Bloomberg Law
Oct. 2, 2017, 12:10 PM UTC

Starbucks, Google Assailed by Shareholders Over Gender Policies

Bloomberg Media

By Emily Chasan, Bloomberg News

Investors focused on social issues are finding that trickle-down diversity doesn’t work.

For years, they surmised that having enough women on boards and in senior management would produce fairer policies. Now investors are changing tactics, saying it’s not enough and that employers also need to implement gender-pay equity and paid- leave policies that attract and retain women.

Zevin Asset Management, in a first-of-its-kind shareholder proposal, is asking Starbucks Corp. Monday to prepare a report on its new paid-leave policy that took effect Oct. 1, saying the approach is “particularly unequal.” The coffee chain offers 18 ...

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