“The support for change is overwhelming,” said Austin Wilson, environmental health program manager at As You Sow. “It’s an important sign that a company’s investors are looking for a certain course of action.”
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Sanderson is the only large U.S. chicken producer that has not committed to curbing the use of the drugs. It had urged investors to vote no on the proposal filed by the non-profits As You Sow and supported by charity Oxfam America.
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“All indications are that demand is increasing,” said Austin Wilson, program manager for activist group As You Sow, which is pushing Sanderson to stop using certain antibiotics.
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The new proposal from the non-profits As You Sow and Oxfam America will get a vote from investors at the company’s annual meeting in early 2018 if it is not successfully challenged by the company with regulators.
“We expect to see a majority vote this year,” said Austin Wilson, environmental health manager at As You Sow.
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As You Sow, an environmental health watchdog group, and members of the Interfaith Center on Corporate Responsibility (ICCR), recently withdrew the proposal following “productive discussions” with the restaurant company.
“This policy is good news for modern medicine and for long-term shareholder value,” said Austin Wilson, environmental health program manager at As You Sow.
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Austin Wilson, environmental health program manager for As You Sow, said the company’s new plan represented progress. Still, he said it was “disappointing, since it is weaker than the standards set in the last year or two by Tyson, McDonald’s and Wendy’s”.
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The proposal from shareholder activists As You Sow, of Oakland, California, and the Sisters of St. Francis of Philadelphia comes as KFC lags rivals McDonald’s Corp (MCD.N), Chick-fil-A, Subway and Wendy’s Co (WEN.O) in setting policies to curb the routine use of antibiotics in chicken production.
“Yum Brands’ silence in the face of this looming antibiotic resistance crisis is bad for business,” said Austin Wilson, As You Sow’s environmental health program manager.
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“This is a massive public health crisis,” said Austin Wilson, who works with As You Sow, a Bay Area nonprofit that, among other corporate citizenship initiatives, urges shareholders of the major movie studios to demand R-ratings for films that feature smoking.
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