Shareholders Vote for Apple to Conduct a Civil Rights Audit, Bucking Company's Recommendation

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The audit could encompass issues such as gender pay equity, leadership diversity and privacy related to products such as AirTags.

"These big investors are really recognizing the value of these types of reports and audits," Waizenegger said.

Although the proposal is advisory, Waizenegger said, shareholders typically will hold the company's board to account when something is passed with a majority of shareholder votes. Apple said that it already meets the objectives of the proposal through its current policies, and a representative declined to comment.

"Apple already fulfills the objectives of the proposal in several ways, including through impact and risk assessments, active governance and Board oversight, engagement with our communities and key stakeholders, and regular, transparent public reporting," Apple said in its proxy. At the meeting on Friday, Apple shareholders approved the company's compensation plan, including CEO Tim Cook's recent grant ofThe exact tally of Apple's shareholder votes hasn't been released yet.

 

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