Starbucks investors push for review of how company is dealing with union activity

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A group of Starbucks investors says the coffee chain's anti-union actions are hurting its brand.

A coalition of Starbucks Corp. investors on Monday filed a shareholder proposal asking for a third-party assessment of the company’s stated commitment to workers’ freedom of association and collective bargaining rights, citing many allegations that the company has interfered with those rights.

“When companies blatantly disregard and oppose their employees’ fundamental right to organize, they put their reputation on the line,” New York City Comptroller Brad Lander said in a news release. “For a company as focused on the customer experience as Starbucks, continued interference with worker organizing undermines the brand, which is essential to its success.”

Trillium ESG Global Equity Fund is a co-filer of the shareholder proposal. In March, Trillium Asset Management joined with Lander and a group of more than 75 shareholders to send a letter — their second — to Starbucks over the company’s handling of union activity. At the time, at least 120 stores had filed to vote to unionize. Now, more than 200 stores have voted to unionize, according to Starbucks Workers United.

A representative for the company did not immediately return a request for comment about the shareholder proposal Monday.

 

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We should set pay at around 30hr, a livable wage. We should also lower the price of a latte to 2 bucks to be more inclusive and less greedy. This should fix everything. Simple.

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