An investment group is again pushing Google’s parent Alphabet Inc. to assess its internal whistleblowing program’s effectiveness, saying recent incidents suggest the company may have potential internal cultural or ethics problems.
For the second year in a row, Trillium Asset Management LLC submitted a shareholder proposal to Alphabet asking the tech giant’s board to oversee a third-party review of its effectiveness in whistleblower policies in protecting human rights.
“Investors for the most part are familiar with whistleblowing systems and protections and really prize whistleblower protections because, at the end of the day, they do protect long-term investors like Trillium,” said Jonas Kron, the firm’s chief advocacy officer.
The Boston-based firm’s proposal, which was submitted in December and could be voted on during Alphabet’s shareholder meeting this year, cited several examples of alleged retaliation against workers, saying the incidents were red flags about potential internal problems related to culture, ethics and human rights. Trillium’s proposal calls for the company to make the report public.
The original full article can be found at wsj.com
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