GE Vernova Inc. | Monitor and manage human rights risks related to workplace health and safety at GE Vernova Inc.

Status
Omitted
Previous AGM date
Resolution details
Company ticker
GEV
Lead filer
Individual
Resolution ask
Report on or disclose
ESG theme
  • Social
ESG sub-theme
  • Human rights
Type of vote
Shareholder proposal
Filer type
Shareholder
Company HQ country
United States
Resolved clause
Resolved: that shareholders of GE Vernova Inc. (“GEV” or “Company”) urge the Board of Directors (“Board”) to report to shareholders on the governance measures GEV has implemented since 2019 to more effectively monitor and manage human rights risks related to workplace health and safety, including whether and how the Board (or Board committee) oversees policies that affect the Company’s injury rate, attendance policies impacting worker health and safety, and other relevant measures. The report should be prepared at reasonable cost and omit confidential and proprietary information. Supporting Statement: Workplace health and safety problems create serious risks that can impair corporate performance. Studies have shown a positive association between workplace safety and health and productivity.1 Poor health and safety performance can damage a company’s reputation and relationships with stakeholders.2 Boards are increasingly expected to exercise robust oversight over human capital management (“HCM”) matters, including worker health and safety. A leading law firm’s 2021 memo characterized HCM as a “board-level issue with vital strategic and risk oversight implications.” 3 The memo recommends steps boards should take to enhance HCM oversight, including adopting a sustainability reporting framework, formalizing the board’s responsibilities, and linking executive pay to HCM objectives. This Proposal asks GEV to report on governance measures adopted to address workplace health and safety

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