Microsoft has left the American Legislative Exchange Council in what a coalition of activist investor groups said this week was a dispute over the conservative advocacy network's opposition to renewable energy, Bloomberg writes. The Sustainability Group and Walden Asset Management, which focus on sustainable investing, have pressed the tech giant to abandon the nonprofit council, known as ALEC.
Microsoft, which had been a member of ALEC's Communications and Technology Task Force, confirmed to Bloomberg that it had left the council but did not specify a reason. An ALEC spokesman said that the company left the council, which charges dues for corporate members, because of budget cuts, not energy issues.
The Boston-based investor groups said Microsoft is a corporate leader in purchasing renewable fuel and has committed to becoming carbon-neutral. ALEC has drafted model state legislation to roll back renewable-energy standards.