Amazon votes down employee-backed climate resolution

Olivia Rosane, ECOWATCH

Amazon shareholders voted down an employee-backed resolution calling for more aggressive action on climate change at their annual meeting Wednesday, The Los Angeles Times reported.

The employee-filed resolution asked the company to develop a public plan for responding to extreme weather events and weaning itself off of fossil fuels. It was publicly backed by more than 7,600 employees, who signed their names to an open letter, a novel tactic for tech employee activism, The New York Times said.

Amazon Employees for Climate Justice, the group that grew out of the resolution, said in a press release they will file another if the company’s board doesn’t increase its climate commitments.

“The enthusiasm is overwhelming,” Amazon employee Rebecca Sheppard, who works in air cargo operations, told the Los Angeles Times. “We’ll be back.”

Ahead of the vote, the resolution had won the support of two of the largest proxy advisory firms in the U.S. — Glass Lewis and Institutional Shareholder Services (ISS). Glass Lewis said that Amazon was less transparent about its sustainability plans than similar companies, The New York Times said. However, the Amazon Board formally opposed the resolution, meaning it faced an uphill battle to gain the 50 percent of support it would have needed to pass, according to the employee press release. Amazon will release the final vote tallies Friday, the company told the Los Angeles Times.

Read more at https://www.ecowatch.com/amazon-climate-change-resolution-2637862790.html?rebelltitem=1#rebelltitem1