Audit of working conditions for Amazon Nix Warehouse shareholders

Amazon offices in New York, February 14, 2019.

AP Photo/Mark Lennihan, File

Amazon shareholders on Wednesday rejected a proposal calling for an independent audit of working conditions at the e-commerce giant’s warehouses.

The defeat of the proposal at the Seattle-based company’s annual shareholder meeting came despite calls from activist groups and unions to improve working conditions at the warehouses where customer orders are sorted, packed and shipped. .

Amazon had recommended shareholders vote against the proposal and 14 others presented at the meeting, a record for the company. All resolutions were rejected by a majority of shareholders, the company said, citing preliminary voting results. It did not release shareholder vote totals on Wednesday, but expects them to be released in regulatory filings.

Many of the resolutions focused on workers’ rights and issues such as additional disclosure of corporate lobbying and taxes. Resolutions are not binding, but generally put pressure on boards to act.

Shareholders also voted to approve compensation for six of Amazon’s top executives, including CEO Andy Jassy. Two investor advisory firms, Glass Lewis and Institutional Shareholder Services, had recommended shareholders vote against the compensation packages, arguing they were excessive.

Jassy received aggregate compensation worth about $213 million last year, with nearly all of the money from Amazon stock set to vest over 10 years.

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