Calvert has won support among 8% of shareholders at Hewlett Packard for a resolution encouraging the company to improve its policies on computer waste. Calvert believes that last Friday’s vote was the first of its kind, and is pushing similar measures at five other computer manufacturers.

Owners of 92.5 million shares agreed that HP should consider strengthening its computer recycling programs and assess how the impending merger with Compaq will affect its computer waste strategies. Although Calvert advocates a socially conscious agenda, its reasons for supporting the computer disposal measure are also founded in the balance sheet, said Julie Frieder, an environment analyst at Calvert

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