Posts in Governance
AutoZone, Inc.: Human Capital Management Disclosures

BE IT RESOLVED: Shareholders request that the Board of Directors issue a report to shareholders describing the company’s policies, performance, and improvement targets related to material human capital risks and opportunities, at reasonable expense and excluding confidential information, prepared in consideration of the metrics and guidelines set forth in the SASB Multiline and Specialty Retailers & Distributors standard’s provisions on workforce diversity and inclusion and labor practices requirements.

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McKesson: Implementation Plan for New Business Roundtable "Purpose of a Corporation"

WHEREAS: Our Company’s Chairman and Chief Executive Officer (CEO) Brian Tyler, in August 2019, signed the Business Roundtable (BRT) “Statement on the Purpose of a Corporation,” (Statement) committing our Company to serve all stakeholders including employees, customers, supply chain, communities where we operate, and shareholders. In addition, McKesson proclaims to adhere to the corporate principles “Integrity, Customer-First, Accountability, Respect and Excellence” (ICARE).

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Facebook: Independent Board Chairperson

BE IT RESOLVED:  Shareholders request the Board of Directors adopt as policy, and amend the bylaws as necessary, to require henceforth that the Chair of the Board of Directors, whenever possible, be an independent member of the Board. This independence policy shall apply prospectively so as not to violate any contractual obligations. If the Board determines that a Chair who was independent when selected is no longer independent, the Board shall select a new Chair who satisfies the requirements of the policy within a reasonable amount of time. Compliance with this policy is waived if no independent director is available and willing to serve as Chair.

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BlackRock: Implementation Plan for New Business Roundtable "Purpose of a Corporation"

BE IT RESOLVED:  Shareholders request that Morgan Stanley publish annually a report assessing the Company's diversity and inclusion efforts, at reasonable expense and excluding proprietary information.  At a minimum the report should include:

  • the process that the Board follows for assessing the effectiveness of its diversity and inclusion programs,

  • the Board’s assessment of program effectiveness, as reflected in any goals, metrics, and trends related to its promotion, recruitment and retention of protected classes of employees.

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Facebook: #RebootFacebook

BE IT RESOLVED: Shareholders request management and the board ”Reboot Facebook,” by making the changes below by Labor Day 2020. Designating a specific date creates a symbolic “before and after;” Facebook 1.0 vs. Facebook 2.0. Actions include:

  1. Delete all images of child pornography and torture, remove all associated accounts, and work with law enforcement to bring abusers to justice;

  2. Delete all fake accounts and establish a verification system to improve expeditious removal;

  3. Delete all political ads containing lies and mistruths based on Facebook employee recommendations to avoid adverse impact on our political system;

  4. Publicly agree to a policy stating that Facebook will abide by campaign advertising rules like all U.S. broadcasters and end micro-targeting of groups smaller than 5,000 people;

  5. As a show of Goodwill and until the platform can be effectively monitored, disallow any political ads Labor Day through the 2020 election;

  6. Provide full transparency of the Reboot process including listing deleted political ads, Bots, fake accounts, fake news, deep fakes and accounts closed;

  7. Disclose budget committed to fix these issues to inform other platforms as a case study of best practices; and

  8. Establish systems to maintain all of the above going forward with public transparency.

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O'Reilly Automotive: Human Capital Management Disclosures

BE IT RESOLVED:  Shareholders request that the Board of Directors issue a report to shareholders describing the company’s policies, performance, and improvement targets related to material human capital risks and opportunities by 180 days after the 2020 Annual Meeting, at reasonable expense and excluding confidential information,  prepared in consideration of the metrics and  guidelines set forth in the SASB Multiline and Specialty Retailers & Distributors standard’s provisions on  workforce diversity and inclusion and labor practices requirements.

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Genuine Parts: Human Capital Management Disclosures

BE IT RESOLVED:  Shareholders request that the Board of Directors issue a report to shareholders describing the company’s policies, performance, and improvement targets related to material human capital risks and opportunities by 180 days after the 2020 Annual Meeting, at reasonable expense and excluding confidential information,  prepared in consideration of the metrics and  guidelines set forth in the SASB Multiline and Specialty Retailers & Distributors standard’s provisions on  workforce diversity and inclusion and labor practices requirements.

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