Legendary Leaf Loves The East | SaltWire #nhl #novascotia #torontomapleleafs #hockey #interviewNEW YORK - At least one Mondelez investor, Swedish pension fund AP7, will back a resolution calling for the Oreo cookie maker to conduct an independent study of the risks of continuing to do business in Russia, which faces a vote at the company's annual meeting this month.
The non-binding resolution, filed by investor Wespath, is the first on Mondelez's business in Russia since Russia's full-scale invasion. The meeting is scheduled for May 22.The Chicago-based company last year faced corporate boycotts in the Nordic region over its Russian business and then pledged to make that business stand-alone with a"self-sufficient supply chain" before the end of 2023.
Wespath, a pension fund for The United Methodist Church, had discussed the Russia business with the company, said Jake Barnett, a managing director for sustainable investment strategies at the firm, in an email.
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