(CONSERVATIVE DAILY NEWS) – A group of activist investors are pressuring major tech companies to overhaul their culture and business structure, proposing shareholder resolutions aimed at reorganizing senior leadership, ending certain business practices and censoring more online content.
The Investor Alliance for Human Rights, an initiative of the Interfaith Center on Corporate Responsibility, announced eight proposals this week from Facebook shareholders targeting the tech giant for several environmental, social and governance (ESG) issues. The proposals argue that Facebook’s recent scandals have damaged its reputation and seek to address the spread of “hate speech and misinformation” on the platform, as well as “potential psychological, civil, and human rights harms.”
“Corporations have committed to building long-term value for all stakeholders, including customers, communities and employees” Anita Dorett, director of the Investor Alliance for Human Rights, told the Daily Caller News Foundation. “Investors expect companies including Facebook to put human rights before profits.”
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