Pull GMOs Out of Similac? Shareholders Vote No

Shareholders of Abbott Laboratories voted April 26 on whether the company should adopt a non-GMO policy for its products, which include one of the nation’s leading infant formula brands, Similac. In the week prior to the vote, The Cornucopia Institute initiated a petition drive, in support of As You Sow, the shareholder activism group that filed the resolution, to collect signatures urging Abbott to remove GMOs from its infant formula. In just a week’s time, we collected nearly 15,000 signatures. What was the outcome of the vote? A paltry 3.21% of Abbott Laboratories shareholders voted in favor of the non-GMO policy. “While this might appear to be a low vote, historically resolutions on GMOs take time to build momentum,” said Andrew Behar.