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Article

24 May 2023

Author:
Arriana McLymore, Reuters

None of Amazon's 18 shareholder-led proposals will be adopted, sidelining human rights concerns

"Amazon beats all 18 shareholder-led proposals at annual meeting", 24 May 2023.

Amazon.com Inc (AMZN.O) investors voted against all 18 shareholder-led proposals during the e-commerce giant's annual meeting on Wednesday, a preliminary tally by the company showed.

The total exceeded Amazon's 2022 record of 15 as environmental, social and governance (ESG)-focused investors pushed for changes ranging from warehouse workers rights, union rights, gender and racial pay and animal welfare standards...

...Activist investor Tulipshare, which owns about $7,000 in Amazon shares, proposed an independent audit of the retailer's warehouses after the U.S. Occupational Safety and Health Administration cited violations.

Tulipshare CEO Antoine Argouges said in an emailed statement that his firm would continue to request meetings with Amazon...

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