To investigate Bill Gates’ alleged misconduct. The company’s policy on sexual harassment. Investors want more information on policies that, according to them, allowed Bill Gates’ alleged misconduct.
Proxy firm Glass Lewis was calling for the removal of John Thompson, one of the company’s directors, The Times of London reported on Saturday. According to the report, Thompson was responsible for an investigation into Gates’s behavior.
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Arjuna Capital, an investment firm it announced in June it would add an annual shareholder resolution in the proxy. This resolution seeks an independent and transparent inquiry into allegations of gender discrimination at the firm as well as sexual harassment.
The text of that proposed resolution reads: “Reports of Bill Gates”inappropriate relationships” and sexual advances on Microsoft employees have only exacerbated concerns, putting in question the company’s culture, which is shaped by the top management, and the role of the board to hold accountable those who are responsible.”
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It stated: “Investors are worried that Microsoft might be experiencing an atmosphere of sexual harassment that could be threatening Microsoft’s ability to attract talented employees.”
Arjuna has also demanded the publication of “any independent inquiry into allegations of executive-level, including the recent Gates’ allegations.”
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In its proxy materials Microsoft asked shareholders to oppose the resolution, explaining that the resolution could duplicate measures already in place.
Microsoft will issue an annual report detailing its policies on gender discrimination and sexual harassment It said.
The company stated that “This reporting will substantially address some of the issues highlighted in the shareholder proposal.” “Microsoft does not condone discrimination, harassment or harassment.”
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Investors can voice their opinions during the annual meeting of the company on the 30th of November.
The investors’ actions came amid a series of reports on alleged misconduct committed by Gates during the years prior to his famous divorce from Melinda French Gates.