Coca-Cola shareholders vote down proposal that targets pro-life states
Companies have increasingly come under public scrutiny for alleged political biases.
Coca-Cola shareholders recently voted against a proposal to conduct a survey into how state laws restricting abortion impact the company's business performance.
"Shareholders request that Coca-Cola's Board of Directors issue a public report prior to December 31, 2023, omitting confidential information and at a reasonable expense, detailing any known and potential risks or costs to the company caused by enacted or proposed state policies severely restricting reproductive rights, and detailing any strategies beyond litigation and legal compliance that the company may deploy to minimize or mitigate these risks," the proposal stated. ---More...
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