From Forbes-
Only seven of the largest gun manufacturers and retailers in the US
are publicly traded. Specifically, three of the largest US gun
manufacturers are publicly traded. Sturm, Ruger & Co. (NYSE: RGR)
manufactured 1.7 million guns in 2015, followed by American Outdoor
Brands (NASDAQ: AOBC), which manufactured 1.5 million via its subsidiary
Smith & Wesson. The sixth largest US gun manufacturer Savage Arms
at 400,000 guns is owned by Vista Outdoor (NYSE:VSTO). Of the largest gun retailers in the US,
four are publicly traded: Walmart (WMT); Dick’s Sporting Goods (NYSE:
DKS); Sportsman’s Warehouse (NASDAQ: SPWH); and Gander Outdoors—owned by
Camping World (NYSE: CWH). Shareholder advocacy efforts have achieved key victories in three of them in the year since the Parkland shooting.
Faith-based investors have led the way in these advocacy efforts.
They bolster their moral authority and organizational prowess with
significant financial firepower. Interfaith Center on Corporate
Responsibility, which pioneered shareholder advocacy for environmental,
social, and governance (ESG) issues, represents over $400 billion in
assets from 300 institutional investors globally. The Catholic Church
and the Mormon Church each separately have over $30 billion in
assets. The Church Pension Fund of the Episcopal Church alone has assets
in excess of $13 billion, and Trinity Church alone in New York’s
financial district alone has a $6 billion investment portfolio. These
are in addition to the assets of individual Catholics, Mormons, and
Episcopalians.
More here-
https://www.forbes.com/sites/bhaktimirchandani/2019/02/19/gunning-it-after-parkland-faith-based-investor-success-with-gun-safety-shareholder-resolutions/#1f78d9e11ceb
Wednesday, February 20, 2019
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