shareholder proposal (withdrawn after agreement) · 2020

Clean Yield Asset Management at Wells Fargo

Report on how mandatory arbitration affects employees who bring sexual harassment claims, and reconsider requiring arbitration for those claims.

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What happened

Result: Withdrawn after the company agreed. Clean Yield submitted the proposal late in 2019 and withdrew it once Wells Fargo announced the change.

Wells Fargo announced on February 12, 2020 that it would end mandatory arbitration for workplace sexual harassment claims, saying it did so following feedback from Clean Yield Asset Management; Clean Yield described the change as the result of its dialogue with the company.

Wells Fargo ends mandatory arbitration for workplace sexual harassment, Banking Dive

Who is involved

What this campaign is about