This article is Free, but to access more of our content, you can sign up for a no strings attached 28-day free trial here.
America is grappling with a long overdue reckoning with racial injustice. Following George Floyd’s murder, and the public outcry over the killings of other Black men and women, many in corporate America stepped up and made commitments to address diversity, equity and inclusion.
And rightfully so. Companies face increased risks when their corporate policies, practices, products or services are - or are perceived to be - discriminatory, racist, or increasing inequities. Investors have been asking their portfolio companies: how are you living up to those commitments? Are they effective in addressing issues related to racial equity?
At Amazon’s Annual Meeting on May 26, shareholders will decide whether Amazon should answer those questions.
As trustee of New York State’s pension fund, I believe Amazon has not lived up to i…