Examples of Shareholder Proposals on Labor Rights
Adopt Policy of Commitment to Respect Workers’ Freedom of Association and Collective Bargaining Rights as Policy
Resolved, that the company’s Board of Directors adopt and publicly disclose a policy on its commitment to respect the rights to freedom of association and collective bargaining in its operations, as reflected in the International Labour Organization Declaration on Fundamental Principles and Rights at Work (“Fundamental Principles”). The policy should:
• Be applicable to the company’s direct operations and subsidiaries globally;
• Include a commitment to non-interference when employees exercise their right to form or join trade unions;
• Prohibit any member of management or agent of the company from undermining the right to form or join trade unions or pressuring any employee from exercising this right; and,
• Describe the ongoing due diligence process the company will use to identify, prevent, mitigate and account for any violations of these rights, including how it will remedy any misaligned practices.
Third Party Assessment to Evaluate the Alignment of Labor Practices with Company Commitments and Statements
Resolved, shareholders urge the Board of Directors to commission and oversee an independent, third-party assessment of a company’s adherence to its stated commitment to workers’ freedom of association and collective bargaining rights as contained in the International Labour Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work and the UN Guiding Principles on Business and Human Rights and explicitly referenced in the company’s own policy. The assessment should apply to the company’s direct and licensed operations and address management non-interference when employees exercise their right to form or join a trade union as well as steps to remedy any practices inconsistent with the company’s stated commitments. The assessment, prepared at reasonable cost and omitting confidential, proprietary or legally privileged information, should be publicly disclosed on the company’s website.