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Toyota brings up good points worth considering. > Toyota backed the Trump Administration’s lawsuit against California’s stringent emissions rules. > News repo
by anonymouskimmer 3y ago
Toyota brings up good points worth considering.
> Toyota backed the Trump Administration’s lawsuit against California’s stringent emissions rules.
> News reports say the California Public Employees’ Retirement System (Calpers) and New York City’s public-worker pension funds have voted against Mr. Toyoda’s re-election
> The shareholder campaign against Toyota shows how public pension funds and the proxy advisory duopooly of Glass Lewis and Institutional Shareholder Services (ISS) work in concert to exploit corporate governance to push progressive political goals.
Given CalPERS is a creation of the California government it seems that they are at least being consistent in supporting the legislative aims of the California government.