(Reuters) – US securities regulators on Wednesday rejected an exemption requested by Amazon.com Inc. to prevent its investors from considering a shareholder proposal related to the racial equity of the e-commerce giant.
The Securities and Exchange Commission followed a call from Amazon to block the non-binding proposal from being voted on at the company's upcoming annual meeting. Fund in December and tried to independently review the company's policy and practices for civil rights and racial discrimination. , will contribute to the company being confronted with institutionalized inequality and the impact on its operations, ”said DiNapoli.
Amazon did not immediately respond to a request for comment. Catalog