Apple investors urge company to undergo civil rights audit

  • 📰 ABC
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Apple’s shareholders have approved a proposal urging the iPhone maker to undergo an independent audit assessing its treatment of female and minority employees.

FILE - In this Saturday, March 14, 2020, file photo, an Apple logo adorns the facade of the downtown Brooklyn Apple store in New York. Apple's shareholders have approved a proposal Friday, March 4, 2022, urging the iPhone maker to undergo an independent audit assessing its treatment of female and minority employees, delivering a rare rebuke to a management team that runs the world's most valuable company.

But rebuffing the wishes of its shareholders would thrust Apple into an uncomfortable position, especially since the company has long cast itself as a champion of civil rights. CEO Tim Cook reiterated that belief Friday in response to a question from a shareholder during the meeting held remotely. Apple's board had pushed against the shareholder proposal seeking a civil rights audit that eventually be made public. The company pointed to its recent strides in civil rights inside and outside Apple that have made a third-party audit of its practices unnecessary.

But proponents of the civil rights proposal insisted Apple hasn't been doing enough, making it imperative for outsiders to investigate recurring reports of sexual harassment, discriminatory practices and other abuses within the company, which employs 154,000 worldwide. Most shareholder proposals are overwhelmingly rejected when they're opposed by the boards of publicly held companies. That was the case for five other shareholder proposals during Apple's meeting Friday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They will fit right in with IOWA

female I understand, but what is minority?

🤔

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shareholders Vote for Apple to Conduct a Civil Rights Audit, Bucking Company's RecommendationThe audit could encompass issues such as gender pay equity, leadership diversity and privacy related to products such as AirTags.
Source: nbcchicago - 🏆 545. / 51 Read more »