SUBSCRIBE
Tech Journal Now
  • Home
  • News
  • AI
  • Reviews
  • Guides
  • Best Buy
  • Software
  • Games
Reading: Amazon shareholder revolt loses steam
Share
Tech Journal NowTech Journal Now
Font ResizerAa
  • News
  • Reviews
  • Guides
  • AI
  • Best Buy
  • Games
  • Software
Search
  • Home
  • News
  • AI
  • Reviews
  • Guides
  • Best Buy
  • Software
  • Games
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Tech Journal Now > News > Amazon shareholder revolt loses steam
News

Amazon shareholder revolt loses steam

News Room
Last updated: May 23, 2025 1:29 am
News Room
Share
3 Min Read
SHARE
GeekWire File Photo / Todd Bishop

Amazon’s latest shareholder results, released Thursday afternoon, show a continued decline in support for some high-profile environmental and social proposals.

Measures on packaging waste and warehouse safety each received noticeably less backing than comparable resolutions did in prior years. It’s a sharp change from 2022, when similar resolutions came close to passing.

The trend signals waning momentum for activism among Amazon shareholders, despite ongoing scrutiny of its environmental impact and workplace practices.

Amazon’s board opposed all of the environmental and social resolutions, as it has in previous years, saying the proposals were unnecessary given the company’s existing disclosures, policies, commitments, and progress on the underlying issues.

The company announced during its annual meeting Wednesday that none of the shareholder resolutions had passed, but the vote totals weren’t disclosed until a regulatory filing today.

  • Among the most striking results was a proposal calling for additional reporting on Amazon’s use of plastic packaging, which drew 49% support in 2022 and 13.5% this year — a drop of more than 35 percentage points in three years.
  • The top shareholder resolution for 2025 was a proposal on warehouse working conditions, with 22% support. However, that compared to 44% support for a similar resolution in 2022.
  • A proposal on carbon emission reduction received 14% support, down from 15% in 2024.

However, a separate proposal calling for a report on the climate impact of Amazon’s growing data center operations — driven in part by AI — drew more attention and votes. It questioned whether the use of renewable energy credits can keep up with rising energy demands.

The measure, backed by former Amazon employees associated with the advocacy group Amazon Employees for Climate Justice, received 19.9% support — the second-highest among this year’s shareholder proposals. That was despite strong opposition from the company and an unsuccessful attempt to block it from the ballot.

In a statement after the vote, co-filer Eliza Pan, a former Amazon employee, criticized the company’s disclosures, saying they fail to reflect the true environmental cost of its AI expansion. 

“Amazon is hiding the massive impacts of its AI with misleading reporting,” she said. “If the company is serious about its Climate Pledge, we need to know what’s really happening.”

All board-backed proposals were approved by shareholders, including an advisory vote on executive compensation, which received 78% support — up from 68% in 2023.

Read the full article here

You Might Also Like

Outbound Aerospace achieves its first test flight and attracts more funding for airplane project

Amazon adds ‘Get book’ feature to iOS Kindle app in wake of ruling barring Apple purchase restrictions

Week in Review: Most popular stories on GeekWire for the week of April 6, 2025

Seattle is poised for massive AI innovation impact — but could use more entrepreneurial vibes

Column: Bezos lost in PR space as Blue Origin’s all-female launch backfires

Share This Article
Facebook Twitter Email Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Trending Stories

Games

A ‘gruesome’ free Warhammer 40,000 typing game on Steam heralds the announcement of Boltgun 2, coming in 2026

May 23, 2025
Games

Dawn of War, the undisputed king of Warhammer 40k RTS games, is getting a remaster, but Relic isn’t changing too much: ‘We don’t want to fix something that isn’t broken’

May 23, 2025
Games

The next Warhammer 40K RPG from Rogue Trader’s devs sounds killer: An Imperial inquisitor detective RPG where you can intimidate your enemies until they’re ‘scared as f**k’ and surrender

May 23, 2025
Games

‘It’s the definition of insanity here’: The Battlefield subreddit’s good vibes nosedive into outrage after DICE announces there’ll be no class weapon restrictions in Battlefield 6

May 23, 2025
Games

Light No Fire: Everything we know about Hello Games’ planet-sized survival game

May 23, 2025
Games

Three Warhammer games are free to keep as part of this year’s Warhammer Skulls event

May 23, 2025

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Follow US on Social Media

Facebook Youtube Steam Twitch Unity

2024 © Prices.com LLC. All Rights Reserved.

Tech Journal Now

Quick Links

  • Privacy Policy
  • Terms of use
  • For Advertisers
  • Contact
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?