Amazon shareholder resolutions related to warehouse working conditions and the company’s response to labor unions each won 35% of the vote at its annual meeting this week, according to detailed results released Friday afternoon.
That made them the top-vote getters among a record number of Amazon shareholder resolutions this year. However, the totals were well short of the majority required for passage, in contrast with last year, when several shareholder resolutions won support representing more than 40% of the company’s shares.
Amazon shareholders submitted 18 proposals this year, focused on issues including climate, workers’ rights, racial and gender equity, corporate governance, compensation, and product moderation.
The company announced Wednesday that none of the resolutions had passed, but detailed results were not previously available.
A resolution calling for a report on the company’s use of plastic packaging materials, seeking to reduce ocean pollution, received 32% of the vote. A similar proposal came close to passing last year with more than 48% of the vote.
Each of the resolutions this year would have fallen short even if they had won the support of Jeff Bezos, Amazon’s founder and executive chairman, who controls 12.3% of the company’s outstanding stock.
Amazon’s executive compensation received 68% approval in an advisory vote by shareholders, up from 56% last year.
Here are the detailed results from voting on the outside resolutions and Amazon’s board, as calculated by GeekWire from the company’s Form 8-K, as filed Friday afternoon with the Securities and Exchange Commission. Resolutions receiving more than 30% of the vote are highlighted in yellow.
Amazon’s board opposed each shareholder proposal. Read more about each proposal, and the response from the board, in the company’s proxy statement.
The meeting came in advance of a potential walkout by Amazon workers next week over issues including climate and the company’s return-to-work mandate.
