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Unfair Voting at Amazon

Amazon's proxy engages in Formula Swapping – it uses a favorable vote-counting formula for management's board election, but a more repressive formula to count shareholder proposals. This inconsistent treatment disproportionately benefits management while depressing the tally on shareholder items. This puts stockholders at risk, and reflects the faulty logic that a Company can divine voter intent.

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2019 Proxy Season: Investors focus on Transparency, Climate & Amazon.com

The year's proxy season kicked off today with the publication of ICCR’s 2019 Proxy Resolutions and Voting Guide. The Guide presents some 250 shareholder proposals that have been filed or co-filed by members of the Interfaith Center on Corporate Responsibility (ICCR), that address a wide range of ESG (Environment, Social, and Governance) issues – on such diverse topics as political spending disclosure, climate change, human rights, diversity & inclusion, immigration, and data privacy.

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GE is Shedding More Light on its Political Donations

New General Electric CEO Larry Culp’s emphasis on transparency apparently now extends to the company’s political operations. GE executives just decided to broaden the company’s disclosures of political donations to include trade association dues as well as gifts to “social welfare” nonprofits, a.k.a. 501(c)(4)s, often used to funnel 'dark money' to candidates.

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