Apple and John Deere Shareholder Resolutions Demand They Explain Their Bad Repair Policies - iFixit:
Apple and John Deere, primary antagonists of the Right to Repair movement, may soon have to explain their domineering repair programs to one of their most demanding audiences: their shareholders.
U.S. PIRG, working with its affiliated socially responsible mutual fund company, Green Century Funds, has filed shareholder resolutions with both Apple and John Deere, asking them to account for “anti-competitive repair policies." Both resolutions admonish the companies for fighting independent repair and ignoring the broad political shift toward Right to Repair laws.
Touch ID stops working if you replace the fingerprint sensor on your iPhone. This used to brick iPhones; now it’s just the sad reality of iPhone repair.
Green Century’s Apple resolution says that the company “risks losing its reputation as a climate leader if it does not cease its anti-repair practices.” Noting that internet-connected devices will account for 14% of greenhouse gas emissions by 2040, Green Century’s resolution demands the company reverse course to “mitigate regulatory and reputational risks and bolster the company's ambitious climate commitments.”
[...] The John Deere resolution calls out the company’s broken promise to make crucial repair software available to farmers. "Company representatives are quick to point out that less than 2% of all repairs require a software update," Green Capital Funds notes. "However, Deere does not disclose what percentage of the repair sales the 2% represents."
(Score: 1) by khallow on Thursday September 16 2021, @04:15AM
How often can you buy a stock at a premium and then dump it before you run out? I'm reminded of the quote, "the market can remain irrational longer than you can remain solvent." If repairable goods are that valuable, it'd be better to invest in businesses that make those rather than try to force some alleged dinosaurs to behave contrary to their interests.