Disney shoots at the proposal of the shareholder of the Equality of the HRC

The activist investor vowed to fight another day after Disney’s shareholders rounded his proposal to re -examine his participation in the Index of the Corporate Equality of Human Rights Campaign (HRC).

The Enterprise Project CEO Stefan Padfield said he was “very likely” to deal with the House of Mouse Next Proxy season and blamed his failure in his proposal on “bias and conflict of interest.”

“It is not surprising that our proposal received a small support, given the concern about the bias and conflict of interest in infecting the voices and recommendations of BIG 5 property managers and advisers for Proxy, as well as companies management,” Padfield said.

Prohibition abolished on Trump’s executive command by reducing the support of the Federal Dei

HRC publishes an annual survey that the corporation evaluates the respect of the Litanija LGBTQ initiative, including “equal health coverage of transgender individuals without exclusion for medically necessary care” and “integration of gender identity and sexual orientation in professional development, based on skill or other training that involves the elements of a variety and/ competition. ” Disney had the perfect result in the equality index every year since 2007.

Despite the loss of voice, Padfield said he saw an indication that Disney leads what he considered to be a positive direction in relation to his initiative Dei and Esg.

“The questions that have asked our proposals remain relevant to Disney’s bottom, and we have probably seen indications in the fact that neither Esg nor Dei are mentioned once, directly or indirectly, in [Disney CEO Bob] Iger’s introductory remarks – suggesting that the company is slowly distanced from left -wing radicalism embodied in these programs, “Padfield said.

Disney gave up Some of his controversial dei initiatives since President Donald Trump assumed his duty. Disney confirmed that in February he rejected their program “Reimagine tomorrow”.

The goal faces a 40-day boycott for the DEI return initiative

According to Reimagine tomorrow’s current website, the program was dedicated to “reinforcing the underdeveloped votes and untold stories, as well as advocating the importance of accurate representation in the media and entertainment.”

The site is also the racial and gender breakup of their content and labor of 2021 and boasts their research groups for business, representing employees from different ethnic walls.

“Walt Disney has established business employees’ resources in 10 dimensions: Asian/ Native Hawaiian/ Pacific Island, a black/ African -American disability Latin American/ Latin X Jewish, LGBTQ+, Multicultural, Native/ Indigenous Veteranci/ Holy,”, “,”

Disney also announced that he stopped using Dei as a factor in his employee’s fee. Instead, the company will use new “talent strategies” strategies that are focused on “business success”.

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“This factor will evaluate how leaders support the values ​​of our company, include different perspectives to achieve business success, nurturing an environment where all employees can progress and maintain a strong pipeline to ensure long-term organizational power,” by email.

While Padfield encourages the seemingly withdrawal of a company from Dei, he thinks “more work should be done.”

“There is a lot more work to do, and we will continue to present these questions until corporate America return to the creation of prosperity by focusing on big products and services, not partisan policy,” he said.