Next step in companys ongoing efforts to support diversity, equity, and inclusion Wells Fargo Company (NYSE: WFC) announced today that it will commission an external, third-party racial equity audit. A racial equity or civil rights audit is typically an independent analysis, usually conducted by a law firm and/or a consultant, that examines The earliest companies to perform them, most notably Facebook, Airbnb, and Starbucks, did so after facing immense pressure to address discriminatory practices in their businesses.For instance, in Starbucks case, the audit was spurred on by the unwarranted arrest of two Black men in a Apple Inc. has declared its commitment to racial and gender equity, but it is now facing a shareholder call for a civil-rights audit amid employee controversies and slow progress An official of the Service Employees International Union said it spearheaded Apples racial-equity proposal because companies have a which pressured the company to Yet the proposal for a civil rights audit of Apple won the backing of two advisory firms that often sway the votes of institutional shareholders. This will be updated in the lead filer field as soon as possible. Investors and shareholders are more frequently requesting racial equity audits of large companies to demonstrate their attention to ESG and DEI goals. While every audit is distinct, here are the general steps: 1. What is a racial equity or civil rights audit? Audits eventually caught on with shareholders who started proposing them at companies annual meetings in 2021. Amazon is planning to conduct a racial equity audit of its hourly workers led by former Attorney General Loretta Lynch, the company said in a securities filing reported by CNBC. April 18, 2022. The company states that Apple confirmed Wednesday that it will conduct a racial equity audit of its policies, The Washington Post reported, after the tech giant lobbied against legislation intended to The proposal comes after a period in which Apple faced public challenges with a pay equity study run by former employee Cher Scarlett despite Apples stance that it has a gender and racial pay equity policy, and reported diversity metrics that showed that Hispanic and Black employees only represent a small percentage of technology employees and Moore & Van Allen Determine the Scope of the Audit. Apple Inc. has declared its commitment to racial and gender equity, but it is now facing a shareholder call for a civil-rights audit amid employee controversies and slow progress in Citigroup last October agreed to have a third party conduct a racial equity audit of the bank, six months after a significant number of its shareholders though not a majority voted for such a step. But on Wednesday, The nonprofit behind the Chevron proposal wanted to push Big Oil to go green; Disney employees believed they were fighting for LGBTQ+ rights; the nonprofit that pressured Apple to conduct a racial equity audit seeks to dismantle white supremacy. Agree or disagree with these objectives, they arent about the interests of stockholders. Civil rights advocates notched a victory this week by securing a commitment from e-commerce giant Amazon to conduct a racial equity audit, of the audit. Civil rights and racial equity audits provide organizations like ours, which are representing millions of people from impacted and marginalized communities, with an effective The company has also promoted its longstanding gender and racial pay equity policy. The proposal comes after a period in which Apple faced public challenges with a pay equity study run by former employee Cher Scarlett despite Apple's stance that it has a The vote in favor of the audit comes as part of a trend of investors showing increased interest in racial equity, with apple shareholders voting yes to a civil rights audit last week. Thursday, February 24, 2022 The Future of Downtown San Jose Service Employees International Union has filed the following resolution. Apple Inc. has declared its commitment to racial and gender equity, but it is now facing a shareholder call for a civil-rights audit amid employee controversies and slow progress in diversifying its workforce. EATON 2022 Proxy Statement and Notice of Meeting 1 Proxy Summary This summary provides an overview of the items that you will find elsewhere in this proxy statement.We encourage you to read the entire proxy statement for more information about these topics before voting. The racial equity audit proposal at Citigroup Inc. garnered 39% of shareholders support, while the one at Amazon.com Inc. secured 44% of investors backing, according to Bloomberg Intelligence data. Apple investors initially approved a shareholder proposal mandating the company undertake a racial equity focused audit [] Yet, it is unclear how Apple plans to address racial inequality in its workforce. CUPERTINO, CALIFORNIA Apple today announced $30 million in new commitments as part of its Racial Equity and Justice Initiative (REJI), supporting students, innovators, and Service Employees International Union has filed the following resolution. That shareholders of Apple Inc. (Apple) urge the Board of The nonprofit behind the Chevron proposal wanted to push Big Oil to go green; Disney employees believed they were fighting for LGBTQ+ rights; the nonprofit that pressured The audit will review activities related to the company's $30 billion racial equity commitment. The initiatives included Apple A. What Are Racial Equity Audits? A Racial Equity Audit is, at its core, an independent, objective and holistic analysis of a companys policies, practices, products, services and efforts to combat systemic racism in order to end discrimination within or exhibited by the company with respect to its customers, suppliers or other stakeholders. Before 2020, calls for racial equity audits were few and far between. On the heels of Amazon agreeing to a racial equity audit, Apple has taken a step in the right direction. That shareholders of Apple Inc. (Apple) urge the Board of Directors to oversee a third-party audit analyzing the adverse impact of Apples policies and practices on the civil rights of company stakeholders, above and beyond legal and regulatory November 12, 2021 Earlier this week, the Nathan Cummings Foundation filed a shareholder proposal asking Alphabet, the parent company of Google and YouTube, to Apples Racial Equity and Justice Initiative (REJI) is an effort to address systemic racism and expand opportunities for communities of color across the country. REJI programs make an impact in three key areas: By Harry Wilmerding Apple confirmed Wednesday that it will conduct a racial equity audit of its policies, The Washington Post reported, after the tech giant lobbied against legislation intended to combat the use of forced labor in supply chains. Apple is committed to helping grow opportunities for communities of color, particularly for the Black community. A Racial Equity Audit is, at its core, an independent, objective and holistic analysis of a companys policies, practices, products, services and efforts to combat systemic racism in The assessment will include input from both internal and external stakeholders and focus on elements of Wells Fargos efforts to serve diverse communities and promote a Amazon has commissioned an audit, led by former US attorney-general Loretta Lynch, to look into disparate racial impacts from its employment practices on its US frontline workforce. This proxy statement, Eatons annual report for the year ended December. The audit proposal was supported by 5.13 million shares and opposed by 4.45 million shares, with 131.2 million shares abstaining, according to a Securities and Exchange This will be updated in the lead filer field as soon as possible. Racial equity can mean different things to different people. One of Alphabet Inc.'s shareholders has submitted a resolution that would call on it to conduct a racial equity audit. The Cupertino-based tech giant has committed to carry out a civil rights audit. Amazon, Apple, Home Depot, and Johnson & Johnson are committed to conduct audits (note: Amazons proposal vote was withdrawn after the company agreed to a racial equity audit). Expanding our Racial Equity and Justice Initiative. A group of shareholders from Apple Inc. submitted a proposal asking the tech conglomerate to perform a civil rights audit of its business, it was revealed Tuesday.. In the 2022 proxy season, 17 companies on the F100 faced such shareholder proposals. Amazon will perform a racial equity audit of its nearly one million hourly employees, the company said last week in a statement to shareholders. To start off the 2022 proxy season, the civil rights audit shareholder proposal at Apple, Inc. received support from 54 percent of shares voted, while at government services company The company pointed to its recent strides in civil rights inside and outside Apple that have made a third-party audit of its practices unnecessary. The initiatives included Apple making a $130 million commitment to a racial equity and justice fund after the 2020 murder of George Floyd in Minneapolis.

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