News

Amazon rigs the vote by using two different formulas when counting: one that favors the board election, and another that under-counts shareholder items.

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.

Investor Voice, representing shareholders of Newground Social Investment, reached an agreement with Ameriprise Financial, Inc. (ticker: AMP) that significantly expands transparency of the company’s election-related spending.

In a landmark decision, the European Union announced an agreement on March 7th 2019 that will require institutional investors and advisors to consider and make public disclosures regarding the environmental, social, and governance (ESG) impacts of their investment products.

For perhaps the first time ever, current employees of Seattle tech giant Amazon.com have directly filed a shareholder proposal – one that calls on the company to disclose how it can ratchet down emissions to reduce dependence on fossil fuels in line with the Paris Climate Agreement.

Investor Voice and Newground Social Investment have joined with a coalition of investors to back a shareholder proposal that calls on Alphabet, Inc. (parent company of Google, ticker: GOOGL) to rethink its development of a censored search product for use in China.