Tyco agrees to sharehold proposal on toxic emissions

Tyco International Ltd.'s board agreed to support a shareholder proposal, sponsored by Christian Brothers Investment Services, calling for Tyco to report on how it will reduce emissions of toxic chemicals. Recommending that shareholders vote in favor of the proposal, the board of Pembroke, Bermuda-based Tyco noted in the proxy statement: "Tyco is currently developing and will implement an environment, health and safety management system that is designed to achieve that objective and to report accurate data to our shareholders." The annual meeting is Thursday.