011 CEO Dr. Josef Ackermann affirmed the bank´s financial commitment to the „Milwaukee Rising“ Project.
> Press Release June 8, 2011: Deutsche Bank CEO Publicly Affirms Financial Commitment to Milwaukee Rising Project
> German TV magazine „Panorama“ on the US foreclosure crisis, Deutsche Bank and Common Ground
> Wall Street Journal reported on Ethical Shareholders: “ … ´The denial of facts and the rejection of responsibility by the Management Board of Deutsche Bank in connection with the subprime crisis…casts doubts on the bank’s credibility and thus leads to significant reputational damage,´ wrote the Association of Ethical Shareholders in Germany. …“
Would you like to get in touch with Ethical Shareholders Germany?
Association of Ethical Shareholders Germany
P.O.Box 30 03 07
Office: Pellenzstr. 39
Phone: 0049-221-599 56 47
Fax: 0049-221-599 56 47