Monsanto Shareholders Reject GMO Proposals

Photo courtesy of St. Louis Business Journal
Photo courtesy of St. Louis Business Journal

Monsanto investors on Tuesday rejected one proposal that called for greater transparency in GMO food labeling and another that called for closer financial assessment of the risks tied to seed contamination.

The first proposal, submitted by Washington D.C.-based activist and Monsanto shareholder Adam Eidinger, suggested that products which are more than 0.9 percent genetically modified be labelled. Monsanto said in a proxy statement that mandatory labeling could cause confusion and misunderstanding among consumers and pointed out that there was no “meaningful difference” in the composition, nutrition, and safety of GMO products which would required them to be labelled.

Read more from the St. Louis Business Journal

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