Stock Spotlight: Amazon's future growth pinned to worker rights war

Upcoming AGM

Kathleen Gallagher
clock • 4 min read
The company's AGM is on 25 May
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The company's AGM is on 25 May

Amazon has dominated the recent news cycle, and mostly for the wrong reasons. Now it will face public judgement again at its upcoming AGM where among the 15 special shareholder resolutions it will face is its first on workers' rights.

The AGM, which takes place on 25 May, includes resolutions on a 20-1 stock split and one requesting the board commission an independent audit and report of the working conditions and treatment that warehouse workers face. Members of the asset management industry, while cautiously optimistic about the investment opportunity presented by the second largest employer in the US, are adamant that it needs to demonstrate good governance. In one harrowing incident at the end of last year, six Amazon workers died after a warehouse collapsed during a tornado. A number of weeks later, reports su...

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