Amazon held its annual shareholder meeting on Wednesday. Investors voted down all 18 shareholder-led proposals presented at the gathering. - Environmental, social, and governance (ESG)-focused Amazon investors presented 18 proposals at the meeting.
- The proposals included efforts to increase animal welfare standards, union rights, and workers' rights.
- Activist investor Tulipshare pushed for an independent audit of Amazon's warehouses.
- Proposals must gain support from over 50% of shareholders to win approval.
- Amazon reserves the right not to adopt proposals that pass the 50% threshold.
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