Gene modified crop spurs investor revolt

[flashl]

Source: Financial Times

A group of socially con­cer­ned US investors has launched a public campaign calling on food companies not to use a controversial new genetically engineered sugar beet crop that is to be planted for the first time this spring.

The Interfaith Center on Corporate Responsibility (ICCR) is calling on consumers to write to 63 companies, including Heinz, Campbell’s Soup, General Mills and Kraft, asking them to say they will not use a new sugar beet strain developed by Monsanto.

The ICCR is a coalition of more than 300 faith-based institutional investors that has been in the vanguard of successful efforts to make companies more responsive to a range of social and environmental concerns.

Its members have filed shareholder resolutions calling on the McDonald’s and Wendy’s restaurants chains and Safeway supermarkets to label products that contain genetically engineered ingredients.

Financial Times

Read more: http://www.ft.com/cms/s/0/ca1e5c14-ea3d-11dc-b3c9-0000779fd2ac.html

[crickets]

1. Good.

label products that contain genetically engineered ingredients

Oh, how I love that idea. It would show me exactly what not to buy. Nice to see somebody standing up to Monsanto.

K&R

[mia]

2. The ICRR seems to personify what religious life should be about.

Thanks for the link to this article. I had never heard of this group before and just spent some time looking over their website.

http://www.iccr.org/