Amazon.com Inc should review how it is addressing racial justice and equity after a shareholder proposal on the topic won strong backing, New York state’s top pension official said on Friday.
A filing on Friday showed 44% of votes cast supported a call for a review of the company’s impact on equity, diversity and other areas proposed by New York State Comptroller Thomas DiNapoli at Amazon’s annual meeting on May 26, a high total for such a measure.
DiNapoli said the measure would have received a majority but for the 14% stake held by CEO Jeff Bezos, a sign of investor dissatisfaction at the…