Non-Discrimination Policy – East West Bancorp (2013)
RESOLVED The shareholders request that East West Bancorp amend its written equal employment opportunity policy to explicitly prohibit discrimination based on sexual orientation and gender identity or expression. Programs developed to implement this policy should be based on identified best practices. SUPPORTING STATEMENT East West Bancorp does not explicitly prohibit discrimination based on sexual orientation or gender identity or expression in its written employment policy. Eighty-nine percent of Americans favor equal opportunity in employment for gays and lesbians (Gallup, May 2007), and 72% agree that “fairness is a basic American value and employment decisions should be based solely on qualifications …
Gender Identity Non-Discrimination Policy – Amgen, Inc. (2013)
Whereas: Amgen does not explicitly prohibit discrimination based on gender identity in its written employment policy; Over 50% of Fortune 500 companies have adopted written nondiscrimination policies prohibiting harassment and discrimination on the basis of gender identity or expression, according to the Human Rights Campaign Foundation. We believe that corporations that prohibit discrimination on the basis of gender identity have a competitive advantage in recruiting and retaining employees from the widest talent pool. According to an analysis of surveys conducted by the Williams Institute at the UCLA School of Law, 16 to 68 percent of lesbian, gay, bisexual and transgender …
Equal Employment Opportunity (EEO) – Home Depot (2013)
WHEREAS: Equal employment opportunity (EEO) is a fair employment practice and an investment issue. We believe that companies with good EEO records have a competitive advantage in recruiting/retaining employees. We believe Home Depot customers are increasingly diverse. A diverse work force is more likely to anticipate and respond effectively to consumer demand. EEO practices have economic relevance. Home Depot annually files an EEO-1 report with the Equal Employment Opportunity Commission. This information could be made available to shareholders at a minimal additional cost. In 2001, Home Depot began providing EEO information to investors upon request. Since then, Home Depot reversed …
Sexual Orientation Non-Discrimination Policy – Sealed Air Corporation (2013)
Whereas: Sealed Air does not explicitly prohibit discrimination based on sexual orientation and gender identity in its written employment policy; Over 86% of Fortune 500 companies have adopted written nondiscrimination policies prohibiting harassment and discrimination on the basis of sexual orientation, according to the Human Rights Campaign Foundation. Additionally, 50% of the Fortune 500 now prohibit discrimination based on gender identity or expression. We believe that corporations that prohibit discrimination on the basis of sexual orientation and gender identity have a competitive advantage in recruiting and retaining employees from the widest talent pool. According to an analysis of surveys conducted …
Wireless Network Neutrality – Verizon (2013)
Whereas, Wireless communications are critical to Verizon. In 2011 wireless constituted almost two-thirds of total revenue, with wireless data revenue growing 21 percent on an annual basis. A critical factor in this growth has been the open (non-discriminatory) architecture of the Internet. Non-discrimination principles are commonly referred to as “network neutrality” and seek to ensure equal access and non-discriminatory treatment for all content. We believe open Internet policies help drive the economy, encourage innovation and reward investors. Network neutrality principles may help Verizon financially by bringing new products to its platform, attracting customers and creating opportunities to share revenue with developers. …
Wireless Network Neutrality – AT&T (2013)
Whereas, Wireless communications are critical to AT&T. In 2011 wireless constituted about half of Company revenue; over the next five years, AT&T expects mobile data traffic to grow more than eight times from 2011 levels. A critical factor in this growth is the open (non-discriminatory) architecture of the Internet. Non-discrimination principles are commonly referred to as “network neutrality” and seek to ensure equal access and non-discriminatory treatment for all content. We believe open Internet policies help drive the economy, encourage innovation and reward investors. Network neutrality principles may help AT&T financially by bringing new products to its platform, attracting customers …
Payday Lending – Wells Fargo (2013)
WHEREAS Predatory loan products such as payday loans have received significant public criticism for their high interest rates and rates of repeat borrowing. Our company is currently extending high-cost direct deposit advances that resemble payday loans and could expose customers to a costly “debt trap.” We believe these advances present serious hazards to Wells Fargo most financially vulnerable customers and to the company itself. Wells Fargo charges $7.50 for each $100 borrowed through direct deposit advance. Loans are repaid automatically, in full, out of the customer’s next direct deposit. Research from the Center for Responsible Lending demonstrates that the typical …
Privacy and Data Security – eBay (2013)
Whereas, Digital technologies and commerce have created extraordinary business opportunities for eBAY; they may also present serious risks to privacy and data security. Breaches of privacy and data security are a growing threat which can result from company negligence or external attacks. Cyber attacks on U.S. computer networks rose 17-fold from 2009 to 2011, according to the U.S. National Security Agency, with many companies not even realizing they were attacked. According to a 2011 Ponemon Institute study, the per capita cost of a data breach was $194, with an average incident cost of $5.5 million. A separate Ponemon study found …
Payday Lending – Fifth Third Bancorp (2013)
WHEREAS Predatory lending like payday loans have received significant public criticism for their high interest rates and rates of repeat borrowing. Our company is extending high-cost direct deposit advances that resemble payday loans and could expose customers to a costly “debt trap”. We believe these advances present serious hazards to Fifth Third’s most financially vulnerable customers and to the company itself. Fifth Third (“FITB”) charges $10 for each $100 borrowed through direct deposit advance. Loans are repaid automatically, in full, out of the customer’s next direct deposit. Research from the Center for Responsible Lending demonstrates that the typical user of …
Privacy and Data Security – Apple, Inc. (2013)
Whereas, Digital technologies and online communications have created extraordinary business opportunities for Apple; they may also present serious risks to privacy and data security. Breaches of privacy and data security are a constant threat which can result from either company negligence or external attacks. Cyber attacks on U.S. computer networks rose 17-fold from 2009 to 2011, according to the U.S. National Security Agency, with many companies not even realizing they were attacked. Privacy breaches have also grown dramatically in recent years. According to a 2011 Ponemon Institute study, the per capita cost of a data breach was $194, with an …
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