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Article

9 Jan 2007

Author:
Walden Asset Management

[PDF] Shareholders Urge Commercial Metals to Adopt Inclusive Equal Employment Opportunity Policy

Socially responsive investors have filed a shareholder resolution requesting that...Commercial Metals Company amend its equal employment opportunity policy to explicitly bar discrimination based on sexual orientation. The resolution will be voted at Commercial Metals’ annual meeting on Thursday, January 25, 2007... Major steel companies with inclusive policies, as requested in the resolution, include Alcoa, Ball Corp., Crown Holdings, Newmont Mining, Nucor Corp., Owens-Illinois, Ryerson and U.S. Steel, according to Human Rights Campaign... [Meredith Benton of Walden Asset Management said,] "...Commercial Metals is competing for employees in the state of Texas against companies with inclusive policies, such as Affiliated Computer Services, AMR Corp. [American Airlines], Centex, Dean Foods, Omni Hotels, RadioShack, Southwest Airlines, Tenet Healthcare, Texas Instruments and TXU.”