Apple Investors Approve Civil-Rights, Concealment-Clause Reports

March 4, 2022, 11:11 PM UTC

Apple Inc. shareholders approved outside proposals recommending audits of the company’s civil-rights impact and a public report on its use of concealment clauses in employment agreements, marking a rare instance of investors defying the tech giant.

The votes were part of Apple’s annual shareholder meeting, held virtually on Friday for the second year in a row. Investors also reelected the company’s board and approved its executive compensation plan.

The proposal on civil-rights audits is part of a broader push to get corporations to track if, and how, they contribute to racial inequities. Shareholders at major U.S. companies, including Tyson Foods ...



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