shareholder proposal · 2022

Zevin Asset Management at Walmart

Report annually on Walmart's policies and procedures governing direct, indirect and grassroots lobbying, on the payments it makes for that lobbying including the amount and the recipient of each, and on management's decision making and the board's oversight of those payments.

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What happened

Result: Proposal No. 10 at the annual shareholders' meeting of 1 June 2022, rejected: 322,914,850 votes for, 1,914,044,836 against, 5,334,090 abstentions and 207,665,975 broker non-votes.

Rejected, with about 14.4 percent of the shares voted for and against, below the 22 percent the proponents say a similar proposal drew at Walmart in 2021.

Walmart Shareholders Seek Improvements on Worker Rights, Racial Justice and Lobbying Disclosure, Interfaith Center on Corporate Responsibility, 2022-04

Who is involved

What this campaign is about

ZEVIN ASSET MANAGEMENT AT WALMART ON LOBBYING DISCLOSURE, 2022 | ShareholderDemocracy