Human capital management
Shareholder proposals relating to human capital management include requests to eliminate gender and racial pay gaps; report on DEI initiatives and workforce racial and ethnic makeup; and workforce initiatives such as assessment of mandatory arbitration agreements, paid sick leave, whistleblower, and sexual harassment policies. While many of these proposals directly reference racial equity in both their rationale and resolved clause, those that do not are still relevant to issues of racial equity. For example, a 2017 study found that “disparities in economic opportunities expose members of minority groups to increased risk of workplace injury and disability.”
In the 2023 proxy season, Majority Action and SEIU are tracking the following human capital management shareholder proposals.
Adobe Inc. (NASDAQ: ADBE), April 20, 2023, Stockholder Proposal - Eliminating Discrimination through Inclusive Hiring, Item 6
International Business Machines Corporation (NYSE: IBM), April 25, 2023, Stockholder Proposal Requesting a Public Report on Harassment and Discrimination Prevention Efforts, Item 8
The Coca-Cola Company (NYSE: KO), April 25, 2023, Shareowner Proposal Requesting a Report on Risks from State Policies Restricting Reproductive Rights, Item 9
Wells Fargo & Company (NYSE: WFC), April 25, 2023, Shareholder Proposal – Annual Report on Prevention of Workplace Harassment and Discrimination, Item 10
Wells Fargo & Company (NYSE: WFC), April 25, 2023, Shareholder Proposal – Policy on Freedom of Association and Collective Bargaining, Item 11
Goldman Sachs Group Inc. (The) (NYSE: GS), April 26, 2023, Shareholder Proposal Regarding Reporting on Pay Equity, Item 12
Intuitive Surgical Inc. (NASDAQ: ISRG), April 27, 2023, Stockholder Proposal Regarding Pay Equity Disclosure, Item 5
Johnson & Johnson (NYSE: JNJ), April 27, 2023, Shareholder Proposal ― Federal Securities Laws Mandatory Arbitration Bylaw, Item 5
Kellogg Company (NYSE: K), April 28, 2023, Shareowner Proposal Requesting Additional Reporting on Pay Equity Disclosure, Item 6
Eli Lilly and Company (NYSE LLY), May 1, 2023, Proposal to Report on Effectiveness of the Company’s Diversity, Equity, and Inclusion Efforts, Item 12
Expeditors International of Washington Inc. (NASDAQ: EXPD), May 2, 2023, Shareholder Proposal - Report on the effectiveness of the Company's DEI efforts, Item 6
PepsiCo, Inc. (NASDAQ: PEP), May 3, 2023, Shareholder Proposal – Report on Impacts of Reproductive Healthcare Legislation, Item 7
United Parcel Service, Inc. (NYSE: UPS), May 4, 2023, Shareowner Proposal Requesting the Board Prepare a Report on How the Company is Addressing the Impact of its Climate Change Strategy on Relevant Stakeholders Consistent with the “Just Transition” Guidelines, Item 8
United Parcel Service, Inc. (NYSE: UPS), May 4, 2023, Shareowner Proposal Requesting the Board Prepare a Report on Risks or Costs Caused by State Policies Restricting Reproductive Rights, Item 9
United Parcel Service, Inc. (NYSE: UPS), May 4, 2023, Shareowner Proposal Requesting the Board Prepare an Annual Report on Diversity and Inclusion, Item 11
Berkshire Hathaway Inc. (NYSE: BRK), May 6, 2023, Shareholder Proposal - Report on Effectiveness of the Company's Diversity, Equity, and Inclusion Efforts, Item 7
Marriott International (NYSE: MAR), May 12, 2023, Stockholder Resolution Requesting the Company Annually Prepare a Pay Equity Disclosure, Item 7
CVS Health Corp (NYSE: CVS), May 18, 2023, Stockholder Proposal Requesting Paid Sick Leave for All Employees, Item 5
The Charles Schwab Corporation (NYSE: SCHW), May 18, 2023, Stockholder Proposal Request for Annual Report on Unadjusted Median and Adjusted Pay Gaps Across Race and Gender, Item 5
Hershey Company (NYSE: HSY), May 16, 2023, Stockholder Proposal Public Report on Living Wage & Income, Item 5
The Wendy's Company (NASDAQ: WEN), May 16, 2023, Stockholder Proposal Regarding Proxy Access Amendments, Item 5
The Wendy's Company (NASDAQ: WEN), May 16, 2023, Stockholder Proposal Regarding an Independent Board Chair, Item 6
Chipotle Mexican Grill, Inc. (NYSE: CMG), May 25, 2023, Proposal Requesting Adoption of a Non-Interference Policy, Item 6
Mondelez International, Inc. (NASDAQ: MDLZ), May 1, 2023, Shareholder Proposal to Adopt Public Targets to Eradicate Child Labor in Cocoa Supply Chain, Item 7
DexCom Inc. (NASDAQ: DXCM), May 18, 2023, Stockholder Proposal: Pay Equity Disclosure, Item 5
Mohawk Industries Inc. (NYSE: MHK), May 25, 2023, Stockholder Proposal Regarding a Racial Equity Audit, Item 5
Yum! Brands, Inc. (NYSE: YUM), May 18, 2023, Shareholder Proposal Regarding Issuance of Report on Paid Sick Leave, Item 9
Amazon.com, Inc (NASDAQ: AMZN), May 24, 2023, Shareholder Proposal Requesting Additional Reporting on Gender/Racial Pay, Item 13
Amazon.com, Inc (NASDAQ: AMZN), May 24, 2023, Shareholder Proposal Requesting Additional Reporting on Freedom of Association, Item 16
Amazon.com, Inc (NASDAQ: AMZN), May 24, 2023, Shareholder Proposal Requesting an Additional Board Committee, Item 19
Amazon.com, Inc (NASDAQ: AMZN), May 24, 2023, Shareholder Proposal Requesting an Alternative Director Candidate Policy, Item 20
Amazon.com, Inc (NASDAQ: AMZN), May 24, 2023, Shareholder Proposal Requesting a Report on Warehouse Working Conditions, Item 21
Chevron Corp. (NYSE: CVX), May 31, 2023, Stockholder Proposal to Report on Worker and Community Impact from Facility Closures and Energy Transitions, Item 9
Dollar General Corporation (NYSE: DG), May 31, 2023, Shareholder Proposal Requesting a Worker Safety and Well-Being Audit, Item 7
Exxon Mobil Corporation (NYSE: XOM), May 31, 2023, Shareholder Proposal - Energy Transition Social Impact Report, Item 16
Walmart Inc. (NYSE: WMT), May 31, 2023, Report on Human Rights Due Diligence, Item 6
Walmart Inc. (NYSE: WMT), May 31, 2023, Report on Reproductive Rights and Data Privacy, Item 10
Walmart Inc. (NYSE: WMT), May 31, 2023, Workplace Safety & Violence Review, Item 12
Netflix, Inc. (NASDAQ: NFLX), June 1, 2023, Stockholder Proposal: Policy on Freedom of Association, Item 8
TJX Companies, Inc. (NYSE: TJX), June 6, 2023, Shareholder Proposal: Report on Effectiveness of Social Compliance Efforts in TJX's Supply Chain, Item 5
TJX Companies, Inc. (NYSE: TJX), June 6, 2023, Shareholder Proposal: Report on Risk to TJX from Supplier Misclassification of Supplier's Employees, Item 6
TJX Companies, Inc. (NYSE: TJX), June 6, 2023, Shareholder Proposal: Paid Sick Leave Policy for all Associates, Item 7
Digital Realty Trust Inc. (NYSE: DLR), June 8, 2023, Stockholder Proposal Regarding Inclusion in the Workplace, Item 6
Digital Realty Trust Inc. (NYSE: DLR), June 8, 2023, Stockholder Proposal Regarding Reporting on Concealment Clauses, Item 5
Dollar Tree Inc. (NASDAQ: DLTR), June 13, 2023, Shareholder Proposal Regarding a Report on Economic and Social Risks of Company Compensation and Workforce Practices and Any Impact on Diversified Shareholders, Item 5
Etsy Inc (NASDAQ: ETSY), June 14, 2023, Stockholder Proposal Requesting a Report on the Effectiveness of our Efforts to Prevent Harassment and Discrimination, Item 5
Delta Air Lines, Inc. (NYSE: DAL), June 15, 2023, Shareholder Proposal - Adoption of Freedom of Association and Collective Bargaining Policy, Item 6
Activision Blizzard, Inc. (NASDAQ: ATVI), June 21, 2023, Shareholder Proposal Regarding Adoption of a Freedom of Association and Collective Bargaining Policy, Item 6
Kroger Co. (NYSE: KR), June 22, 2023, Shareholder Proposal: Report on Racial and Gender Pay Gaps, Item 8