By Susanna Rust2020-12-18T12:31:00+00:00
Dutch pension asset manager APG has co-filed a shareholder resolution calling on Amazon to publicly disclose information about the company’s efforts to protect workers’ health and safety during the COVID-19 pandemic.
Its co-lead is New York City Comptroller Scott Stringer, on behalf of three New York City pension funds. APG is acting on behalf of its pension fund clients, including €419.7bn public sector pension scheme ABP.
The investors said the move to file a proposal comes after a failure by Amazon independent directors to respond to a similar request for information from major shareholders in May. According to the investors, information the company did provide was not satisfactory.