Shareholders call on Activision Blizzard Board to terminate CEO, replace Board Chair and Lead Independent Director
SOC calls on Rivian to conduct transparent human rights and environmental due diligence with strong board oversight
Letter to SEC in Support of Health & Safety and Other Workforce Disclosure
SOC Letter to Rose Marcario, Chair, Planet and Policy Committee, Board of Directors, Rivian
Investors with $3.5 trillion AUM Request Transparency by Wells Fargo on Human Rights Impact Assessment
WEBINAR: XPO Logistics/GXO Logistics: Social and Governance Risk
One of the world’s supply chain giants, XPO Logistics stands at a critical juncture as it splits into two companies: XPO and GXO. The new companies face serious corporate governance and workplace concerns. At its recent annual meeting, investors rejected XPO’s executive pay arrangements due to concerns over mega equity grants.
During the Covid-19 pandemic workers reported poor health and safety practices while courts ordered the company to settle numerous cases of misclassifying workers creating ongoing legal and reputational risks. In addition, accusations of Covid outbreaks, misuse of UK public furlough funds and sharing of PPE in warehouses have cast a shadow over the spin off GXO as the largest pureplay logistics company.
This webinar features:
XPO/GXO workers: A bottom-up view of employment practices
Beth Gutelius, PhD, Research Director of the Center for Urban Economic Development at the University of Illinois Chicago and an expert in the warehouse industry
Louis Malizia, International Brotherhood of Teamsters: trade union perspective on systemic workplace risks
Tom Harrington, Greater Manchester Pension Fund: Investor perspective
Activist Hedge Fund Risks to Pension Funds: The Case of Elliott Management
This joint report by the Communications Workers of American (CWA) and the SOC Investment Group finds that activist hedge fund Elliott Management underperforms public investment benchmarkts on a risk-adjusted basis, while also negatively affecting the operating and financial performance of portfolio companies.