CALL FOR MEMBERS OF CAC SHAREHOLDER ACTION TASK FORCE

The Sierra Club's Corporate Accountability Committee (CAC) has
formed the Shareholder Action Task Force (SATF) as one of its
subcommittees to promote an important tool in holding corporations
accountable that can be used in conjunction with Club campaigns. The
Sierra Club has purchased a select number of targeted stocks in order
to file shareholder resolutions, attend annual meetings, and dialogue
with these corporations regarding issues raised in the resolutions.

The SATF was initiated several months ago with an informal membership
and now is preparing to establish a formal membership.  CAC is
especially interested in candidates who have experience in
shareholder resolutions, corporate annual meetings and Security and
Exchange Commission (SEC) interactions.

CAC is one of five national Sierra Club issue committees that report
to and advise the Environmental Quality Strategy Team (EQST).

The CAC will select task force members and will strive to achieve
diversity in geography, ethnicity, and gender.  CAC will take into
consideration the applicant's relevant experience as described above
and their understanding of long-run implications for the environment
and for environmental justice of corporate power exercised by
transnational corporations.

Candidates should be willing to remain active on the task force for
at least two years and to participate in monthly conference calls and
communicate by e-mail.  Also, ability to travel occasionally to
meetings or conferences, as well as dialoguing with corporations
and/or attending annual corporate meetings is helpful. Members will
be reimbursed for travel and lodging expenses, as well as telephone
calls related to approved SATF business.

We would encourage members in Texas, Delaware, New York, southern
California and the Chicago area to apply because this is where many
annual corporate meetings take place.

If you are interested in applying, please read and follow the
instructions completely.  We are only accepting self-nominations.  If
you know of others you think may have an interest in serving on the
SATF, please pass this announcement on to them.

Applicants must be current Sierra Club members.  Sierra Club of
Canada members are not eligible to apply. Please contact Sierra Club
Canada at [log in to unmask] for information on Canadian participation as
liaisons in these committees.

For more information on serving as part of the SATF, please feel free
to contact David E. Ortman at [log in to unmask] or Ruth Caplan at
[log in to unmask]

DEADLINE FOR RECEIPT OF APPLICATIONS IS MAY 15, 2003

A copy of the completed application found at the end of this posting
should be sent (email preferred) to these members of the Search
Committee:

NAME: David E. Ortman, Co-Chair SATF

ADDRESS: 7043 22nd Ave N.W., Seattle, WA  98117

PHONE NO: 206-621-8868 (w)

Email: [log in to unmask]


NAME: Ruth Caplan, Chair of CAC

ADDRESS: 3407 34th Place NW, Washington DC 20016

PHONE NO: 202-244-0561 (w)

Email: [log in to unmask]

The reasons that the task force is concerned about the corporate
accountability and shareholder action include:

*  Corporations wield power, resources and influence that exceed that
of many countries.

*  Corporations have been granted status by our court system as
"artificial persons" with many benefits but little responsibilities.

*  Corporations are too often the major obstacle to implementing
Sierra Club policies, programs and campaigns.

*  Shareholders have the ability to vote directly on corporate policy.

The Shareholder Action Task Force is being formed to respond to the
problem by educating Sierra Club members and the larger public about
the roots of the problem and by promoting corporate accountability
and challenging the basis of corporate power.

Specifically, the SATF will

--Gain experience in using shareholder resolutions to go after rogue
corporations as part of ongoing Sierra Club campaigns
  --Develop winning strategy on at least one resolution
  --Develop an approval process for proposed shareholder actions.


*************************************************

SHAREHOLDER ACTION TASK FORCE APPLICATION FORM

Name:

Membership # (required):

Contact information

            Address:

            Phone number(s):

            Fax:

            E-mail:

            Best times to reach you:


Sierra Club activities and leadership positions held, with dates:


Environmental and related public interest work (community, state,
national, and/or international level):


Statement reflecting interest in and experience with corporate
accountability, and shareholder actions.


References (3), with phone numbers.  Your Chapter Chair must be
included as one of the three.

Note: General guidance is that responses to questions should not be
over 75 words.

***************************************************



Erin E. Jordahl
Director, Iowa Chapter Sierra Club
3839 Merle Hay Road, Suite 280
Des Moines, IA 50310
515-277-8868
[log in to unmask]
www.iowa.sierraclub.org
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