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SAN FRANCISCO, April 14, 2021 /PRNewswire/ As pressure grows on corporations to continue to speak out forcefully against efforts to restrict voter access to the polls, some shareholders are calling on corporations to reform their political spending practices.
Shareholders of The Home Depot, Pfizer, and JPMorgan Chase & Co. have filed proposals calling for an annual review and public reporting about alignment between political spending and corporate values. In separate solicitations for each company that have been posted to the Securities and Exchange Commission s website, investors point to a troubling pattern of support for political recipients whose policy agendas are at odds with the companies commitments related to healthcare, climate change, diversity and inclusion, and other issues.
Rhia Ventures: Shareholders Challenge Pfizer, The Home Depot, and JPMorgan Chase on Values Misalignment -- Proposals Say Political Spending and Corporate Values Are at Odds
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