Worker Rights
Michael Connor
Investor Brief on the Impact of Digital Tech on ...

Open MIC and ICCR recently collaborated to release “Dehumanization, Discrimination and Deskilling: The Impact of Digital Tech on Low-Wage Workers.” The investor brief explores how surveillance tech, algorithmic management systems, displacement by AI and automated hiring tools contribute to increased workplace discrimination, diminished autonomy, and reduced job quality.

Investor Brief on the Impact of Digital Tech on Low-Wage Workers
Artificial Intelligence, Shareholder Engagement
Jessica Dheere
Open MIC Refiles Shareholder Proposal at ...

Encouraged by strong votes at AI companies, as well as Microsoft’s inaugural Responsible AI Transparency Report, Open MIC and partners seek to build momentum for more disclosure and remediation of AI risks. 

Open MIC Refiles Shareholder Proposal at Microsoft Calling for Annual Report on Mitigation of AI Risks
Press Releases
Jessica Dheere
2024 Shareholder Votes Send Strong Message to ...

Investors in Meta Inc. and Alphabet Inc. used votes at their recent annual meetings to highlight serious concerns about the deployment of generative artificial intelligence (gAI) technology and its potential to generate harmful disinformation and misinformation. A shareholder proposal at Meta won 56.3% of the independent shareholder vote, while a similar proposal at Alphabet won 45.7% of the independent shareholder vote.

2024 Shareholder Votes Send Strong Message to Meta and Alphabet Regarding Artificial Intelligence
Press Releases
Jessica Dheere
Majority of Independent Shareholders Support ...

At Meta’s annual meeting last week, a majority of independent shareholders (53.6%), representing $635 billion in market cap, voted in favor of a proposition demanding more disclosure of the costs and risks associated with the development and deployment of generative AI products. Alphabet shareholders will vote on a similar resolution this Friday.

Majority of Independent Shareholders Support More Disclosure, Accountability at META for Generative AI; Alphabet Up Next
Press Releases
Jessica Dheere
Shareholders Prepare to Vote on Handling of ...

Over the next two weeks, shareholders at Meta and Alphabet will vote on first-time resolutions calling for more disclosure on the costs and risks of generative AI to the company and society, and on how the companies are mitigating those risks. To date, neither company reports on how well it adheres to the promises it makes with regard to AI, a trend with a long precedent in the social media era.

Shareholders Prepare to Vote on Handling of Generative AI by Meta and Alphabet Amid Global Information Integrity Concerns

Transparency

Open MIC Successfully Withdraws Reproductive Privacy Proposal as Acxiom Publicly Commits to Data Ethics & Privacy Principles

Open MIC Successfully Withdraws Reproductive Privacy Proposal as Acxiom Publicly Commits to Data Ethics & Privacy Principles

Open MIC has successfully withdrawn a shareholder proposal this month after extensive engagement with the Interpublic Group of Companies (IPG) regarding its data broker subsidiary Acxiom, and specifically the company’s policies and practices regarding reproductive health data. The proposal was an attempt by shareholders to press IPG to release a report regarding Acxiom’s data privacy policies. In response to shareholder and Open MIC efforts, IPG has released a public statement that meets shareholder demands for greater public transparency. 

Open MIC Submits Shareholder Resolution to Acxiom Demanding Transparency on Data Collection Practices Following Roe vs. Wade Supreme Court Decision

Open MIC Submits Shareholder Resolution to Acxiom Demanding Transparency on Data Collection Practices Following Roe vs. Wade Supreme Court Decision

Acxiom's data practices are a matter of public concern, especially in the wake of the Roe vs. Wade decision," said Michael Connor, Executive Director of Open MIC. "Access to reproductive healthcare is an internationally-recognized human right, and companies that help law enforcement to infringe on that right risk severe financial and reputational damage. We hope that Acxiom will work with us to ensure its data collection practices are aligned with the values and expectations of its shareholders."

Apple Commits to App Store Transparency Improvements

Apple Commits to App Store Transparency Improvements

A coalition of investor advocates led by Azzad Asset Management withdrew a shareholder proposal this month after reaching an agreement with Apple Inc. regarding the company’s plan to improve its transparency reports and specifically add clarity around the removal of applications from its app store in response to government requests.

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Investment Firms Say Corporate Role in Government Surveillance Programs Raises ‘Serious Concern’

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Citing the potential of “unprecedented and dangerous threats to the privacy of hundreds of millions of people” from government surveillance programs, a group of leading sustainable investment firms has called upon publicly-held U.S. companies to demonstrate leadership by adopting “a pro-active, principled approach to protecting the privacy and rights of their users.”

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