Video: Let’s Talk About Shareholder Power
Video Transcript:
So, people are talking about shareholder power, but you’re not exactly sure what they mean. Let’s talk about it and how it relates to public pensions.
When your pension fund owns shares in a company, it’s not just a bystander — it’s an owner. And with ownership comes influence.
Shareholder power lets pension funds vote on corporate policies, elect board members, and push for more responsible business practices. It’s one of the strongest tools workers have to ensure the companies they’re invested in align with their long-term interests. That includes how companies manage climate risk, treat workers, and prepare for a just and ethical transition.
However, this power is currently under attack in the U.S. through policy changes aimed at silencing worker voices. This makes it more critical than ever for beneficiaries to be actively involved. When pension funds use their shareholder power strategically, they can protect both the planet and the retirement security of the people who depend on those funds. With current efforts to weaken shareholder rights in the U.S., it is more important than ever for beneficiaries to get involved.
If you want to get involved, start by learning how your pension fund votes on shareholder resolutions and start conversations with coworkers and trustees about how your fund is voting on key issues.
Follow for more on how shareholder power can drive meaningful change on the issues that mean the most to you.