Search OCA:
Get Local!

Find Local News, Events & Green Businesses on OCA's State Pages:

OCA News Sections

Organic Consumers Association

How You Might Be Investing in Monsanto's Toxic Legacy without Realizing It

For Related Articles and More Information, Please Visit OCA's Genetic Engineering Page and our Millions Against Monsanto Page.

Monsanto didn't achieve $11.8 billion in sales and 404 facilities in 66 countries all on its own.

The company is valued at $60 billion in the marketplace with 525 million shares outstanding, but the three largest mutual fund shareholders, Vanguard, Fidelity and State Street, own nearly 16 percent of Monsanto stock. By comparison, the seed giant's CEO Hugh Grant owns less than 1 percent.

This all means there's a solid chance that the toxic law manipulator may be nestled somewhere in your mutual fund or 401(k) plan. Those findings are part of a six-month investigation by Food Democracy Now! that results in the launch of a global divestment campaign against Monsanto.  



Whether it's by contacting a financial advisor to dump Monsanto investments or strategically opting into funds that aren't linked to Monsanto or other chemical or biotech companies, the organization is encouraging people around the world to divest.

"Monsanto is a ruthless corporation that operates beyond the ethical boundaries of what is acceptable for a healthy democratic society, said Dave Murphy, founder and Executive Director of Food Democracy Now!, said in a statement. "For decades its executives lied about the harm of its toxic chemicals, intimidated scientists and bullied farmers to put profits over human health and public safety.

"It's time to broaden socially responsible investing to confront the significant harms that Monsanto has caused."

The organization likens Monsanto to tobacco corporations like Philip Morris and RJR Reynolds that most never knowingly invest in.     


>>> Read the Full Article

For more information on this topic or related issues you can search the thousands of archived articles on the OCA website using keywords: