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RE: The Morality of Stock Ownership

in #investing7 years ago

Interesting, a while back I bought a bunch of Royal Dutch Shell stocks. Myself I think Shell is an evil company when it comes to a lot of things, but mostly the environment! I think they should invest way more funds into improving their footprint and transition to better energy sources.

So why buying stocks you might ask? Well, I donated the stocks to an organization called Follow This. By donating them, I gave them my vote for the shareholder meetings. During these meetings Follow This will then push the company to change towards a more sustainable direction.

Actually, I didn't really donate the stocks. I only gave Follow This my vote. I still own the stock.

I'm not sure if there are other initiatives like this, but if so, one could always consider donating the shareholder's vote towards a better future.

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Definitely one of the bad guys.

The stock thing seems kinda cool in theory. I wonder how far away they are away from having enough voting stock to make a difference.