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NLPC Blasts SEC’S Proposed Climate-Risk Disclosure Rule

National Legal & Policy Center

The National Legal and Policy Center (NLPC) blasted the Securities and Exchange Commission (SEC) for proposing a politically-driven rule that would require all U.S. companies registered with the SEC to compile and report the estimated impacts of climate change caused by their business operations and companies in their supply chain. In its 17-page comment, NLPC argued that the rule exceeds the statutory authority of the SEC, is unworkable, unnecessary, duplicative of EPA requirements, based on questionable science, does not protect investors’ interest, and will have a costly economic impact on businesses, the United States economy and national security. NLPC’s comments underscored its argument that the SEC is not the ‘Securities and Environment Commission’. The proposed rule by the SEC, under the leadership of liberal activist Gary Gensler, is the latest in the Biden Administration’s efforts to promote ESG (Environment, Social and Governance) policies that they can’t get enacted into law by Congress, such as Senator Elizabeth Warren’s ‘Climate Risk Disclosure Act” bill which would essentially require the same reporting as the SEC rule, and the Green New Deal. “Amid sky-high gas prices and rapid inflation, the Biden Administration should focus instead on addressing these pocketbook issues instead of attacking fossil fuels,” said Peter Flaherty, NLPC’s Chairman. “While woke corporations, like General Motors, are free to voluntarily undertake climate-risk disclosures, they hypocritically ignore the fact that their electric vehicles are powered by coal-burning power plants, which may cause more carbon emissions than gas-powered vehicles, not to mention the impact of mining rare earth metals by child labor in Africa necessary to manufacture the batteries,” said Paul Chesser, NLPC’s Director of its Corporate Integrity Project who addressed the General Motors Board of Directors at its recent annual shareholder meeting. “Congress did not authorize unelected and unaccountable SEC bureaucrats to mandate costly and vaguely defined climate-risk disclosure rules in an end-run around Congress’s proper role to debate and enact such significant legislation, which Senator Elizabeth Warren and her colleagues have failed to do,” said Paul Kamenar, NLPC’s counsel who filed the comments on behalf of NLPC. NLPC will consider legal action to challenge the rule when it is promulgated, likely later this fall. For a copy of the comments filed by NLPC, please click here. ### NLPC’s Corporate Responsibility Project promotes integrity in corporate governance, including honesty and fair play in relationships with shareholders, employees, business partners, and customers. NLPC representatives have attended companies’ annual shareholder meetings to advocate the interests of stockholders and oppose petitions by activists who advance one-sided special interests supported by woke corporate management. NLPC also opposed SEC’s Nasdaq so-called Board Diversity Rule last year as an illegal quota and tokenism. Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. Contact Details National Legal and Policy Center Paul Kamenar +1 301-257-9435 paul.kamenar@gmail.com Company Website http://www.nlpc.org

June 20, 2022 02:38 PM Eastern Daylight Time

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NCMA and NASPO Develop Contract Management Organizational Capability Program to Maintain Public Trust

National Contract Management Association

The National Contract Management Association (NCMA) and the National Association of State Procurement Officials (NASPO) have created a unique, collaborative program designed to improve the competence and capabilities of state public procurement workforce. This program, already in pilot phase, brings together two organizations dedicated to supporting contract and procurement professionals. The Contract Management Organizational Capability (CMOC) program explores the Contract Management Standard™ (CMS™) and the Contract Management Body of Knowledge® (CMBOK®) through the flow of the CMBOK Competency System. The CMOC is comprised of the following content: Foundational Knowledge: The competencies of NCMA’s CMBOK® will serve as the foundation for the program. Added Value Knowledge: The content of NASPO’s “ State & Local Government Procurement: A Practical Guide ” will provide best practices in Public Procurement and establish a link from the CMBOK competencies to State procurement rules and regulations. Targeted Knowledge: The State’s procurement rules and regulations will be discussed with emphasis on areas deemed important by the State. “Leading contract management practice is a direct result of one’s ability to apply leadership, management, and technical competencies as a single, integrated process,” said Kraig Conrad, NCMA CEO. “The launch of the CMOC program instructs the interactive relationships of the CMS and CMBOK domains, competencies, and job tasks, which are independently and jointly performed by buyers and sellers.” Beginning in February, NASPO ran a pilot of the CMOC program with the Washington, D.C. Office of Contracting and Procurement. Through eight weeks of an instructor-led course, paired with online materials, discussion board interaction, assessments, and a final exam, students were eligible to receive 45 CPEs and a certificate of completion. Of the 22 students enrolled in the D.C. pilot program, 100% passed the final exam with an average score of 84% (with a minimum passing score of 70%). “The CMOC program offers a new option for state procurement offices seeking to establish training programs for contract management staff,” said Lindle Hatton, NASPO CEO. “We are proud to be a part of the CMOC creation, and we are excited to continue the rollout to the state procurement offices that NASPO represents. Participants that have completed the CMOC program can be proud of their accomplishments.” George Schutter, Chief Procurement Officer for the Washington, D.C. Office of Contracting and Procurement added, “The District of Columbia Government Office of Contracting and Procurement was honored to serve as the pilot site for the CMOC program. Maintaining public trust is one of our top priorities, and the elements of the certificate program speak directly to that by focusing on recognized standards of competent service. Including District-specific regulations in our course means that our contracting and procurement staff receive customized training that meets their obligations to District citizens.” For more information about the Contract Management Organizational Capability (CMOC) program, reach out to NCMA. The National Contract Management Association (NCMA), which was founded in 1959 and is the world’s leading association in the field of contract management. The organization, which has over 18,000 members, is dedicated to the professional growth and educational advancement of procurement and acquisition personnel worldwide. NCMA strives to serve and inform the profession and industry it represents and to offer opportunities for the open exchange of ideas in neutral forums. To find out more, please visit www.ncmahq.org. NASPO was established in 1947 and is dedicated to advancing Public Procurement through leadership, excellence, and integrity. It is made up of the directors of the central purchasing offices in each of the 50 states, the District of Columbia, and the territories of the United States. NASPO is an organization that helps its members achieve success as Public Procurement leaders through promotion of best practices, education, professional development, research, and innovative procurement strategies. Contact Details NCMA Jennifer Knowlton +1 571-382-1127 jennifer.knowlton@ncmahq.org NASPO Kelly McKown King +1 859-514-9159 KMKing@naspo.org Company Website https://www.ncmahq.org/

June 20, 2022 01:00 PM Eastern Daylight Time

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Spokane Natives Christy and Scott Johnson Buy 32-Year Business Plese Printing and Marketing, Rebrand as Minuteman Press – Spokane

Minuteman Press International Inc

Plese Printing & Marketing, which has been in business for 32 years and is independently owned by Kim Plese, has been sold to Spokane natives Christy and Scott Johnson. Christy and Scott have rebranded the business as Minuteman Press – Spokane and are operating out of the same location at 4201 E. Trent Ave. On the sale of her business, Kim Plese says, “I had no intention of selling my business as we were growing rapidly after the pandemic. Suddenly, my longtime production manager of 12 years had passed away and I was devastated. He was only 36 years-old at the time of his passing. When Minuteman Press Regional Vice President Chris Jutt contacted me, it happened to be two months later and I decided it was time to think about selling. I took his call seriously and we moved forward from there.” She continues, “My business was my ‘baby’ and it’s an emotional process to sell. Minuteman Press and Chris Jutt’s patience and understanding were enormous in guiding me during this time.” “Minuteman Press had qualified buyers (and Spokane natives) Christy and Scott Johnson ready to purchase a company like mine. I was able to transition out of the business with ease and there was little I had to do in regard to training. I am so grateful to Chris Jutt and Minuteman Press for making this happen for me. I am now able to transition to the next chapter of my career.” -Kim Plese, former owner, Plese Printing & Marketing (now Minuteman Press – Spokane) Spokane Natives Return Home to Realize Their Dream For Christy and Scott Johnson, buying a business in Spokane enables them to return to their hometown and be near family and friends. Christy says, “ We enjoy getting to know our customers many of whom are also small business owners. It’s wonderful to have the opportunity to support our customers and the many causes and entities that they represent. Scott is originally from Spokane and I grew up in Cusick. Buying this business has allowed us to move back to Spokane, which has been fantastic.” They chose to buy Plese Printing & Marketing and join the Minuteman Press franchise network so that they could hit the ground running with established business while also being fully supported and trained in the industry. Scott says, “We loved meeting with Kim Plese and learning how she built her business over the past 32 years. Minuteman Press has a program that connected us with Kim and helped us transition into ownership of the business. It’s a dream come true to buy this business and also receive training and support along the way.” Before buying the business, Scott worked as a Mechanical Engineer and Christy worked as an Accountant. Scott says, “I spent 24 years as a mechanical engineer working in semiconductor quality and reliability and building technical teams around the globe. Christy is an accountant and started in corporate America. Over the last decade, she has been working for small businesses filling many roles in Finance, HR, and Operations Management. She has broad experience working in and with small businesses.” He continues, "Several of my family members have owned successful businesses in Spokane so it seemed natural to take this step." “We are so excited to serve our customers in Spokane and the surrounding areas with the products and services they need to market, grow and operate their businesses. Our services include: Every Door Direct Mail, Variable Mail Service, Banners, Yard Signs, Business Cards, Product Labels, Rack Cards, Tri-Fold Brochures, Personalized Letterhead, Envelopes, 2 part & 3 part customized carbonless forms, Custom made to order spiral bound books, Self-Covering Booklets, and Promotional Products. We also offer solutions for branding your physical office space, such as customized wall wraps, window graphics, and Indoor and Outdoor Signage. We intend to add vehicle wraps in the future. The business we purchased already has the equipment, employees, and capability to do this work. Bring us your wish list and together we will make it happen!” -Scott Johnson, co-owner, Minuteman Press – Spokane When asked what he loves most about owning a business vs. having a job, Scott answers, “We love that we set our own schedule and that the time and the hard work we put in is for our own benefit. We have our own vision how we want to run our business as well as the internal workplace culture we like, and owning our own business allows us to make it what we want.” Reflections on the Purchase and Sale of the Business With the sale of Plese Printing & Marketing complete, Scott Johnson and Kim Plese reflect on their experiences as buyers and sellers, respectively. Scott Johnson says, “We had tried to purchase other small businesses in the past, but it’s daunting to evaluate and try to find a good fit. With Minuteman Press, there was someone available to help with the process, give advice, and answer questions. I would suggest doing a lot of research to find a good fit with your goals and expectations. The education process took many years for Christy and I and to find a good fit, and we found it with Minuteman Press – Spokane.” Kim Plese concludes: “ As the Owner/President of Plese Printing and Marketing in Spokane, Washington for over 32 years, I can say without hesitation that my experience with Minuteman Press and Chris Jutt, Regional Vice President PNW, has been amazing to say the least. I would highly recommend Minuteman Press to anyone who might be considering selling their independent printing business. The family-owned Minuteman Press business enterprise has 45 years of success in the printing industry. I was able to sell my business for a fair market price knowing that all my years of hard work was going into good hands. My entire staff stayed on after the sale and my customers are satisfied knowing that they have the great service and quality products they've known for years. I was able to transition out of the business with ease and now I am able to pursue a career in politics and run for an important seat as a County Commissioner for Spokane! I am so grateful to Chris Jutt for making this happen for me. It's been a complete pleasure from beginning to end.” Minuteman Press – Spokane (formerly Plese Printing & Marketing) is located at 4201 E. Trent Ave., Spokane, WA 99202. For more information, call Christy and Scott Johnson at 509-534-2355 or visit their website: https://minuteman.com/us/locations/wa/spokane/ Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com. To find out how to sell your printing business through Minuteman Press International, visit https://bit.ly/minutemanpressconversions Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

June 20, 2022 10:00 AM Eastern Daylight Time

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Upgrading the Decaying US Energy Grid with Renewables. Interview with Jim O’Neil Vice Chairman and CEO, Orbital Energy Group, Inc.

Orbital Energy Group, Inc.

Contact Details Orbital Energy Group Investor Relations +1 832-467-1420 investors@orbitalenergygroup.com TraDigital IR Kevin McGrath +1 646-418-7002 kevin@tradigitalir.com Company Website https://www.orbitalenergygroup.com

June 17, 2022 09:00 AM Eastern Daylight Time

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SensorView Participating in International Microwave Symposium

SensorView

SensorView, a provider of creative and competitive solutions for the next generation of 5G, announced its participation at the 2022 IEEE MTT-S International Microwave Symposium (IME) in Denver, Colorado June 21-23, 2022. At the event, SensorView will be showcasing its cutting-edge 5G solutions as it continues its entry into the United States marketplace. Founded in South Korea, SensorView, a top 5g company, is increasing its presence in the United States’ commercial, defense, and aerospace markets. SensorView’s portfolio of products includes cables, connectors, antennas, and testing devices. Among the products SensorView will display at IME includes its advanced in-building transparent 5G antenna. “We are excited to participate in IME this year. Industry leaders are always impressed when they experience our transparent antenna. With its transparency, low latency and high gain, our product is revolutionizing antenna design,” said Sabahattin (Sebi) Karakus, SensorView’s North American Sales Director. “Our transparent antennas can be integrated into any signage, such as exit or restroom signs, and uses almost 60% less non-recyclable material than traditional antennas.” SensorView’s strong management team, patented technology, and vertically integrated operations create competitively priced products that are lower weight with greater flexibility, low latency, low loss, and feature superior EMI shielding. Jaeseon Kim, Global Sales Director at SensorView, added, “At SensorView, we design products with thoughtful integration into a client’s systems. Our high quality and advanced technology allow us to support key industry leaders and partners like Samsung and Qualcomm.” SensorView’s strong management team, patented technology, and vertically integrated operations create competitively priced products that are lower weight, with greater flexibility, low latency, low loss, and EMI shielding. Gary Sumihiro, founder of Sumihiro Investments and its affiliate MPG Ventures and the Honorable Betsy Markey, advises SensorView on its US strategies. ### About SensorView SensorView Korea was established in 2015 and operates in the verticals of cables, antennas, connectors, testing devices, and materials, all critical components in the 5g commercial, defense, and aerospace industries. In 2019, the Korean Ministry recognized SensorView as one of the country’s most innovative 5G companies. SensorView US launched in 2020 to focus on the North American markets. Please visit http://www.sensor-view.com/. For more information or to schedule an interview with a SensorView spokesperson, contact Dan Rene at 202-329-8357 or media@sensor-view.com Contact Details SensorView Dan Rene +1 202-329-8357 media@sensor-view.com

June 16, 2022 10:00 AM Eastern Daylight Time

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Velocity Global Adds Prominent HR Thought Leader and DEI Changemaker Nzinga Shaw as Global Advisor

Velocity Global

Velocity Global, the leading provider of international talent solutions, is proud to add Nzinga “Zing” Shaw as a global advisor. Shaw joins Velocity Global to help pave the way for a more culturally diverse and equitable future of work for talent across 185 countries. “I’m excited to work with Velocity Global and share my experiential knowledge with its vast network and clientele,” said Shaw. “I know how vital it is for organizations to empower their employees and build a strong and rewarding corporate culture by committing to diversity and putting people first.” “As a company whose employees and clients span the globe, it's important that our partnerships represent who we are and what we believe in. Velocity Global holds diversity, equity, and inclusion as top priorities and we’re honored to work with Zing as her expertise will elevate our own initiatives and provide our leaders with invaluable guidance,” said Sarah Fern, chief people officer at Velocity Global. Shaw is an award-winning DEI changemaker who has led impactful growth as the first-ever chief diversity officer for the NBA, working with the Atlanta Hawks. She has led the global DEI functions for major brands such as Starbucks and Edelman and has held additional HR roles with the NFL and YES Network. Zing is currently president of the global DEI & ESG practice for ZRG Partners, a specialized talent advisory and executive search firm where she leads impactful DEI program implementation. Shaw has been a trusted advisor on a number of corporate and nonprofit boards, where her expertise on HR and other matters is highly sought after. She currently serves on the committee for the Velocity Global Impact Award, an honor that celebrates LPGA and LET players who have helped grow the sport of golf and inspired the next generation of athletes to positively impact the world. The Velocity Global Impact Award Committee comprises women of diverse backgrounds, all of whom are dedicated to advancing opportunities for women both professionally and athletically. About Velocity Global Velocity Global accelerates the future of work for anyone, anywhere, anyhow. Its Global Work Platform™ simplifies the employer and talent experience through its proprietary cloud-based talent management technology, backed by personalized expertise and unmatched global scale. With talent solutions in more than 185 countries and all 50 United States, the platform combines global Employer of Record and Contractor Management to onboard, manage, and pay talent worldwide. Thousands of brands rely on Velocity Global to build global teams without the cost or complexity of setting up foreign legal entities or state registrations. Velocity Global was named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees across six continents. For more information, visit velocityglobal.com. Contact Details Velocity Global Janessa Rivera +1 720-650-4348 news@velocityglobal.com Company Website https://velocityglobal.com/

June 16, 2022 07:00 AM Mountain Daylight Time

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Here are the Best Workplaces™ in Chicago, Texas, New York, and the Bay Area, according to 1 million employees

Great Place to Work

The debate around the best U.S. region to work—the Midwest, South, East or West coast—can be settled. The results are in: All of them. This year’s analysis of the Best Workplaces in Chicago, Texas, New York, and the Bay Area revealed that it’s not about where you work, but who you work for and what they offer. “Great companies are great regardless of where they are,” says Michael C. Bush, CEO of Great Place to Work®. “Stop asking about the ‘where’ and start looking at the ‘what.’ What these winning companies are doing has nothing to do with where they’re located and everything to do with their values and how they support their people. They offer them meaning, purpose, pride and fairness. Zip code isn’t the differentiator, cultures are.” Great Place to Work determined the Best Regional Workplaces using over 1 million employee survey responses and data from companies that predict the experiences of more than 6.1 million employees. (The Best Workplaces in Chicago ™, Best Workplaces in Texas ™, Best Workplaces in New York ™, and Best Workplaces in the Bay Area ™ are part of the Best Regional Workplace list.) The 330 winning companies of all sizes (small, medium and large) outperform the average U.S. workplace in productivity, retention and recruitment. Employees from winning workplaces are: More than twice as likely to give extra to get the job done Nearly twice as likely to recommend their workplace to friends and family Almost half as likely as their peers to leave their company What drives such loyalty and dedication, which every CEO craves? Topping the list: purpose. “No one should be surprised by this,” Bush says. “‘Purpose’ might be the word of 2022. What do employees want? That. It’s on every leader to make sure every worker, regardless of role and location, understands how what they do affects your organization’s greater purpose. They need to know their work has meaning and matters—that they matter. You better make that crystal clear if you want to earn their trust and keep them on board, and these great workplaces get it and do it.” Top 5 retention drivers The top predictors of retention common in all regions include employees who: Feel their work is meaningful and not “just a job” Are willing to endorse their company to friends and family Take pride in their organization Feel their company is a great workplace The fifth retention driver varies between regions. Employers can double the odds that their employees will stay, if their employees Feel they make a difference (Bay Area) Say it’s a fun place to work (Chicago & New York) Are treated like a full member of the organization, regardless of role (Texas) Regional strengths and improvements A breakdown of the biggest areas of improvement over the past year by region. Texas-based workplaces prioritize fairness at work. Winning companies in Texas prioritized inclusiveness and homed in on fairness and equality. They create a level playing field by avoiding favoritism, promoting the most deserving employees and avoiding politicking and backstabbing. Chicago leaders improved in competence. Winning workplaces in Chicago saw the biggest improvement in leadership competence. They improved the most by involving employees in decisions that affect them, managing work well, and ensuring promotions go to those who deserve them. New York-based workplaces got more innovative. Celebrating innovation, increasing cooperation, and giving discretionary effort (i.e., giving extra to get the job done) saw gains among winning New York workplaces. Bay Area employees got support. Responsibility increased for Bay Area employees, and while it is a compliment to be trusted, employees must also be supported and cared for as their responsibility grows at work. Winning workplaces take care of their people. Visuals available: Regional winners outperform average U.S. workplace; Regional winners offer more supportive workplaces About the Best Regional Workplaces Great Place to Work® selected the Best Workplaces™ in Chicago, Texas, New York, and the Bay Area in 2022 based on feedback collected through America’s largest ongoing annual workforce study of over 1 million employee survey responses and data from Great Place to Work-Certified™ organizations representing more than 6.1 million employees across the United States. Company rankings are derived from 60 employee experience questions within the Great Place to Work Trust Index™ survey. Read the full methodology. To get on this list next year, start here. About Great Place to Work® Great Place to Work® is the global authority on workplace culture. Since 1992, it has surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Its employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything it does is driven by its mission to build a better world by helping every organization become a Great Place to Work For All™. Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram. Contact Details Great Place to Work Kim Peters +1 415-844-2574 kpeters@greatplacetowork.com Company Website https://www.greatplacetowork.com/

June 15, 2022 07:00 AM Eastern Daylight Time

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Long-Time Indianapolis Fruit Leader Stepping Back

FreshEdge

Indianapolis Fruit, a member of the FreshEdge family of produce and specialty food companies shares that, effective July 4, 2022, John Cunningham will transition from COO of Indianapolis Fruit to Distribution and Retail Advisor. He will focus on deepening customer relationships, mentoring and developing the evolving executive team, and advising on strategic initiatives. “We’re excited for John to continue positively impacting our team and our customers’ business. He has a tremendous track record of elevating performance,” said Daniel Corsaro, President of Indianapolis Fruit Company. “John has been a great member of our family and has been critical to our growth and development! We are very grateful for everything he has done and look forward to the insight and great things that he will accomplish with our evolving leaders,” said Greg Corsaro, President and COO of FreshEdge, LLC, the parent company of Indianapolis Fruit. “I’m excited to announce that after 40 plus years in the produce industry and 19 with Indianapolis Fruit and the FreshEdge Team, I’ve decided to step back. I’m looking forward to enjoying my personal and professional life at a different pace. I’m eager to continue to work with Daniel Corsaro and our team to enhance our retail merchandising and education programs,” said John Cunningham, Indianapolis Fruit Company. Indianapolis Fruit will continue to be led by Daniel Corsaro, President, and the existing executive team. As part of this transition, Ross Nelson will transition from Vice President of Retail Execution to Vice President of Procurement. About Indianapolis Fruit Indianapolis Fruit, a FreshEdge company, distributes fresh produce, value-added, specialty foods, and floral to retail grocers in 20 states across the Midwest, central, and southeastern areas of the United States. Offering more than 3,500 available skus, 500 plus organic items, and a full-service fresh cut division, Indianapolis Fruit continues to deliver on what consumers want. For more information, visit www.indyfruit.com Contact Details Indianapolis Fruit Company Daniel Corsaro, President +1 317-981-3442 dccorsaro@indyfruit.com Company Website https://indyfruit.com/

June 14, 2022 10:44 AM Eastern Daylight Time

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Shareholder to GM: Disclose Child Slave Labor in Your EV Supply Chain

National Legal & Policy Center

Today, Paul Chesser, Director of the National Legal and Policy Center’s (NLPC) Corporate Integrity Project, presented remarks at General Motors Company’s annual meeting to support a shareholder resolution the ethics group filed with the company. The proposal would have required the report to shareholders the degree to which its business – which has become heavily dependent on rare earth metals mining for its electric vehicle production – is dependent on child slave labor. The full text of Chesser’s remarks are below: I’m Paul Chesser, director of the Corporate Integrity Project for National Legal and Policy Center. I, and my organization, have questioned the wisdom of General Motors’ aggressive pursuit of electric vehicles since the early 2010s, when Chevrolet introduced the nonviable, electric Volt. Even with the benefit of millions of dollars in taxpayer subsidies, Chevy could not make the Volt popular. Now there is renewed fanaticism for electric vehicles from corporate management, the corporate media, and the failed Biden administration. But EVs are no more viable now than they were ten years ago, despite the appearance. The only reason they have incrementally gained any popularity is because of the Biden administration’s attacks on the oil and gas industry. Any product can gain popularity when the government inflicts blow after blow against its primary competition. As a viral video from ten years ago stated, “If I wanted America to fail…I’d make cheap energy expensive, so that expensive energy would seem cheap.” Government is also making this happen by delivering millions of dollars in subsidies for EV charging infrastructure and battery manufacturing, among other market distortions. Americans are furious with this policy, especially every time they refill at the gas pump. Whether you acknowledge it or not, GM is complicit in this disastrous policy that this unpopular administration dismisses as an energy “transition.” You know, the way they dismissed our current inflation woes as “transitory” just a few months ago? Just as the administration and the Fed missed the obvious telltale signs of a longer-term problem, so also is GM’s leadership missing the big picture on EVs, in exchange for a short-term benefit, which will come at the expense of shareholders. Almost certainly you will see a very different-looking, less EV-friendly Congress come November. In fact, you will likely see great hostility towards this so-called energy “transition.” GM may get away with some minimal benefit now, but what you may gain in short-term market share, your propaganda will lose long-term. For example, regarding our shareholder resolution, GM loses the moral high ground on EVs because their components are heavily dependent on metals mined in Third-World countries, many of which are owned or controlled by the communist Chinese, who are among the worst abusers of human rights. Our resolution seeks transparency about GM’s supply chain for eliminating the possibility that child labor is used in mining these metals that are needed for EVs. GM’s response in the proxy is less-than-assuring, by citing things like “codes of conduct,” “statements,” “policies,” and “standards” that suppliers are allegedly required to sign on to. Sorry, but hiding behind bureaucratic jargon is no substitute for first-hand scrutiny and accountability about your supply chain. We urge shareholders to vote for GM to produce more meaningful and transparent information about how its vulnerable supply chain operates. END REMARKS “General Motors, in its aggressive pursuit to mass produce electric vehicles in order to surpass Tesla, has both a human rights problem and a China problem,” Chesser explained. “The company hides behind platitudes and claims that its suppliers must sign ‘promises’ to not use child slave labor in its metals mining, but those are no substitute for direct scrutiny and verification. GM must be more transparent about its supply chain vulnerabilities if it is going to pursue this economically questionable product line.” NLPC has filed more than two dozen shareholder resolutions this proxy season, and appeared at the annual meetings of Berkshire Hathaway, Disney, Coca-Cola, Amazon, Twitter, Meta, and many others. ### Please visit http://www.nlpc.org. Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

June 13, 2022 03:59 PM Eastern Daylight Time

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