Owners of 92.5 million shares agreed that HP should consider strengthening its computer recycling programs and assess how the impending merger with
"This is not just an environmental issue; it is a matter of strategic importance. Computer producers already face regulations in Europe, Japan and in several states in this country," Frieder said. The firm owned 21,531 shares of Hewlett Packard at the time of the meeting.
While Calvert garnered the support of less than 10% of shareholders, even that may be enough to influence policies at HP. A vote of only 5.2% at
According to Calvert spokeswoman Elizabeth Laurienzo, the firm has proposed 27 resolutions this season. Some have met with similar success. Some have been withdrawn prior to a shareholder meeting because of adequate company response. And some have been disallowed by the