Microsoft Shareholders Back Proposal Seeking Report on Harassment

A logo sits illumintated outside the Microsoft booth on day 2 of the GSMA Mobile World Congress 2019 in Barcelona, Spain, on Feb. 26, 2019. (David Ramos/Getty Images)

Arjuna Capital is a Boston-based investment adviser and frequent filer of shareholder resolutions pressing companies for changes like disclosing more data on pay equity.

Microsoft already internally shares annual data on the volume of sexual harassment concerns raised and the results of the investigations into them. It has now adopted plans to make that data public.

The vote comes as big mutual fund firms increasingly support investor challenges to companies on environmental, social and governance (ESG) issues and as employees of big tech firms stage walk outs protesting their tackling of sexual harassment claims.

Automaker Tesla Inc last month said that support for a shareholder resolution on how it handles arbitration to resolve workplace complaints of harassment and discrimination rose to 46% of votes cast at its annual meeting, up from 27 percent for a similar proposal in 2020.

By Abhijith Ganapavaram

Reuters

Follow

Source

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes