McDonald's investors will consider civil rights audit
ABC News
McDonald’s investors will consider a proposal for a civil rights audit of the company
McDonald’s investors will consider a proposal for a civil rights audit of the company after the federal government denied McDonald’s request to remove the proposal from the agenda at its annual meeting.
SOC Investment Group, a shareholder advocacy group that supports union pension funds, submitted the proposal for a vote at McDonald’s annual meeting. The proposal, which is one of 10 listed on McDonald’s proxy statement, asks McDonald’s board to oversee a third-party audit that would analyze the company’s civil rights record and provide recommendations for improvement.
SOC backed a similar proposal at Apple’s annual meeting in March. Apple shareholders voted in favor of a civil rights audit over the Cupertino, California-based company’s objections.
McDonald’s annual meeting hasn’t yet been scheduled but is generally held in May.
