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Walmart, Lowe’s Shareholders Urged to Approve Abortion Proposals

May 20, 2022, 6:04 PM

With the US facing increased abortion restrictions, Institutional Shareholder Services is recommending shareholders at Walmart Inc. and Lowe’s Cos. vote to require the companies report on the risks to their workforces if the Supreme Court overturns Roe v. Wade.

Walmart, Lowe’s and TJX Cos., owner of the department store TJ Maxx, each have such proposals on the docket during their upcoming shareholder meetings. ISS put out recommendations that investors at Walmart and Lowe’s vote in favor of them. Walmart is based in Arkansas, one of about a dozen states that has so-called trigger laws on the books — meaning abortion would immediately become illegal if federal protections disappeared. ...