Employment – Trillium Asset Management

Gender Identity Non-Discrimination Policy – Amgen, Inc. (2013)

December 10, 2012

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 …

Sexual Orientation Non-Discrimination Policy – Sealed Air Corporation (2013)

November 28, 2012

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 …

CFO Magazine: Show Us the Talent

June 28, 2012

Currently, most public companies do not have a consistent, standardized, method to communicate with shareholders and other stakeholders about the financial value of their human capital assets. The Society for Human Resource Management has recently proposed a Standard for corporate disclosure of human-capital that includes the reporting of employee salaries, benefits and taxes; number of full-time equivalents and total headcount; spending on employee support; spending in lieu of employees; and training and development as well as employee retention and leadership pipeline. CFO Magazine published an article about the proposed Standards. David McCann writes, “Keith Mills, an equity analyst at Trillium …

Equal Employment Opportunity (EEO) – Home Depot (2012)

January 11, 2012

WHEREAS: Equal employment opportunity (EEO) is a fair employment practice and an investment issue. We believe that companies with a good EEO record have a competitive advantage in recruiting/retaining employees. We believe Home Depot customers are increasingly diverse; therefore a similarly diverse work force is more likely to anticipate and respond effectively to consumer demand. EEO reporting has economic relevance. Home Depot shareholder votes in favor of a Diversity Report surpassed 23%, 26%, 22%, and 25% in 2011, 2010, 2009 and 2008 respectively – sending a consistent signal to management that shareowners desire increased accountability. The Company annually files an EEO-1 …

Home Depot – Equal Employment Opportunity Disclosure (2010)

December 2, 2010

WHEREAS Equal employment opportunity (EEO) is a fair employment practice and an investment issue. We believe that companies with a good EEO record have a competitive advantage in recruiting and retaining employees. Moreover, we believe Home Depot customers are increasingly diverse; therefore a similarly diverse work force is more likely to anticipate and respond effectively to consumer demand. EEO reporting has economic relevance. Home Depot shareholder votes in favor of a diversity report surpassed 27%, 22%, and 25% in 2010, 2009 and 2008, respectively – sending a consistent signal to management that shareowners desire increased accountability. The Company annually files …

Questar – Implement Sexual Orientation Non Discrimination Policy (2010)

February 4, 2010

WHEREAS Questar does not explicitly prohibit discrimination based on sexual orientation and gender identity (or gender expression) in its written employment policy; Over 87% of the Fortune 500 companies have adopted written nondiscrimination policies prohibiting discrimination on the basis of sexual orientation, as have more than 97% of Fortune 100 companies, according to the Human Rights Campaign. Nearly 70% of the Fortune 100 and over 40% 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 or expression have a competitive …

J. P. Morgan Chase & Co. – Pay Disparity Report (2010)

February 4, 2010

WHEREAS Recent events have increased concerns about the extraordinarily high levels of executive compensation at many U.S. corporations. Concerns about the structure of executive compensation packages have also intensified, with some suggesting that the compensation system incentivized excessive risk-taking. In a Forbes article on Wall Street pay, the director of the Program on Corporate Governance at Harvard Law School noted that, “compensation policies will prove to be quite costly—excessively costly—to shareholders.” Another study by Glass Lewis & Co. declared that compensation packages for the most highly paid U.S. executives “have been so over-the-top that they have skewed the standards for …

Home Depot- Equal Employment Opportunity Report (2010)

February 4, 2010

WHEREAS Equal employment opportunity (EEO) is a fair employment practice and an investment issue. We believe that companies with a good EEO record have a competitive advantage in recruiting and retaining employees. Moreover, we believe Home Depot customers are increasingly diverse; therefore a similarly diverse work force is more likely to anticipate and respond effectively to consumer demand. EEO reporting has economic relevance. Home Depot shareholder votes in favor of a diversity report surpassed 22%, 25%, and 25% in 2009, 2008 and 2007, respectively – sending a consistent signal to management that shareowners desire increased accountability. The Company annually files …

Gardner Denver – Gender Identity Non Discrimination (2010)

February 4, 2010

WHEREAS Gardner Denver, Inc. does not explicitly prohibit discrimination based on sexual orientation and gender identity (or gender expression) in its written employment policy; Over 87% of the Fortune 500 companies have adopted written nondiscrimination policies prohibiting discrimination on the basis of sexual orientation, as have more than 97% of Fortune 100 companies, according to the Human Rights Campaign. Nearly 70% of the Fortune 100 and over 40% 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 or expression have …

Wal-Mart Stores – Report on the Employee Free Choice Act Lobbying Activities and Expenses (2009)

February 25, 2009

Resolved Shareholders of Wal-Mart Stores, Inc. (the “Company”) request that the Board of Directors prepare a report by September 30, 2009, at reasonable expense and omitting proprietary information, describing the Company’s lobbying activities and expenses relating to the Employee Free Choice Act, together with a description of the lobbying activities and expenses of any entity supported by the Company, during the 110th Congress. Supporting Statement The Employee Free Choice Act (H.R. 800) would modernize the National Labor Relations Act by streamlining the process through which employees form, join, or assist labor organizations as well as providing for mandatory injunctions for …

Gender Identity Non-Discrimination Policy – Amgen, Inc. (2013)

CFO Magazine: Show Us the Talent

J. P. Morgan Chase & Co. – Pay Disparity Report (2010)

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