shareholder proposal (14a-8) · 2021
Domini Impact Investments at CVS, Dollar General, Kohl's, Kroger, McDonald's, Walmart, Yum! Brands
Asked each company's board to report on the feasibility of making paid sick leave a standard employee benefit beyond the COVID-19 pandemic.
What happened
Result: Announced on 17 December 2020: proposals filed for the 2021 proxy season at seven companies, CVS, Dollar General, Kohl's, Kroger, McDonald's, Walmart and Yum! Brands, asking each board to report on the feasibility of paid sick leave as a standard employee benefit beyond the pandemic. None of the seven reached a vote. The certified Item 5.07 report for every one of those seven annual meetings was read, and no paid sick leave proposal appears among the matters voted on at any of them, so each proposal was withdrawn or omitted before the ballot. The documents opened do not say which of the two happened at which company, or on what terms.
No company in this group was found to have adopted permanent paid sick leave attributable to this campaign in the sources opened. CVS's own 2021 proxy lists paid sick leave for part-time employees among the COVID-19 measures it took through mid-February 2021, and does not tie it to a shareholder proposal.
As Covid Spikes, Investors Press for Paid Sick Leave for Frontline Retail and Food Workers, ICCR
Who is involved
- Domini Impact Investments filer
- CtW Investment Group co-filer
- ICCR members co-filer
- CVS Health company
- Dollar General Corporation company
- Kroger company
- McDonald's Corporation company
- Walmart company
- Yum! Brands company
What this campaign is about
- Protect labor rights and safe working environments Pivotal · UN Sustainable Development Goals
- Social protection systems for all Helpful · UN Sustainable Development Goals
- Provides benefits and work-life balance Pivotal · JUST Capital
- Income and Work Necessary · Doughnut Economics