Posts tagged with: Genetically modified food

Our religious shareholder activist buddies in As You Sow and the Interfaith Center for Corporate Responsibility can welcome Neil Young in their ill-advised battle against genetically modified organisms. Seems ol’ Shakey – as Young is known to his friends, family and hardcore fans – has released a song that could’ve been written from all the GMO falsehoods and scare tactics spread by AYS and ICCR, including:

More than 60 percent of all processed foods available today contain GE ingredients such as soy, corn, or canola; and because in the U.S. there is no mandate that GE food be labeled, most consumers are most likely unknowingly consuming them. ICCR members call on food and beverage companies to apply the precautionary approach in decision making until such time as science can rule out any harmful side-effects and further advocate for the consumers’ right to know through proper labeling of GMO ingredients in all products. Moreover, seed and chemical companies are asked to monitor and disclose potential health effects, particularly unknown allergenic effects; environmental impacts of GMOs; and respect for and adherence to seed saving rights of traditional agricultural communities. – ICCR

Genetically Modified Organisms (GMOs) are plants or animals that have had their DNA modified by laboratory processes to have specific characteristics. When the first genetically modified (GM, also known as genetically engineered, GE) crops were introduced, the biotechnology industry claimed they would increase crop yields, decrease pesticide use, improve nutrition, and more. However, in the fifteen years since GMOs were first commercialized, they have delivered negligible benefits and raised significant environmental, public health, and food security concerns. (more…)

As You Sow (AYS), a shareholder activist group, was rebuffed last month in a move to curtail the use of Abbott Laboratories’ genetically modified organisms in its Similac Soy Isomil infant formulas. The defeat of the resolution marks the third year Abbott shareholders voted down an AYS effort to limit and/or label GMO ingredients by significant margins. This year’s resolution reportedly garnered only 3 percent of the shareholder vote.

Such nuisance resolutions fly in the face of the facts: GMOs have been found to be completely safe and, further, benefit the environment by increasing crop yields, thereby reducing the land area required for farming, as well as significantly reducing the need for pesticides. Try telling that to the AYS activists, whose 2015 Abbott resolution states:

 Shareholders request the Board of Directors publish within six months, at reasonable cost and excluding proprietary information, a report on genetically engineered ingredients contained in nutritional products sold by Abbott. This report should list Abbott product categories that contain GMOs and estimated portion of products in each category that contain GMOs, and discuss any actions management is taking to reduce or eliminate GMOs from its products, until and unless long-term studies show that the genetically engineered crops and associated farming practices are not harmful to the environment, the agriculture industry, or human or animal health.

“The full story is that GMOs are having a significant environmental impact and no agency is monitoring for health effects,” fretted Margaret Weber, corporate responsibility director at the Congregation of St. Basil of Toronto, an AYS member, one year ago. “In fact, monitoring for health impacts is nearly impossible because in the US, where the vast majority of GMOs are grown and consumed, there is no labeling.” (more…)

figure6A new report out of the U.K. shows just how muddled discussion on genetically modified crops really is. Late last week the U.K. House of Commons Science and Technology Committee published: “Advanced genetic techniques for crop improvement: regulation, risk, and precaution.” Very broadly, this report set out to look at the “challenge of feeding a burgeoning global population, using few resources,” specifically the use of GMOs, as well as the “EU’s current regulatory regime for genetically modified organisms (GMOs).”

The report acknowledges that no single type of food can end the difficulties feeding the global population; however, “novel crops could play an important role in helping tomorrow’s farmers to produce more from less.” The report found major obstacles keeping innovations like this from wider use:

The EU’s current regulatory regime for genetically modified organisms (GMOs) threatens to prevent such products from reaching the market, both in the UK, in Europe and, as a result of trade issues, potentially in the developing world.


ss_101382800Taking advantage of every Super Bowl XLIX opportunity to empty a sack full of football tropes, Green America unleashed an email this week, seeking your writer’s help in pressuring Sabra Hummus to discontinue use of genetically modified organisms. The tasty product, distributed by Sabra Dipping Co., LLC and 50-percent owned by PepsiCo Inc., goes well with chips and soft drinks on game day but has raised the ire of anti-GMO activists Green America and the Interfaith Center on Corporate Responsibility. The Green America email reads:

Sabra Hummus is the official dip of the NFL and one of the major backers of Super Bowl XLIX. The Super Bowl is a huge marketing opportunity for Sabra to continue to misinform consumers by promoting its product as a healthy alternative to traditional halftime snacks. The reality is quite different – Sabra hummus is laden with GMOs. It doesn’t matter if your favorite team isn’t playing, or if you are not a big fan of football. This is an important time to speak up and tell Sabra to score a touchdown by removing GMOs.


Blog author: bwalker
Tuesday, November 25, 2014

yamsLet’s face it – if not for genetically modified organisms, many of us wouldn’t be celebrating Thanksgiving in the traditional sense. Instead of turkey, cranberries and sweet potatoes, we’d be reduced to something far less appealing such as, say, Beans-and-Franksgiving.

Unfortunately, some shareholder activists – including those affiliated with As You Sow – work long hours to ensure GMOs are eliminated as a dinner option. According to the AYS website:

The genetic modification or engineering of plants and animals has become a significant economic and environmental issue. As investor advocates, we are concerned that many companies are exposed to material financial risk from the environmental, food security, and public health issues associated with GMOs.

Currently, 85% of corn, 93% of soybeans, and 82% of cotton in the U.S. is genetically engineered. It is estimated that 75% of processed foods in supermarkets contain GMOs. The U.S. Food and Drug Administration, the Department of Agriculture, and the Environmental Protection Agency do not conduct or require long-term safety studies on the environmental or health impacts of GMOs. Independent researchers, however, have documented the increasing environmental impacts and negligible benefits of genetically modified crops, and the significant and growing consumer preference to avoid them.


godzilla1954cFear of the unknown hazards of technology has been the inspiration for science fiction cautionary tales from Mary Shelley’s Frankenstein to Japanese superstar Godzilla. Sadly, this fear extends to the harmless – and indeed extremely positive – applications of science in contemporary agriculture, especially when it comes to producing cheap, plentiful food for people on every rung of the economic ladder.

Modern agriculture’s ability to feed the Earth’s population is nothing short of miraculous. Modern science and practices have enabled the farming sector to raise livestock and grow crops capable of offering inexpensive nutrition to the majority of the world’s billions. One group whom one would think ecstatic at such developments would be the religious shareholder investors at the Interfaith Center for Corporate Responsibility. The ICCR folk, however, turn up their noses at genetically modified organisms that have revolutionized agriculture over the past 20 years, making it possible to grow drought-resilient and pest-resistant crops. (more…)

GM-corn-mIn Wednesday’s Wall Street Journal, Matthew Dalton reported that the European Union likely will approve a genetically modified organism for only the second time in the past 15 years. The EU is poised to grant E. I. du Pont de Nemours and Company permission to grow 1507, a DuPont-developed GMO corn.

DuPont first sought approval in 2001 for 1507 … After positive safety reviews and several decisions by the European Court of Justice criticizing the European Commission for delaying its decision, the commission is now close to approving the crop…

The crop ‘meets all EU regulatory requirements and should be approved for cultivation without further delay,’ DuPont said. (more…)

Blog author: bwalker
Friday, December 20, 2013

ballotAs 2013 draws to a close, it’s time to inventory the year’s proxy resolutions introduced by the Interfaith Center on Corporate Responsibility. ICCR, a group purportedly acting on religious principles and faith, is actually nothing more than a shareholder activist group engaged in the advancement of leftist causes at the expense of their fellow shareholders and the world’s poorest.

ICCR recently released its 2013 Annual Report. Its “2013 Proxy Season Recap” (pp. 16, 17) presents a snapshot of initiatives ICCR members pursued this past year. The foundations for several categories betray the left’s tenuous grasp of science and economics while, at the same time, displaying a perverse naiveté regarding the potential negative consequences of their respective crusades.

Fortunately, all the worst proposals failed. As noted previously, ICCR shareholder resolutions are drafted by Bruce Freed, president of the George Soros-funded Center for Political Accountability (CPA). Both Freed and ICCR boast huge successes for their resolutions, assertions that rely on extremely fuzzy methodology that excludes abstention votes. (more…)

No! Not the Dark Money!

No! Not the Dark Money!

“Dark money” sounds menacing and foreboding – a financial nomenclature suggestive of gothic masterpieces like “The Raven” and “The Black Cat.” Whereas Poe’s tales actually contain sinister elements, the phrase dark money is employed by activist shareholders much like the villains of countless “Scooby Doo” cartoons devised illusory ghosts, werewolves and vampires. The evildoers wanted to scare those meddlesome Mystery Machine kids from nefarious moneymaking schemes.

The anti-capitalism messages of “Scooby Doo” are repeated by those ominously intoning the perceived evils of so-called dark money in politics. In ordinary political usage, dark money refers to funds raised to finance an election campaign or ballot initiative without any requirement of public disclosure before voters decide the question.

Shareholder activists have torn a well-worn page from the “Scooby Doo” playbook by adopting the tactics of the show’s bad guys. These tactics include attempts to frighten voters with the dark money bogeyman, who lurks behind other pet issues such as genetically modified organisms and fracking (hydraulic fracturing). (more…)

3708GSD_21136_CheerLH_V10L.tifThe 2013 proxy shareholder season is over, resolutions debated into their respective win/loss columns and reports filed. This hasn’t stopped those shareholder Godflies – the clergy, nuns and other religious on the left – from firing the first salvos for 2014 corporate battles. Among the companies targeted for the initial fusillade is General Mills Inc., purveyor of such perceived market atrocities as the Cheerios breakfast cereal and Yoplait yogurt. Specifically, the company’s packaging practices and use of genetically modified organisms has come under fire

Mind you, your writer has nothing against reasonably priced foods as part of a healthy, affordable breakfast. In fact, Cheerios was a “get-up-and-go” staple of this former farm boy’s life. Continuing the trend, a bag of those little grainy nuggets of morning goodness served church going well by quieting my rambunctious toddlers during innumerable Sunday masses. I do, however, rankle when so-called “religious” activists employ bad science to drive up food prices for those least able to afford it, especially families with young children.

As You Sow, a nonprofit shareholder advocacy group allied with such Godflies as the Interfaith Center on Corporate Responsibility and “social responsibility investment” firms Walden Asset Management and Trillium Asset Management presented a resolution to General Mills this past month that would have required the company to implement “extended producer responsibility” for packaging waste. Apparently, it’s incumbent upon the company to ensure cereal boxes and yogurt cups are recycled once consumers empty them. (more…)