UPS investors rejected a shareholder proposal Thursday calling on the company to issue a report on potential risks abortion restrictions could have on its business.
The vote came a day after PepsiCo investors rejected a similar proposal, filed by Amalgamated Bank, that secured approximately 16.1% of the vote.
The UPS proposal, filed by Arjuna Capital, pointed out that “employers, as well as employees, bear the cost of restricted access” to abortions. UPS didn’t provide the vote percentage at the meeting,
At the meeting, Natasha Lamb at Arjuna Capital said abortion restrictions could hurt companies’ ability to attract ...
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