SEC blocks Apple’s bid to stop shareholders from addressing forced labor

The U.S. Securities and Exchange Commission has rejected a bid by Apple to skip a shareholder meeting asking the company to disclose methods used to protect workers from forced labor.Earlier in 2021, a group of shareholders asked Apple’s board to prepare a report that explained how the Cupertino-based tech giant keeps forced labor out of its supply chain.The request asked Apple to showcase how it identifies suppliers and sub-suppliers at risk for forced labor. It also requested Apple disclose how many suppliers it has taken action against. Read more…
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