At today ’s yearly shareholder meeting , Apple CEO Tim Cook laid the verbal smack down on conservative investors who want the ship’s company to give up some of its progressive policies .
Apple is one of the most worthful corporation in the world , and , in recent years , the fellowship has been move on some progressive policy , amongst them some environmental one , such as the companionship ’s stated finish to get on 100 - percent renewable energy . In the words of Tim Cook , the company hopes to “ leave the globe better than we receive it . ” That makes sense . You do n’t get to be a huge company without doing some trauma , so investing some of your money in cleaning up after yourself is something of a moral obligation .
Apple ’s policies could be way more reformist , of course , but a lot of people have other things in psyche . Apple has lots of investors and , on the whole , they tend to desire net first and foremost . It should add up as no surprise , then , that a stockholder solving proposed by Justin Danhof from the National Center for Public Policy Research accused Cook and Apple of compromising shareholder stake in favor of specious environmentalism . In light , Danohofisn’t happyabout the company ’s social agenda .
During the Q&A today , Danhof stood up and asked if the society was gain ground environmental policies that were n’t necessarily good for business organization . Cook was n’t disport , harmonise to Apple Insider:”we do a lot of thing for reasons besides lucre motif , ” he is describe to have said , and he even “ recommend that anyone who had a problem with that ‘ should get out of the stock . ' ”
Danhoff expressed his butthurtness in a statement emailed to Gizmodo . Let the climate modification denial lead off :
“ Tim Cook , like every other American , is entitled to his own political views and to be an activist of any effectual sort he care on his own time , ” said Amy Ridenour , chairman of the National Center for Public Policy Research . “ And if Tim Cook , private citizen , does not care that over 95 per centum of all climate simulation have over - omen the extent of predicted ball-shaped warming , and wishes to practice those wrong model to lobby for government policies that raise prices , kill jobs and retard economical growth and extended lifespans in the Third World , he has a right field to lobby as he wish . But as the CEO of a publicly - held corporation , Tim Cook has a duty to , consistent with the law , to make money for his investors . If he ’d rather be CEO of the Sierra Club or Greenpeace , he should apply .
Oh snarl ! Too bad Dahoff ’s resolution was rejected by his fellow shareowner . Hooray for science and social duty . [ Apple Insider ]
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