The International Brotherhood of Teamsters
pension and health and welfare trusts collectively hold nearly $100 billion
in assets. Trustees of these funds have a responsibility to monitor and act
in the interest of advancing sound corporate governance and policies that
build long-term value. Teamster pension fund trustees can impact and
enhance corporate accountability by joining with other Teamster trustees,
shareholders and institutional investors to ensure that corporate America is
responsive to the needs of hardworking Teamster members.
To that end, the IBT Capital Strategies Department works with Teamster
Pension fund trustees to
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Serve as corporate watchdogs by
monitoring the actions of corporations and government oversight
agencies, engaging in debates on how corporations are governed and
releasing reports.
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Provide Trustee Education to IBT benefit
fund trustees to assist them in protecting the retirement security of
our members
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Provide a voice for Teamster member
stockholders and Teamster pension plans that seek reform at the
corporate level.
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Promote shareholder activism to help
Teamster members take a more active role in corporate decision-making.
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Present shareholder resolutions on
behalf of Teamster pension funds to improve corporate governance.
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Help Teamster members draft proposals to
improve corporate governance and corporate procedural matters.
Read the International Union's Proxy Policy statement.
The IBT Capital Strategies Department is committed to encouraging
responsible corporate behavior so that companies in which our pension funds
invest perform better over the long-term, offer workers greater
opportunities for a voice on the job and pay fair wages and benefits.