- by foxnews
- 15 Jan 2025
Amazon shareholders reject 15 motions on worker rights and environment
Amazon shareholders reject 15 motions on worker rights and environment
- by theguardian
- 26 May 2022
- in technology
1.6 k views
While the resolutions are non-binding, companies often take some form of action if they receive the backing of 30% to 40% of votes. While the activist resolutions were shut down, investors approved executive compensation, board members and a stock split.
The increase in the number of resolutions underscores the rise of environmental, social and corporate governance (ESG)-based investing, which is spurring more shareholders to push for corporate accountability.
It also reflects changes under securities regulators appointed by Joe Biden that have made it easier for investors to file proposals and more difficult for companies to convince regulators that these resolutions should not go to a shareholder vote.
Reuters contributed to this report
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