As You Sow (AYS), a shareholder activist group, was rebuffed last month in a move to curtail the use of Abbott Laboratories’ genetically modified organisms in its Similac Soy Isomil infant formulas. The defeat of the resolution marks the third year Abbott shareholders voted down an AYS effort to limit and/or label GMO ingredients by significant margins. This year’s resolution reportedly garnered only 3 percent of the shareholder vote.
Such nuisance resolutions fly in the face of the facts: GMOs have been found to be completely safe and, further, benefit the environment by increasing crop yields, thereby reducing the land area required for farming, as well as significantly reducing the need for pesticides. Try telling that to the AYS activists, whose 2015 Abbott resolution states:
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