Natasha Lamb of Arjuna Capital to Deliver Remarks at Amazon Annual Meeting in Seattle; Available for Media Interviews on State of Gender Pay Equity at Amazon, Disinformation from Company on Median Pay Disclosure

SEATTLE (MEDIA ADVISORY) – Despite Amazon’s recommendation to oppose greater pay transparency, shareholders will have the opportunity to make their voices heard today on disclosing gender and racial pay gap data.  Natasha Lamb, managing partner of wealth manager Arjuna Capital, will deliver remarks in-person at Amazon’s annual meeting this morning in support of Arjuna’s shareholder proposal, which calls for global median, or company-wide, gender and racial pay gap disclosures, urging shareholders vote “yes” on ballot item #13.

On January 16, Arjuna Capital announced early success with its cross-sector gender pay campaign targeting technology and retail companies, but also big banks, when Citigroup agreed to become the first US company to disclose its median gender pay gap – the difference between what women and men make and what minorities and non-minorities make on a company-wide scale.  (http://arjuna-capital.com/news/press-release-arjuna-capital-commends-citi-for-being-first-u-s-company-to-disclose-global-median-gender-pay-gap-data/).

SHAREHOLDER ACTIVISM BACKGROUND:

Arjuna Capital has filed a total of 46 proposals at 23 companies in the tech, financial, and consumer sector.  22 of these companies have committed to disclose and close their pay gaps on an adjusted equal pay for equal work basis, an important first step.  This year Arjuna is requesting more comprehensive reporting from the companies, and filed a new proposal with 12 companies requesting  unadjusted  global median gender and U.S. racial pay gap data.  This evolution is important because while adjusted data shows if there is equal pay for equal work, unadjusted median pay data shows if there is equal opportunity to high paying jobs.

A recent oped published by Lamb, describes the importance of this reporting: https://qz.com/work/1549162/the-median-gender-pay-gap-arjuna-capital-wants-the-data-revealed/

ABOUT ARJUNA CAPITAL

Arjuna Capital is an investment advisory firm focused on sustainable and impact investing. Lamb and Arjuna Capital have been recognized for using shareholder proposals to promote gender pay equity in the tech, banking, and retail sectors. Natasha Lamb was named to the “Bloomberg 50” list of influencers who defined global business in 2017.  For more information, visit www.Arjuna-Capital.com.