Nuns want to know more about Duke Energy’s lobbying
Duke says it already files required lobbying reports. At the urging of institutional investors, the company beefed up its oversight of political contributions and lobbying last year.
The nuns say thats not enough.
The shareholder proposal came from St. Louis-based Mercy Investment Services, which represents the Sisters of Mercy in Belmont and other locations, and the Benedictine Sisters of Virginia in Bristow, Va.
They ask for an annual report on Dukes lobbying policies, spending details and membership in groups that write model legislation such as the controversial American Legislative Exchange Council. Duke wont say whether it belongs to ALEC, which pushes limited government and free markets.