Walmart Shareholders Fail Racial Equity Audit Proposal for a Third Time

The third time was not the magic of the UNITED FOR FOR RSCTTTTTTTATION.
The non -profit organization submitted a proposal to the shareholders asking Wall Mart to undergo an independent and independent racist military review that focuses on analyzing the company’s impact on black and indigenous communities and people of colors (Bipoc). According to the suggestion, as soon as it is completed, Walmart must publicly share the results on its website.
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“Given the population composition of workers and its size, we ask Wall Mart to evaluate his behavior through a lens of racist royal rights to obtain a complete picture of how to contribute, and can help dismantle social and economic equality,” “The review of ethnic property rights will help Walmart in identifying, treating and avoiding harmful effects on non -white stakeholders and societies with colored colors and diverse shareholders in the long term. Failure to address inefficiency effectively in its operations exposes the stakeholders, including employees, on unacceptable violations and exposes Walmart to a high risk that may eventually affect the long term in the term Long. “
According to the Affiliation Report in Wall Mart in the middle of the year 2024, the colored people make up 51 percent of the workforce in the United States.
The UNICED FORSICT EDUCATATION Fund has made similar proposals in 2023 and 2024. But this time, it was part of the importance of the group and its participating posts is the fact that Wall Mart, like many other major companies, announced in late last year that it would respond some of its diversity, fairness and inclusion (DEI) in favor of the “opportunistic” topic.
Ultimately, the file argument has proven unsuccessful in swinging the minds of shareholders. In 2023, the proposal obtained 18.1 percent of the shareholders ’votes; In 2024, this percentage decreased to 15.4 percent. This year, the proposal received 6.9 percent of the shareholders ’votes, according to the announcement of the result of a vote from the shareholders meeting on Walmart on Thursday. This decreased 8.5 percentage points from last year.
As in previous years, Walmart recommended contributors to vote against the proposal.
“The Board of Directors recommends voting for the shareholders on these proposals because we already reveal fundamental information about the strategies of our employees, and we provide information about the logical basis of our business, the main standards, progress, supervision of the Board of Directors, and deal with continuous improvement based on the observations and results of the stakeholders,” the company published in a proxy 2025 statement.
2025-06-06 18:51:00