Shareholder Resolution Wants Monsanto to Disclose Financial Risks from GMOsHeather Callaghan A resolution re-filed by Harrington Investments, Inc (HII) asked Monsantos Board of Directors to prepare a report assessing the actual and potential financial risks posed to their shareholders by GMO operations. Everything from the cost of anti-GMO labeling campaigns to the devastating fallout from revelations of crop contamination hitting farmers across the globe and legal spending to aggressively pursue small farmers for patent infringement. HII is calculating the sum total of Monsantos actions calling it a corporate empire financially committed to denial. John Harrington, President/CEO of HII stated: Monsanto increasingly keeps stakeholders in the dark, about the true financial risks of GMOs. Crop contamination is wreaking havoc on peoples livelihoods, and weve seen reports that GMOs are in 75% of our food supply. The corporation spends an incredible amount of shareholder money to prevent American consumers from knowing the extent to which it controls our national food supply. Harrington continues: Add to that the hundreds of millions spent in legal fees chasing after small farmers whose land is unwillingly contaminated with Monsanto products, and the millions farmers are spending to protect themselves, and you have a corporate empire financially committed to denying the reality of whats happened to our food supply But Monsanto said nay to the Resolution, falling back on already existing laws for corporations and responsibility in disclosure. The company says that Resolution would be redundant and provide no meaningful additional information to shareowners. Harrington persists, noting that corporate disclosure documents do not adequately inform shareholders, stock analysts or rating agencies of the numerous risks facing the company. He added: I think the end of the GMO-secrecy campaign will be here sooner rather than later. We have farmers heading to the Supreme Court taking on Monsantos bullying tactics; we have farmers who dont even plant crops for fear of contamination; and we have farmers who are afraid that in the near future we wont even have non-GMO seeds to plant. The momentum is clearly turning against Monsanto, and I think the company owes the shareholders a detailed explanation of what this is really costing the bottom line HII is a 30-year-old registered investment advisory firm managing approximately $180 million in assets. The firm engages in shareholder advocacy and challenges corporate management on key social, environmental, and corporate governance policies. They believe that corporations and investors that embrace the reality of growing demand for social responsibility will be best positioned to prosper in the 21st Century. Press release: Heather Callaghan is a natural health blogger and food freedom activist. You can see her work atNaturalBlaze.com and selfnewsPost.com. Like at Facebook. Recent posts byHeather Callaghan: 