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Own Stock? Vote to Help Animals

Written by PETA | April 15, 2011

Sometimes, in order to beat ‘em, you have to join ‘em. That’s what PETA does when we buy stock (or use stock donated to us by supporters) in companies that conduct experiments on animals so that we can submit shareholder resolutions against animal testing. This year, PETA has submitted resolutions to General Electric, Johnson & Johnson, and Pfizer, which have shareholder meetings coming up in the next few weeks, and Bayer, Proctor & Gamble, and Covance, whose meetings aren’t far behind.

We’re calling for more transparency regarding the experiments that these companies conduct, accountability for not meeting minimum animal welfare regulations, and increased use of non-animal methods. Anyone who owns stock in these companies can vote in favor of PETA’s resolutions.

Pfizer and Bayer both contracted out their experiments to notorious animal hellhole Professional Laboratory and Research Services, Inc. (PLRS) until the facility shut down following a PETA investigation. Aside from the pain of toxicity testing, animals at PLRS endured oozing wounds, abscessed teeth, parasite infestations, bloody feces, hematomas, infections, and physical and verbal abuse by employees.
 


 

Because our resolutions appear in materials that go to all stockholders (educating them about cruel policies), most of the companies challenged PETA’s resolutions, but our attorneys fought hard and won the right to take our case to the shareholders.

If you or anyone you know holds stock in these companies, please vote in favor of PETA’s shareholder resolutions. If you would like to donate stock in a company so that PETA can file a shareholder resolution, e-mail PlannedGiving@peta.org.

Written by Michelle Sherrow

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  • Sharon says:

    Hey Ralph, how the heck do you think PETA got Fortune 100 companies talking to them and working to reduce the animal tests they conduct — out of the goodness of their hearts? Or because PETA forced them into discussions via a shareholder resolution? Why assume the folks at PETA don’t know what they’re doing? As I understand it, lots of people are willing to let PETA use the stock they own in order to bring resolutions in their name.

  • Jane says:

    Sometimes working form the inside out works. If all PETA members bought a stock a donated it, then PETA could end up with a more impressive percentage. I see what PETA is trying to do here. It is a creative approach. At least give it a trial run and then determine if it is an effective approach.

  • Ralph says:

    OK, let’s get this straight: you purchase stocks to give shareholder resolutions that are not going to be heard because you have a few hundred versus thousands if not more by others who really don’t care. Have you ever cottoned on that you also SUPPORT these groups by default when you purchase the stock, as the money goes toward these tests? PETA, use logic… please. Find another way to get your point across without supporting this testing by default when you know these resolutions are going to be tossed.

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