Whereas, reports of human rights abuses in the overseas subsidiaries
and suppliers of some U.S. based corporations has led to an increased public
awareness of the problems of child labor, "sweatshop conditions," and the denial
of labor rights in US corporate overseas operations, and
violations of human rights in these overseas operations can lead to negative
publicity, public protests, and a loss of consumer confidence which can have a
negative impact on shareholder value, and
Whereas, a number of corporations have implemented independent
monitoring programs with respected human rights and religious organizations to
strengthen compliance with international human rights norms in subsidiary and
supplier factories, and
Whereas, these standards incorporate the conventions of the United
Nations’ International Labor Organization (ILO) on workplace human rights which
include the following principles:
Whereas, independent monitoring of corporate adherence to these
standards is essential if consumer and investor confidence in our company’s
commitment to human rights is to be maintained,
Therefore, be it resolved that the company commit itself to the
implementation of a code of corporate conduct based on the aforementioned ILO
human rights standards by its international suppliers and in its own
international production facilities and commit to a program of outside,
independent monitoring of compliance with these standards.
Note: The resolution failed to pass, but received an affirmative vote of
3.8%, enough for the resolution to be on the agenda again at next year's annual
meeting, for another vote.
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Last updated on Friday, June 17, 2011.
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