June 15, 2007
For the
fourth year in a row, Jewish Voice for Peace, joined by the Sisters of
Loreto and the Sisters of Mercy, returned to the Caterpillar annual
meeting to introduce a shareholder resolution which raised the issue of
Caterpillar's profiting from Palestinian home demolitions. (Read Sydney Levy's statement introducing the resolution here.)
This year was the most challenging for us-- in an attempt to minimize damage caused by the presence of human rights
activists and journalists, Caterpillar
moved Wednesday's annual meeting
to a remote suburb some 40 miles outside of Chicago; tightened up rules about speaking at the conference; and added heavy
security. But none of these actions prevented JVP from achieving every one of our objectives, yet again:
- The shareholder resolution met the minimum threshold of votes
to
return next year.
- The issue of home demolitions framed the entire meeting, with StopCAT protestors
effectively
shutting down the meeting early.
- Global media covered the event with headlines like
"Protesters toss wrench in Caterpillar meeting," and content linking Caterpillar to home
demolitions and the death of Rachel Corrie.
Protestors disrupt Caterpillar shareholder meeting
http://www.washingtonpost.com/wp-dyn/content/article/2007/06/13/AR.html
Caterpillar meeting cut short
http://www.chicagotribune.com/business/chi-070613caterpillar,0,.story?track=rss
Background
Over
4 years ago, JVP helped reinvigorate the global
Caterpillar campaign when we
introduced the first-ever shareholder resolution on Israel-Palestine in
a US
corporation.
The
resolution won the support of shareholders owning hundreds of millions
in
Caterpillar shares, including CalPERS, the largest pension fund in the
world.
We
worked directly with church groups such as
the Sisters of Loreto and the Sisters of Mercy who
co-sponsored the resolution, human rights organizations such as Amnesty
International and Human Rights Watch who supported efforts to make
Caterpillar accountable, other anti-home demolition groups like
StopCAT, and individual activists like Craig and Cindy Corrie, the
parents
of Rachel Corrie who was killed by a caterpillar bullodozer.
We called
an international day of protest which generated actions in over 40
cities around the world.
Over
each of the 4 years we've introduced resolutions, we've worked hard to
make the story a focus of feature articles
in numerous major media outlets including
Agence France Press,
Salon and
American Public Radio's Marketplace.
In fact, we've
helped generate literally hundreds of stories that educate people about
Israel's illegal practice of demolishing homes of Palestinian families,
often with less than a half hour's notice.
In response, Caterpillar
recently announced a multi-million
dollar global PR campaign to fight the bad publicity,
its first in over a decade.
This year, with a organizer Sydney Levy on staff, and chapters across the country, as we expand the campaign to educate the world about home demolitions.
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